Assignment of Claim Payment
Farm Bureau Mutual Insurance Company's Policy States, “Change/Assignment of Interest—No change of interest in this policy is effective unless we consent in writing. However, if a “named insured” dies, we will protect the legal representative as “named insured.”"
The insured signs an assignment with a windshield repair shop for the payment of the windshield repair to be paid to the windshield repair shop directly. There is a second assignment from the windshield repair shop to NEON LLP for Neon to collect the windshield repair shop's outstanding repair statements from the insurer.
This premium content is locked for FC&S Coverage Interpretation Subscribers
Enjoy unlimited access to the trusted solution for successful interpretation and analyses of complex insurance policies.
- 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
Already have an account? Sign In Now
For enterprise-wide or corporate access, please contact our Sales Department at 1-800-543-0874 or email [email protected]