Subrogation Recovery
According to Black’s Law dictionary, the definition of subrogation is “the principle under which an insurer that has paid a loss under an insurance policy is entitled to all the rights and remedies belonging to the insured against a third party with respect to any loss covered by the policy”.
PERMA has partnered with attorney Katherine Sandoval of Matthiesen Wickert & Lehrer, S.C. for members that need assistance pursuing recovery. Fees for pursuing recoveries are based upon the following structure:
Contingency basis (hourly rates: $200 partners; $175 senior associates; $165 associates)
- 25% – pre-suit (non-litigated)
- 33% – suit filed (litigated)
Hybrid – hourly basis for investigation
- Once the investigation is complete, the hourly amount is credited toward the final contingency
- Assets check
- Restitution notice to district attorney
- Uninsured claims; including suspended California Drivers License
- Promissory note/payment plans
Contact Katherine at ksandoval@mwl-law.com or (800) 637-9176 for more information.
PERMA also provides template letters to assist members that wish to pursue the recovery of damages owed from third parties on their own. See templates on the sidebar.
Members that participate in the property/auto physical damage program should report damage to scheduled property and vehicles. If a third party was responsible for the damage to scheduled property/vehicles, PERMA’s claim team will assist the member in pursing subrogation.