Sentences with phrase «if subrogation»

If the subrogation is successful not only does it allow the insurance company to recover what was paid out, and thus keep premiums reasonable, but it can often allow the recovery of your deductible.

Not exact matches

And this is because abortion is the lead in issue, if you will, to the control and subrogation of women.

Even if your insurance company chooses not to pursue subrogation, you can still try to recover the deductible from the other party on your own — perhaps through small claims court.

If you cause a fire, for instance, your Mesquite, TX Renters Insurance would cover those losses to the property, as well as indemnify you from subrogation from both the commercial carrier and the policies of other residents that suffer losses because of your fire.

Broadly speaking, renters insurance liability coverage protects you from subrogation actions for damage due to your negligence, even if the lease you signed explicitly gives you responsibility for the costs of those damages, such as in the Pekin case above.

In subrogation, the commercial carrier nearly always wins if there's clear negligence on your part.

If your neighbor started a fire that damaged your property, your coverage will generally pay you and then try to get the money (and your deductible) back from the liable party through a process called subrogation.

In other words, they pay for a lawyer to defend you against the subrogation suit if you're the one responsible for the fire.

The other insurance companies may well be willing to accept part of their loss and settle the subrogation, but they're not going to take whatever is left after everyone else is paid if you don't have enough coverage.

If the commercial carrier that insures the building decides the fire is your fault and sues to recoup their losses through subrogation, your policy not only could pay that loss, but also could provide you a defense against the suit.

Insurance is there to cover many such losses: if a friend trashes your house in a drunken rage, your insurance will cover the damage, but they will invoke the doctrine of subrogation whereby they get to go after the friend, and you have to cooperate.

WARNING: if you were injured in a motor vehicle accident you might also possibly have to sign a «Subrogation Agreement» with your employer's disability insurer in order to obtain any benefits from them.

But, your car insurance would have a right to subrogation which means a right to sue the person who is legally liable for what the insurance company paid, even if it does cover the law.

If at the conclusion of the investigation, it emerges that you were not responsible for the accident, you won't have to do a thing — your insurance company will collect the money it paid to you from the other driver's insurance company through a process called subrogation.

While you may not have noticed, it is likely that your health insurance company included subrogation (i.e., reimbursement) language in your health insurance contract which gives them the right to be reimbursed if you are injured by a third party (i.e., the person who caused the accident).

Some lien holders must advise you of their intent to reclaim money from your personal injury, and some do not Determining if there are liens or subrogation claims against your settlement proceeds and how to resolve them is very complicated and we recommend that you not attempt to do so without the help of an experienced personal injury attorney.

If a different person, businesses, or insurance company is ultimately responsible for the costs, your insurance provider can seek compensation through your or subrogation.

Similarly, a party who acquires rights by assignment or subrogation may be required to enforce those rights through arbitration, if the main contract contains an arbitration agreement.

The subrogation claim, although potentially applicable to non-signatories, did not give rise to fee entitlement because nothing allowed cross-complainant to step in the shoes of any party to the construction loan agreement — so, if cross-complainant could not recover for fees, Bank could not either under either contractual interpretation or Civil Code section 1717 reciprocity principles.

Any insurance company who pays an insurance claim caused by the tortious fault of another (e.g. Samsing, if its product was defective in a manner sufficient to give rise to legal liability) has a right to sue the party at fault for the loss the insurance company suffered in what is called a subrogation lawsuit.

If both companies paid, both would have subrogation claims against Samsing for the amount that they paid.

Coventry Health Care v. Nevils (Does the Federal Employee Health Benefits Act's express - preemption provision preempt state laws that prevent carriers from seeking subrogation or reimbursement and, if so, is preemption by contract consistent with the Supremacy Clause)(co-counsel on the merits)

It followed that when agreeing to the clause the parties could not have placed much, if any reliance on the value to the underwriters of any subrogation right to enforce non-status loans.

