Comments on: can an insurance company charge who is responsible for destroyed property?

By: MSAD

MSAD — Fri, 20 Nov 2009 21:01:59 +0000

Yes.

It’s called Subrogation.

When the insurance company paid the property owner (their insured) the insurance took over the right to recover payment from the at negligent party who caused the damage.
References :
Insurance Adjuster 12 years

By: Jonathan S. Carroll, ASLI

Jonathan S. Carroll, ASLI — Fri, 20 Nov 2009 20:35:59 +0000

Absolutely. What you are describing is called subrogation & is very common.
References :
Im a licensed broker.

By: mbrcatz

mbrcatz — Fri, 20 Nov 2009 20:07:59 +0000

Yes, they can AND DO go after the guy who caused the damage. They have staff attorneys for this.
References :

By: Margarita D

Margarita D — Fri, 20 Nov 2009 19:33:59 +0000

Absolutely they not only can but are required to. It is called subrogation. The insurance company will collect not only what they paid out but also attempt to recover the insured’s deductible which will be returned to them if the insurance company is successful. Just because something is covered by insurance should not mean that someone who caused the damage through their negligence should be given a free pass!

I hope this answers your question. Good Luck!
References :
Certified Insurance Counselor, Licensed Insurance Agent & Broker for over 29 years.