We created Fund My Deductible (FMD) because we needed a way to stay compliant and keep clients. New laws all over the US have closed loopholes that allowed contractors to waive insurance deductibles on jobs. FMD does two important things: keeps legal compliance simple and allows customers to pay the deductible over time.
We knew that FMD would only work across multiple states if we made sure our novel idea was endorsed by both the insurance industry and legislators. So, we worked with both groups and app developers to create the FMD app.
FMD lets you fund projects for all your customers and provides secure payment processing. Funding means no financing fees, no application, and no credit check. The homeowner chooses an amount to pay that works for their budget, and makes monthly payments on the deductible.
John W Houghtaling II explores how Fund My Deductible is endorsed by attorneys, contractors, and legislators as a solution to deductible insurance fraud.
High deductibles following windstorm or hailstorm losses are becoming the normal state of affairs. Insurance agents as a matter of course...
During the annual Hougtailing // Badger debate at Win the Storm Conference, Steve Badger mentions Fund My Deductible as a great tool to help contractors stay compliant while LEGALLY collecting deductibles.
Address: 5701 122nd St., Lubbock, TX 79424
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