However, many contractors and purchasers of the damaged property have found themselves in a tight spot over the years, because of something called the anti-transfer clause. As explained on the Tennessee Insurance Litigation Blog, the anti-transfer clause usually reads something like this: Your rights and duties under this policy may not be transferred without our written consent except in the case of death of an individual named insured.
Sometimes, the insurance company requires written consent before an assignment of claim can be made... read more