Assignment of Benefits for Contractors: Pros & Cons of Accepting an AOB
Levelset
APRIL 15, 2022
It gives the assignee authority to file and negotiate a claim directly with the insurance company, without involvement from the property owner. The contractor, now the assignee, negotiates the claim directly with the insurance company. You may even get green-lighted to order materials and get started. AOBs and mechanics liens.
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