False: Assignments of post-loss benefit payments have been recognized by Florida law for over 100
Years.
False: Assignment of Benefits does not give contractor’s additional rights. Assignment of
Benefits allows the assignee to stand in the shoes on the insured.
False: This is a false sentiment propagated by insurance companies. Assignment of benefits have no
impact on a contractors ability to inflate pricing.
False: Assignment of Benefits does not override insurance policy provisions allowing certain time
periods for coverage determinations.
False: Assignment of Benefits only assign the right to receive payment for services performed, not
the insurance policy itself
False: Even with an assignment, all policy obligations remain with the homeowner and will be
enforced by Florida courts
False: Assignment of Benefits only transfers the right to receive payment for contracted services,
not an entire claim.
False: An Assignment of Benefits is legally distinct from Public Adjusting.
False: Florida Statue 627.405 only requires that the policyholder have an insurable interest at
the time of the loss
False: Florida Statue 713.32 only deals with applications to place a lien on the property; an
Assignment of Benefits is not lien or an application for a lien.