Under Deductible Subrogation Claims for Property Damage
Recovery Help When Your Claim Is Under Your Property Insurance Deductible
Travelers Under Deductible Subrogation service is designed to help commercial property insurance customers pursue reimbursement for damages when the loss falls below their property insurance policy deductible.
What Is Under Deductible Subrogation?
Sometimes a loss you suffer is someone else’s fault. By way of subrogation, Travelers strives to hold the responsible party accountable to pay for the damages. Typically, a subrogation claim for property damage occurs only after a carrier issues a payment. However, if you elect the Under Deductible Service, Travelers can pursue your damages from the responsible party even when the loss is below the policy deductible and no claim payment was issued.
Travelers property subrogation service is especially helpful to policyholders who do not have the time, experience or resources to investigate and pursue a claim against a third-party on their own. Travelers helps manage the process to conclusion.
Who Is This Right For?
Under Deductible Subrogation is available to qualified Commercial Property policyholders with a deductible of $50,000 or greater.
Travelers Claim and Subrogation teams are committed to doing the work to help you recover damages from responsible parties, while you focus on what you do best—running your business.
Key Benefits of Under Deductible Subrogation
- With this service, Travelers can pursue your damages from the responsible party
even when the loss is below the policy deductible. - The service leverages the full strength and expertise of Travelers Claim.
- A decision to move forward is made together after discussing challenges, anticipated
expenses and likely outcomes. - The price is right — no cost to sign-up for the service. A recovery fee is charged only
for a successful subrogation outcome. - Fees are based on a percentage of the recovery plus additional, often minimal,
expenses.
Customer Testimonial
To learn more about Under Deductible Subrogation, contact your Travelers representative or send an email to Subroservices@travelers.com.
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