The Definitive Guide to the Restorer’s Most Powerful Collection Device
There is no greater way to empower a restorer to recover fair market value for restoration service than with a properly-drafted Assignment of Insurance Rights. Assignments allow restorers in most states to cause insurance companies to pay a reasonable price for restoration service, and to pay a second time if the insurer sends the restorer’s money to the policyholder.
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Note: Texas, Oregon, and Louisiana will enforce a carrier’s timely objection, if any, to an assignment. The book explains how contractors in those states may obtain assignments of legal claims that are not subject to objections. Assignments appear to be unenforceable in Florida and Tennessee.