Subrogation is a term describing a legal right held by most insurance carriers to legally pursue a third party that caused an insurance loss to the insured. This is done in order to recover the amount of the claim paid by the insurance carrier to the insured for the loss.
When an insurance company pursues a third party for damages, it is said to “step into the shoes of the policyholder,” and thus will have the same rights and legal standing as the policyholder when seeking compensation for losses. If the insured party does not have the legal standing to sue the third party, the insurer will also be unable to pursue a lawsuit as a result.
How We Can Help
At Christensen Law, we focus on maximizing our clients’ subrogation recovery efforts efficiently and quickly. Our goal is to partner with our clients and establish subrogation procedures and protocols that directly lead to outstanding results. Our attorneys are well-versed in providing subrogation services to the insurance companies and businesses we represent. We recognize the importance of recovery and loss shifting and are a constant advocate for our clients’ interests, in and out of the courtroom.
RESULTS ORIENTED, CLIENT DRIVEN
Christensen Law is a result-oriented law firm offering a full range of legal services to insurance companies, self-insured organizations, businesses, non-profits and individuals operating in Oklahoma and throughout the nation.
Contact us to schedule a free, no-obligation consultation!