What is a subrogation recovery?

A subrogation recovery is a legal process that occurs when an insurance company pays for damages or medical expenses caused by an accident and tries to recover its losses. This process typically occurs after the insurance company has paid an individual or business for losses caused by a third party and the insurance company becomes the third-party’s legal representative. In North Carolina, a subrogation recovery requires the insurance company to prove that the third-party was responsible for the damages, and that the insurance company paid for the damages. If the insurance company is successful in its recovery, the third-party will be legally required to pay the insurance company the amount that the insurance company paid for the damages and/or medical expenses. The process of subrogation recovery can be complicated and time-consuming. It is important to understand the nuances of insurance claims law in North Carolina in order to properly navigate the process. An experienced insurance attorney can help explain the process and ensure that the insurance company’s rights are protected.

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What is a subrogation recovery?

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