Consumer Protection Coalition launches ad on Assignment of Benefits claims

The Consumer Protection Coalition launched a radio and television ad campaign Monday to warn homeowners of how Assignment of Benefits abuse could cause insurance rates to skyrocket in Florida. Assignment of Benefits, or AOB, is a system where homeowners can sign over their insurance policy to a contractor or lawyer in exchange for a quick repair. Often, AOB claims are costlier and many end up in court in order to get insurers to pay up. The coalition includes several insurance…