Insurance subrogation expert witnesses are experienced with numerous financial and insurance areas, as subrogation refers to a situation in which a third party makes a debt payment that is owed between two other parties, which would be paid back at a later date in time. Subrogation expert consulting may be utilized for cases related to insurance polices, claims management, accounting, construction costs, real property transactions, business valuation, and other financial matters, each of which may be relevant to a subrogation lawsuit.
Because subrogation is often carried out for insurance policies, subrogation expert witnesses often have experience with casualty insurance, workers compensations, bad faith, automotive insurance, real property claims, title insurance, construction claims, liability claims, and other forms of coverage. Subrogation expert witnesses are also often experienced with accounting and such financial issues as taxation, wage loss, bonds, valuation, and other such matters. Since subrogation consists of an agreement between numerous parties, litigation may result from a breach of contract regarding a subrogation transaction.
Subrogation expert witnesses are often experienced with using the practice as a form of dispute resolution. For example, in the event of an automobile accident, an insurance company may pay claims made on behalf of one or more drivers based on the cause and responsibility of those involved with the incident. The appropriate parties will then fulfill these payments at a later date as part of the insurance policy.
If you’ve been searching for an authoritative subrogation expert witness, ForensisGroup has you covered. Call our office today, or fill out and Submit An Expert Request Form to retain a highly qualified expert for your specific case.