| When you're down on your luck, scammers are around to make it worse. The Assignment of Benefits (AOB) scam is yet another scheme to make others rich at your expense. This is how it works: A contractor approaches you to do repairs and offers to take care of all the insurance details (if you sign a paper). Sounds great - especially if you're in the middle of a crisis. The problem is that the contractor inflates the cost of the job and submits it to the insurance company. Because you signed the paper, the insurance company can no longer talk to you if they feel they (and you) are being swindled. Legal action soon follows, and now you have a bigger problem than when you started. And you can do nothing because you've signed all your rights away. | |  |
