Subrogation – Can an Insurer recover a claim pay-out from a third party
Peter
March 5, 2019
A common issue arises in property claims when a house has been recently re-plumbed and a leak occurs relating to a faulty fitting. Under the policy the insurance company must pay for the damage caused by a leaking pipe fitting. If that faulty fitting was installed in the last 6 years then Insurers have the right to recover the full pay-out from that fitting manufacturer. The policy wording also ensures
