Subrogation Recovery

LEIB offers a full range of subrogation recovery. Subrogation is one of the more complex commercial collections LEIB specializes in. Subrogation commonly refers to instances in which an insurance company tries to recoup cost for a claim it paid out when another party was responsible for paying at least a portion of that claim. For example,if an uninsured party was involved and responsible for some type of accident, the insurance carrier would cover the damage to their insured and then attempt to collect from the uninsured party. 

The insurance carrier may attempt to collect on the subrogation claim themselves and if unsuccessful,contact LEIB or utilize LEIB from the start, but either way our extensive background in insurance and knowledge of insurance related issues, including subrogation recovery and claims, is very helpful in resolving these insurance subrogation issues.

Our subrogation recovery experts have earned their Certified Insurance Service Representative (CISR) designation through the appropriate classes and testing. As CISR , they are experts and have comprehensive research skills, persistent follow up methods, as well as dispute resolution abilities.

LEIB's success in subrogation recovery is in first analyzing the information provided through police reports, photos from accident and other pertinent information to determine who is legally liable. Our research and investigation techniques are used to locate any other necessary information to support and move forward to facilitate a subrogation claim.

We work along with insurance carriers or uninsured motorist to research a successful conclusion. Our exceptional skills allow us to professionally communicate with agents,carriers,as well as uninsured's to help acquire any and all information to support subrogation claim. Our research leaves no stone unturned.

Subrogation recovery requires patience along with the ability to negotiate in the best interest of both parties to the conclusion. LEIB finds it challenging and rewarding to achieve success for our clients with these sometimes difficult subrogation claims.

In cases where the party at fault is covered by insurance , your insurance company , during the course of resolving the subrogation claim, will seek reimbursement from that insurance company since its insured was at fault for the accident. LEIB, who specializes in subrogation recovery , would be involved to assist in the subrogation collection.

LEIB also specializes in transportation subrogation claims. Our subrogation recovery collectors excel at collecting on freight bills for truck load carriers, LTL carriers, air freight forwarders and moving and storage firms. Related to collecting normal freight bills, LEIB focuses on subrogation collections for demurrage , equipment charges and storage fees.

What is Subrogation ?

Subrogation refers to an insurance company seeking reimbursement from the person or entity legally responsible for an accident after the insurer has paid out money on behalf of its insured. This could include property damage, transportation losses, deductible amounts and other types of subrogation claims.

How Subrogation Works

The general rule for subrogation is, after paying your claim, your insurer is subrogated to the rights of your policy and can step into your shoes to pursue or sue the negligent party on your behalf. Again,insurance carriers and individual clients would hire LEIB to assist in this subrogation recovery matter.

Subrogation can also apply when your insurer settles your collision claim for damage to your vehicle due to another driver's negligence. Generally, the insurance carrier will request a signature on a subrogation release, assigning your right to recover to them against the person responsible for damages or loss. Subrogation usually occurs after the original claim is settled.

 Please contact us with any of your subrogation needs.