Understanding The Use Of Experts In Florida Subrogation Cases

Florida property subrogation is big business. It has the third-most automobiles on the road, behind California and Texas. It has the most condominium units of any state—by a country mile.

According to the Insurance Information Institute, it is second only to California with $37 billion in property and casualty losses each year. It is also second to California in incurred private passenger auto losses at $15 billion annually.

When it comes to homeowners’ property losses, it is—you guessed it—second to California with over $8 billion in losses every year.

As you might imagine, Florida is a property subrogation mecca and understanding how to effectively document, inspect, and preserve subrogation potential in the Sunshine State is indispensable knowledge for any recovery professional.

When a property damage loss occurs, subrogation possibilities should be at the forefront of any insurance professional’s mind.