what is subrogation

What is Subrogation and How Can It Affect Your Insurance Claim?

RRBHLAWZENInsurance Litigation

Did you know that your insurance company could have the right to go after a third party to recover the money they’ve paid out on your behalf? It’s called subrogation and could play a big role in your insurance claim. If you’ve ever filed a claim after an auto accident or a workplace injury, subrogation might already be working in the background without you knowing it. But what is subrogation? Understanding what it is and how it impacts your insurance claim is important. It’s one of those legal concepts that can directly affect the money you recover after an accident. In this blog post, we’ll walk you through exactly how subrogation works, the types of insurance policies it applies to, and why it matters to your final payout. What is Subrogation? Subrogation is when an insurance company can recover payment from the person at fault for an incident after covering your claim. If you’ve had an accident or injury, your insurance company may seek reimbursement for the damages they covered from the responsible party. Subrogation is a legal strategy insurance companies employ to shift the financial burden onto the party at fault rather than the blameless party or their insurance …

roof tiles before roof insurance claim process

How Does the Roof Insurance Claim Process Work? 5 Things to Know When Filing

RRBHLAWZENblogHomeowners' Insurance, Hurricane damage, Insurance Litigation

As most Floridians know by now, the 2020 Atlantic hurricane season is going to be a busy one. Hurricane Isaias, though only a Category 1 hurricane, caused widespread damage to homes across the east coast. One of the most common types of damage that can happen to a home during a hurricane is roof damage, which begs the question for homeowners: How does the roof insurance claim process work? When you file a claim, these five things are good to know. Making a Claim with Your Insurance After a storm damages your roof, the first thing you probably think you need to do is contact your insurance. While you do not want to procrastinate when filing a claim, it is in your best interest to consult with a property insurance attorney to make sure you are protected. Many insurance companies, to avoid losing revenue, will deny or underpay claims, sometimes in bad faith. When you have an attorney from the start of the process, you can ensure that they will take your claim seriously. Make Temporary Repairs Repairs take time, but you cannot wait to protect your home from suffering more damage from the elements. Be sure to document the …

insurance adjuster

How to Deal with an Insurance Adjuster for Your Personal Injury Claim

RRBHLAWZENblogInsurance Litigation, Personal Injury Lawyer Florida, Slip and Fall

When you are injured in a car accident or because of negligence on another person’s property, you will have to jump through a few different hoops before getting the compensation that you need to recover your health. One of those hoops is learning how to deal with an insurance adjuster. It’s vital that you understand how to protect yourself before speaking with a representative of your insurance company so that you can ensure that the settlement you get is fair. Want someone to guide you through the process so you can get the most compensation possible for your claim? Get in touch with the experts at RRBH Law today. Otherwise, take a second to read through some of our tips below. What an Insurance Adjuster Does The first thing that you need to understand—so that you can get a better idea about how the claims process works—is to learn what exactly an insurance adjuster does. First things first—the insurance adjuster works for the insurance company. They don’t represent you. In fact, their job is to pay out as little as possible to increase the profits of the insurance company. This fact is important to understand because they are in control …

Knight armor

Bad Faith Insurance: Are You REALLY Protected When It Matters?

RRBHLAWZENblogInsurance Litigation

We’ve all seen them—advertisements that portray the insurance company as a protector. When everything goes right, this portrayal can ring true. But what about bad faith insurance practices? Your insurance provider is supposed to act as a suit of armor for your and your loved ones. You hope you won’t need it, but you pay for it anyway, just in case the worst happens. When your insurance company acts in bad faith, it’s as if you were imagining that you were wearing the armor the whole time—when that happens, you need to take action. What Is Bad Faith Insurance? Insurance companies—as many of their ads claim—are supposed to protect their policyholders. When an insurance company fails to do so, either intentionally or negligently, that is what is known as a bad faith insurance practice. Insurance companies have an obligation by law to act in good faith. What that means is that when you file a claim, your insurance provider shouldn’t look for ways out of investigating the claim or paying you what they owe you. A Look at a Bad Faith Insurance Case Way back in the 1990s, the former owner of an auto repair shop had to file a …