Yet, the devil is in the details when it comes to the fine print.

In reality, many professionals with signed AOBs use them to inflate claims to profit from them. For example, windshields normally cost up to $600, yet glass replacement companies are pursuing hundreds of claims of well over $10,000. Countless roof damage claims are submitted at twice the normal value.

Once filed, the threat of lawsuits soon follows with contractors and attorneys knowing that insurers prefer to save the time and money in avoiding a courtroom battle.

In response to the growing problem, Florida lawmakers are considering two measures focused on AOB reform. The legislation would tighten requirements for contractors to report claims to insurance companies. It would also create a graduated scale to determine qualifications by contractors holding these agreements to recover litigation expenses from carriers.

Additionally, the Office of Insurance Regulations would be responsible for monitoring progress by collecting data on trends in AOBs and any related litigation.

The Florida House overwhelmingly passed the AOB reform bill on a vote of 91-26.

Allowed to continue, the damage caused by AOB abuse could be widespread. Consumers could see their home and car insurance rates in Florida increase significantly, many by hundreds of dollars annually.

Conversely, ethical contractors and legal professionals may find themselves forced to fight an uphill battle and overcome the harm done by peers who engage in unethical AOB abuse.

Has Your Home Insurance Company Denied Or Undervalued Your Property Damage Claim In Florida?

If your insurance company is dragging their feet regarding your property damage claim you should speak with an experienced insurance claim lawyer as soon as possible. Please contact us online or call our Florida law office directly at 800.451.6786 to schedule your free consultation. We help Florida residents just like you fight the big insurance companies who fail to abide by their own policies. Remember, we work on a contingent basis, meaning you don't pay us anything until we win your case. 

K.C. Williams III
Managing Partner who has spent his entire career representing Florida insurance and personal injury claims.