What Is Subrogation in Car Insurance?
Subrogation is one of those terms that easily baffles many people. In relation to car insurance, subrogation is the process where your insurance company tries to recoup money it has paid out on your claim from a third party responsible for your accident. To help you understand the topic, the Kansas car accident lawyers at Patterson Legal Group give you information on how subrogation works and how it could impact your claim.
How Does Subrogation Work?
Suppose you’re involved in a car accident and it’s not your fault. Let’s say your car gets damaged and you make an insurance claim. In most cases, the insurance company pays to repair your car. Alternatively, they may subrogate these claims, which means they’ll try to recover money they’ve paid from another driver’s insurance company.
Why Does This Matter in Car Crash Situations?
Subrogation is important on several counts:
- Lower Premiums: Recovery of money through subrogation, once considered by an insurance company, helps a lot in keeping the premiums low for all its policyholders.
- Fairness: In this regard, subrogation ensures that the negligent driver takes full responsibility.
- Smooth Claims Process: Subrogation may make the claims process smoother, as less time and energy will be spent to settle the claims.
How Can I Protect Myself from Subrogation?
There are a couple of things you can do to protect yourself from subrogation:
- Be candid with the insurance company: You should be able to share all the information regarding the accident with your insurance company honestly. If the information you provide is not correct or complete, it may nullify your claim and drop you into a legal mess.
- Cooperate with your insurance company: As said earlier, you will be required to cooperate with your insurance company’s legal staff for whatever the subrogation process may entail. This includes providing information as and when it is requested, as well as showing up at any depositions or court hearings, if needed.
- Seek legal advice: In cases of doubt, dispute, or inquiry with regard to subrogation, it is always advisable to seek the services of an attorney. They can advise you about your rights and responsibilities and help protect your interests in case a dispute arises.
Contact a Top Kansas Personal Injury Attorney Near Me
Here at Patterson Legal Group, we’re proud to give people the information they need on subrogation, and we’re here for you if you’re facing subrogation following a car wreck. Our dedicated team of trial lawyers has a proven track record of success in securing settlements for those hurt in accidents in Kansas, Missouri, and Oklahoma. We will fight for you and your child every step of the way.
Get started today with a free consultation by giving us a call at (888) 687-2400 or filling out an encrypted contact form. You can also connect with our LiveChat representatives. We work under a “no win, no fee” promise, so you won’t pay anything unless we win. Reach out today to begin your free, no obligation consultation.
