When assessing a subrogation claim, the property owner’s insurer should review the fire department’s policy and any current case law in its jurisdiction. Despite a clever claim, the property owner’s carrier may have a good reason to reject it. This article provides an overview of the process.
First Look
What is a Subrogation Fire Claim? A fire claim can be filed lithuania phone data when a contractor causes a fire and their liability insurance covers it. Liability insurance is part of any home or business policy and can be tricky if the fault is shared. Click the link: insurance for more information about liability insurance.
As part of the investigation, the fire department will look into the “who” and “means” of the fire. Alternatively, the fire department may hire a private investigator to determine the cause of the fire. A successful fire claim is likely to require the insurance company to pay the insured the total amount of the loss minus their costs, and the insurer will seek to recover that amount from the third party. This is where evidence comes in.
A fire claim may result in a lawsuit if the contractor failed to install proper safety features. Alternatively, the insurance company could sue a contractor who failed to install proper wiring. The homeowner’s insurance company could also seek reimbursement. The process of filing a fire claim may be complex.