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

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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