Fraud of the Week:  September 26, 2016

Amount: $7,760

A woman in Florida was affected by contractor fraud when a roofing contractor took over her insurance claim, collected nearly $8,000 in claim money, and disappeared without beginning work on the roof. The roof had allegedly been damaged in a hail storm. The roofing contractor knocked on the homeowners front door and offered to inspect the roof for damage. The victim allowed the roofers to inspect her roof and hired the company to repair the damage. The roofers promised to handle the claim so the homeowners would not have to pay the deductible. She signed an Assignment of Benefits over to the contractors, which gave them control of the claim. The contractor collected the settlement and cashed the check for $7,760 and did not repair the roof. The victim was given several excuses as to why the roof hadn’t been repaired or replaced, and then stopped hearing any news from the company in regards to her roof repairs. The company claims that their manager has been ill and their customer service has suffered as a result, and that the victim’s roof will eventually be repaired or she will receive her claim money back.

Continue Reading for Free

Register and gain access to:

  • Quality content from industry experts with over 60 years insurance experience, combined
  • Customizable alerts of changes in relevant policies and trends
  • Search and navigate Q&As to find answers to your specific questions
  • Filter by article, discussion, analysis and more to find the exact information you’re looking for
  • Continually updated to bring you the latest reports, trending topics, and coverage analysis