24 Jul Balance Joins The American Policy Holders Association To Fight Fraud
While we may not be contractors ourselves, we know the challenges roofers face in this industry today. New legislation, laws and regulations are making it harder than ever for contractors to succeed and effectively service policyholders after severe weather events. Internally, our goal has always been to help ensure contractors remain compliant and stay up-to-date on the ever-changing landscape of the claims and insurance process. But recently we’ve decided to take an even bigger stand to assist contractors and policyholders across the U.S by joining the American Policyholder Association or APA.
What is the American Policyholder Association?
The American Policyholder Association is a nonprofit, 501c4, watchdog organization that promotes integrity, honesty and best practices in the property loss adjustment sector of the insurance industry. APA is comprised of property owner policyholders, nonprofit organizations, and advocates with a mission to provide aid to property owners seeking benefits at the time of loss.
Unlike other organizations, APA is not designed to spot and report fraud committed by contractors or roofers – instead, it seeks to report fraud committed by insurance companies against policyholders. APA also advocates broadly for policyholder benefits and promotes solutions in insurance coverage, the insurance claim process, and the repair and rebuilding process for Policyholders in every state.
We are proud to be serving on the advisory board for APA and help give a voice to contractors and policyholders who have little recourse against insurance companies who operate in bad faith. Stay tuned for details as APA ramps up and join us on our mission by becoming a member.