In an effort to educate consumers about contractor fraud schemes that are contributing to increased insurance rates, Florida’s Insurance Consumer Advocate (ICA) Tasha Carter has launched a new educational initiative, Demolish Contractor Fraud: Steps to Avoid Falling Victim.
The new website includes information on how contractor fraud is committed; contractor prohibitions and unlicensed adjusting, as outlined in law; and how consumers are impacted.
“Deliberate deception and intentional acts of fraud are driving up insurance rates and harming consumers. Consumers are essentially paying more for less. The availability and accessibility of adequate insurance coverage is decreasing significantly,” said Carter. “I created Demolish Contractor Fraud to educate consumers on how to spot fraud and protect themselves from falling victim.”
Florida Association of Insurance Agents President and CEO Kyle Ulrich said there has been an increased involvement of contractors, roofers, and water extraction companies in the insurance claims process that is harming Florida’s consumers and leading insurers to cut back insurance coverage and raise rates.
News article: https://www.insurancejournal.com/news/southeast/2021/03/09/604376.htm