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The Impact of Affordable Homeownership in Florida
The state of Florida is responsible for only 8% of the claims in the US, but 97% of insurance related litigation happens there. AOB allows you to basically engage with a contractor and then from there, that contractor has the rights to fix the house and then build back the insurance company. "I'm going to charge 5X the normal going rate to fix your roof and I'm going to build back the Insurance Company," says one unscrupulous contractor.