Get Cause Of Loss And Subrogation Report

When you file a claim, your insurer can try to recover costs from the person responsible for your injury or property damage. This is known as subrogation. For example: Your insurance company pays your doctor for your treatment following an auto accident that someone else caused.

"Subrogation," or "subro" for short, refers to the right your insurance company holds under your policy — after they've paid a covered claim — to request reimbursement from the at-fault party.

The primary purpose of subrogation is to obtain reimbursement to the person who advanced payment (“subrogee”) for the payments made by that person with respect to a legal claim.

Subrogation in the insurance sector generally involves three parties: the insurer (insurance company), the policymaker (insured party), and the party responsible for the damages. The process usually starts when the insurer pays out the losses of the insurance claim filed by the policymaker.

Subrogation in the insurance sector, especially among auto insurance policies, occurs when the insurance carrier takes on the financial burden of the insured as the result of an injury or accident payment and seeks repayment from the at-fault party.

If you've been in an accident and filed a claim with your insurance company, you may have received a subrogation letter. This document allows the insurance company to pursue a claim against a third party that caused damage to their insured, after the insurance company has paid out a claim to the insured.

If you've been in an accident and filed a claim with your insurance company, you may have received a subrogation letter. This document allows the insurance company to pursue a claim against a third party that caused damage to their insured, after the insurance company has paid out a claim to the insured.

What happens if you don't pay a subrogation claim? If you choose to not pay a subrogation, the insurer will continue to mail requests for reimbursement. Again, they may file a lawsuit against you. One way to avoid an effort to subrogate from the victim's insurance company is if there is a subrogation waiver.