Florida gains about 300,000 new residents every year and 2020 has been no exception, despite the challenges of the pandemic. Unfortunately, many of those new residents, as well as longtime residents of the Sunshine State will be looking at major homeowner insurance rate increases in the coming years. Florida is on the verge of large […]
Florida residents may see their homeowners insurance rates go down in the near future as the Governor recently signed an assignment of benefits (AOB) reform into law. This was one of the most heavily lobbied bills in the 2019 session, but it managed to survive and be signed into law. An AOB is when a […]
While the assignment of benefits (AOB) form is a pretty standard practice in the United States insurance industry, rampant fraud in Florida has led to a shocking increase in the number of AOB filings over the past decade. An AOB contract signs over your insurance benefits to a third party such as a contractor or […]