Maximizing Subrogation Claims: A Little Work Upfront Can Payoff in the End

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Two key elements in subrogation are attaining swift resolution of the claim and avoiding unnecessary activities before and during the lawsuit. Doing this can minimize the effort before a lawsuit is filed so that the claim can be settled or pursued as soon as possible in hopes of maximizing the return. However, this approach unfortunately can create a situation where a claim is not thoroughly investigated, and it can result in a low recovery, if any, on what otherwise may have been a valuable subrogation claim.

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Published In: Insurance Updates