ASSIGNMENT OF BENEFITS ALERT:

ASSIGNMENT OF BENEFITS ALERT:

October 29, 2020
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Make Sure You Stay In Control of the Insurance Policy You Purchased and Paid For

An Assignment of Benefits (AOB) agreement, once signed, transfers the insurance claims rights or benefits of your insurance policy to a third party, authorizing them to file a claim, make repair decisions, and collect insurance payments without your involvement. 

Watch out for AOB vendors representing themselves as employees of, employed by, or sent on behalf of your insurance carrier.  Assume they are not and contact your claim representative to confirm. 

This type of fraudulent behavior and other misuses of an AOB can lead to harmful consequeces.  We encourage you to CLICK HERE to visit The Florida Office of Insurance Regulation website to learn more about Assignment of Benefits (AOB)s.