Subrogation Services
Insurance For The Independent Contractors
When an accident occurs, you can be certain that we will respond. What happens though, if the accident wasn’t your fault? The losses paid affect your loss experience.
When we believe another party is negligent or legally liable for your damages, we will attempt to recover those benefits paid under your policy through negotiation or litigation. This process is called subrogation. Our subrogation staff will seek reimbursement from the party whose negligence caused your loss and can assist you in seeking recovery of your deductible and losses paid. This usually involves loss payments made under physical damage, cargo and workers compensation coverages. Subrogation can also arise in situations involving loading dock accidents, fires, product failures, and negligent bailments.
Recovery of subrogated damages is credited to your loss experience. We may also assist or work with your legal counsel in the recovery of your damages such as deductibles, downtime, and other miscellaneous out-of-pocket expenses incurred as a result of the accident.
*Subrogation Service is included under the policy free of charge.
The description of coverage is general and intended only to summarize the type of insurance, and not the terms and conditions of the insurance. For details of the actual terms and conditions of coverage, please refer to the actual policies.
|
