For years, opportunists have preyed on vulnerable homeowners attempting to rebuild their lives after large-scale catastrophes.
Insureds who enter into unfavorable agreements or end up with subpar (or non-existent) property repairs are often left to pick up the pieces, with little recourse.
Increasingly states across the U.S. are enacting specific legislation to spread awareness and deter the merciless crime. But as insurers well know, the first step to eradicating contractor fraud is devoting investigative resources to catch—and help prosecute—perpetrators.
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