What Is Property Subrogation?
Most of our insurance company clients write policies that contain subrogation clauses. Those allow carriers to pay claims, but then take legal action against an at fault third party. A common scenario: an insurance company client pays a claim for $100,000 in damages to an insured business owner for losses caused by an improperly installed or defective product that causes a fire. Under a subrogation clause, as well as legal principles of equity, insurers can sue the negligent installer or manufacturer to recover the amounts paid to their insured.
Falls Law Firm PLLC’s Property Subrogation and Recovery team regularly represents clients involved with all sorts of property loss cases, many of which are extremely complex. Our firm handles both commercial and personal lines cases of all sizes. We routinely represent clients on high profile large dollar losses, but we also handle mid-level and arbitration level losses.
A unique feature of our practice is our “initial involvement” expertise. Our team prides itself in being available 24/7 immediately after our clients learn of a new loss, but before a determination can be made about recovery potential. We have a large database of experts and consultants to recommend for all type losses. These experts are technically proficient and also excel at articulating their findings and opinions through deposition or trial testimony if the case proceeds to litigation.
We recognize that in many instances our clients’ objectives are best served by avoiding costly and protracted litigation. With that in mind, a client’s unique goals guide our legal advice, not a misguided desire to simply “win” every dispute. Prompt recognition of, and action on, matters with subrogation potential are absolute prerequisites to securing a significant recovery of each insurer’s claim dollars.
Our lawyers quickly and efficiently help our clients gather the information necessary to secure their right to recovery in those critical days following a significant loss or claim. For those cases where litigation is required, we pride ourselves on aggressive, yet effective, representation. We stand ready to provide the necessary guidance, expertise and judgment on every case, including coordinating with insurance claims personnel, experts and other consultants in order to achieve the best possible result for our clients.