When property damage requires immediate attention after an accident, homeowners may be unable to wait for an insurance settlement to begin repairs. When put into this situation, assigning benefits to a repair service can be an attractive option. However, this must be given careful consideration and property owners should contact an attorney from our firm before assigning benefits to a third party contractor. At the Morgan Law Group, our Miami insurance attorneys are backed by more than 40 years of combined experience and we can assist both property owners and contractors with disputes relating to the assignment of benefits.
Considering assigning your benefits to a third party? Request a consultation with our firm today.
The assignment of benefits can allow property owners access to quick repairs with little to no upfront costs by allowing the homeowner’s insurance company to pay a third party or contractor directly. However, trouble can arise if an insurance company disputes an expense or claims that repairs are not covered by a policy. When there is a denial or delay in payment after work has begun, a contractor may be unable to finish repairs or may even seek payment from the property owner. Before you agree to sign your benefits over, it is vital to understand the terms of your policy as well as any assignment of benefits forms that you are being asked to sign.
Our attorneys can help you to overcome the legal hurdles stemming from the assignment of benefits including:
Whether you are seeking payment for completed services or you are an insured who is attempting to assign benefits, the Morgan Law Group can work tirelessly to see that your claim is treated fairly. Insurance companies may have dedicated legal teams working to protect their interests and if you are considering taking legal action, you need an aggressive advocate from our firm in your corner. Through out-of-court negotiations or through litigation, we can provide legal solutions tailored to meet your specific goals.Call toll free (844) 818-0774 or contact us online and speak to an attorney about your legal options.