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A subrogation letter is a formal notice sent by an insurance company or other entity that has paid for your medical expenses or other damages related to an accident before you settled or won in court.
What is the proof of subrogation?
This treatment is often paid for by your insurance company. Subrogation is a legal term that simply means that your insurance company can recover the money it paid to you for your injury but can collect it from the at-fault party that caused your injury.
Why is my insurance sending me a subrogation letter?
Subrogation occurs when an insurance company seeks reimbursement from a third party after paying a claim. If you owe money related to a claim, communicate promptly with the subrogation department. Review all documents carefully, keep records of correspondence, and understand your policy terms.
What is a subrogation receipt?
Whats a subrogation receipt? Its a document providing evidence that your assureds claim has been settled. By signing it, the insured will release all subrogation rights to you.
by MJ Cappucio 1966 Cited by 6 As a general rule, no decree of subrogation to the rights of a credi- tor will be granted until the creditors claim against the principal debtor has been paid
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