Subrogation Appraisal

14 April, 2016
/ in Blog

What is a Subrogation Appraisal?

Subrogation is a term denoting a legal right that is reserved by most insurance carriers. Subrogation is the right for an insurer to pursue a third party that caused an insurance loss to the insured. This is done as a means of recovering the amount of the claim paid to the insured for the loss. Many times an insurance company will request a subrogation appraisal when there is a complete loss.