Subrogation: Most Common Mistakes
Subrogation is the process by which insurance companies recoup claims paid out when another party is found at fault in an accident. Most of the time, for instance, vehicle owners involved in car crashes contact their insurance company to handle repairs, medical bills, or any other costs tied to the accident. However, if ultimately the other party involved is deemed at fault, the insurance company has the right to claw back any money paid [...]