Subrogation: More than $50 Million in recoveries since 2015
The recovery of accident damages from at-fault, third-party drivers is a tedious task. In fact, every year, fleets leave hundreds of millions of dollars on the table. CEI’s loss recovery department works harder to recover those lost dollars from car and truck accident damage. Our highly experienced fleet subrogation professionals are fully trained in the state laws, insurance industry practices, and negotiation to maximize the recovery of accident expenses.
CEI finds recovery potential in 30% of all the claims we handle. On average, we recover 95% of the funds we pursue in less than 60 days. Our fleet subrogation department even recovers from uninsured drivers and for loss of use and diminished value of our clients’ vehicles. Importantly, since CEI only gets paid when we collect, this service more than pays for itself.
Our Loss Recovery and Vehicle Remarketing teams have successfully processed thousands of work truck claims and transactions, too.