It will be interesting to see if this decision has any wider applicability in other scenarios where there is a third party conducting litigation via subrogation.

(2) If not, did the subrogation clause in the Homeowners» Policy permit State Farm to commence an action in the name of Mr. Douglas, who is an undischarged bankrupt?

If the fire that spreads is your fault, you have coverage for the damages you've caused to others as well as for the costs of defending against the claim, lawsuit, or subrogation that will inevitably follow.

If your insurer pays benefits to a worker who was injured because of someone else's negligence, your insurer has the right to obtain subrogation from the responsible party.

It can also help you keep more money if you get a settlement, under Indiana's medical payments subrogation statute.

Subrogation With any number of types of insurance policies, subrogation gives the insurance company the right to chase after a third party for repayment if they arSubrogation With any number of types of insurance policies, subrogation gives the insurance company the right to chase after a third party for repayment if they arsubrogation gives the insurance company the right to chase after a third party for repayment if they are at fault.

If you choose to sue and receive compensation from the other driver's insurer, that money may be subject to subrogation if it exceeds a certain limiIf you choose to sue and receive compensation from the other driver's insurer, that money may be subject to subrogation if it exceeds a certain limiif it exceeds a certain limit.

If the homeowner's policy gets involved because of damage to real property, then the payments that they make to their own insured will be subject to the subrogation of rights clauses.

That means they'll sue you if you're the responsible party, in a process called subrogation, to recover the money they paid out for the building.

If you received PIP payments for your injuries, which could include lost wages, that money is NOT subject to subrogation — the insurance company can not reclaim the money.

If the responsible party is found to be at fault, your insurance company takes care of the subrogation process to recover the money that was paid to you.

Subrogation: If your car is damaged because of another driver's negligence and you ask your insurance carrier to settle the claim for damage to your car, we will seek payment recovery (including your deductible) from the other party.

This clause is designed to protect your insurance company if you waive subrogation after an accident.

If your insurance company doesn't begin the subrogation process for any reason, then you can still attempt to recover the deductible from the other driver or his insurer.

If you do file a claim on your insurance policy after an at - fault incident, then your insurance company will most likely begin the subrogation process.

Even if your rates increase after a renters insurance subrogation, the math might look something like this:

Broadly speaking, renters insurance liability coverage protects you from subrogation actions for damage due to your negligence, even if the lease you signed explicitly gives you responsibility for the costs of those damages, such as in the Pekin case above.

If your landlord is additional insured on your renters insurance, you don't have a subrogation opportunity against him and he likely doesn't have a subrogation opportunity against your policy, with or without the Sutton Rule.

If they're able to make a successful recovery through subrogation, they'll even work to get your deductible back from the responsible person!

First, if there is a loss to your property caused by the landlord's negligence, and either your lease, the Sutton Rule, or your state prevents renters insurance subrogation, you and your renters insurance company have zero recourse to recover those funds, your deductible, or any expenses in excess of your policy limits.

If you have any questions about subrogation as it relates to your policy, speak with your auto insurance agent.

If the commercial carrier that insures the building decides the fire is your fault and sues to recoup their losses through subrogation, your policy not only could pay that loss, but also could provide you a defense against the suit.

Can you imagine if there was a fire loss six months after you moved out and you were both named on the policy, and some lawyer named you both on the subrogation suit?

The other insurance companies may well be willing to accept part of their loss and settle the subrogation, but they're not going to take whatever is left after everyone else is paid if you don't have enough coverage.

I understand if you file a claim with your insurance company to get your car fixed or whatever, they have subrogation rights to sue the other person's insurance company to be reimbursed for what they paid you to get your car fixed.

Tenants should be particularly vocal about getting a waiver of subrogation if the tenant pays for the landlord's insurance, because operating costs usually include landlord's insurance.

Releases have the same effect as waivers of subrogation because the insurer's rights exist only if the insured has the right.