06-21-2015, 11:59 AM
(06-21-2015, 11:49 AM)Cormanus_imp Wrote: Undecider, forgive my ignorance, but what is a subrogation claims rep?
Subrogation is the process where an insurance company, through the payment of an insurance claim, gains the right to recover from the party responsible for creating damages for which the claim covered.
The most common example is with automobile claims. Say someone else is at fault for causing an accident, but you had to file a claim under your own policy to fix your collision damage. Your insurer will pursue the at - fault driver to recover what was paid under the claim and usually your deductible.
I handle property claims which involve all sorts of claims from product liability (defective products causing fires or water damage), construction defects, and vehicle collisions.
