Washington SB6178 prohibits post-loss assignment of benefits in property insurance to third parties.

Washington SB6178 bans the assignment of property insurance benefits to third parties after a loss. This means contractors or others cannot claim insurance rights and benefits from the policyholder. Exceptions include licensed public adjusters and attorneys under specific conditions. The bill aims to ensure policyholders retain control over their insurance claims. Violations can result in fines up to $50,000.

Washington SB6178 prohibits post-loss assignment of benefits in property insurance to third parties.

Washington SB6178 bans the assignment of property insurance benefits to third parties after a loss. This means contractors or others cannot claim insurance rights and benefits from the policyholder. Exceptions include licensed public adjusters and attorneys under specific conditions. The bill aims to ensure policyholders retain control over their insurance claims. Violations can result in fines up to $50,000.