What is subrogation and what does it mean for my South Dakota personal injury claim?

 

The potential value of your case depends on many different factors. There is no minimum or maximum settlement amount that you can recover in a court verdict.

Instead, the value of your personal injury claim depends on many factors, including the extent of your injuries, the amount of economic damages (such as lost wages and medical bills), and the amount of time the injury is expected to last.

Additionally, the amount of your settlement or verdict that you take home is dependent on whether there are any insurance companies, assistance programs, or others who have paid some of your accident-related bills and who have a legal right to compensation.

Sometimes the medical bills that you have as a result of your accident are paid through your health insurance, auto insurance, or a medical assistance program such as Medicare. It makes sense for these insurance companies or assistance programs to cover your costs so that you can get medical care as soon as possible.

However, when you receive a settlement or a court verdict in your personal injury case then the insurance company or the assistance program is going to want to be repaid - this is called subrogation.