3410 Industrial Blvd., Suite 100
West Sacramento, CA 95691
(916) 376-0486
(916) 376-0478 Fax
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The Cole Law Firm

Subrogation Law Since 1972

The Cole Law Firm

3410 Industrial Blvd., Suite 100
West Sacramento, CA 95691
(916) 376-0486
(916) 376-0478 Fax
This email address is being protected from spambots. You need JavaScript enabled to view it.

Subrogation Law Since 1972

With rental property, your assured may have a written contract with a management company. The contract will spell out the management company’s responsibility. The contract could very well have a clause in which the management company obligates itself to screen the tenants, rent to only insured tenants, regularly inspect the property, and otherwise take on most of the obligations of an owner.

The property management firm may have been added as an additional assured under the landlord’s policy, so be sure to examine the landlord’s contract with the property management company.

In addition, the assured may have had discussions with the management firm, and there may be correspondence between them.

Thus, when a tenant causes damage, either by negligence or by vandalizing the property, the management company may be a target for your subrogation efforts.  (21284).

Finally, the management will have records on what repairs were made, and what new products were installed, and who installed them, on the assured's property. There may be subro targets among them!

Now, gentlemen, we have tried spending money. We are spending more than we have ever spent before and it does not work...I say after eight years of this administration we have just as much unemployment as when we started...and an enormous debt, to boot.
- Henry Morgenthau testimony before the House Ways and Means Committee, April, 1939.

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