Florida Bill Targets Windshield Repair Incentives

Original source: https://miami.cbslocal.com/2019/09/16/florida-bill-targets-windshield-repair-incentives/

We search the world wide web effortlessly to help you to understand to the idea of having a Property Damage Adjustment Consultant there to assist you. Take a minute to read this website post we found.

CBS Miami (09/16/19)

Florida state Rep. Richard Stark (D) has proposed laws to stop auto-glass stores in the country from offering cash, gift cards, along with other incentives to motorists to entice windshield-repair work. The bill could spur renewed debate regarding the insurance policy practice called assignment of benefits (AOB), under which policyholders sign over claims to builders who subsequently pursue payment from insurers. Lawmakers placed restrictions on AOB for limitations that were debated and statements for windshield asserts. Florida CFO Jimmy Patronis states he will chase the windshield issue through the 2020 legislative session, which starts Jan. 14, 2020. Insurance businesses say fraud and litigation undermines the AOB procedure, while builders say it helps guarantee that claims are paid properly. Supporters of this bill say although opponents say the bill could harm small windshield-repair businesses that compete against larger corporations that have arrangements with insurers unnecessary windshield promises could lead to higher premiums for motorists…. Read More

We appreciate you! And please contact us if you need help when dealing with your insurance broker. NO claim, NO fee!

Original source: https://miami.cbslocal.com/2019/09/16/florida-bill-targets-windshield-repair-incentives/

We search the world wide web effortlessly to help you to understand to the idea of having a Property Damage Adjustment Consultant there to assist you. Take a minute to read this website post we found.

CBS Miami (09/16/19)

Florida state Rep. Richard Stark (D) has proposed laws to stop auto-glass stores in the country from offering cash, gift cards, along with other incentives to motorists to entice windshield-repair work. The bill could spur renewed debate regarding the insurance policy practice called assignment of benefits (AOB), under which policyholders sign over claims to builders who subsequently pursue payment from insurers. Lawmakers placed restrictions on AOB for limitations that were debated and statements for windshield asserts. Florida CFO Jimmy Patronis states he will chase the windshield issue through the 2020 legislative session, which starts Jan. 14, 2020. Insurance businesses say fraud and litigation undermines the AOB procedure, while builders say it helps guarantee that claims are paid properly. Supporters of this bill say although opponents say the bill could harm small windshield-repair businesses that compete against larger corporations that have arrangements with insurers unnecessary windshield promises could lead to higher premiums for motorists…. Read More

We appreciate you! And please contact us if you need help when dealing with your insurance broker. NO claim, NO fee!