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Subrogation allows the insurer to recover funds from a responsible third party after paying the insured’s claim. AscendBase highlights this prevents double recovery. AdjusterPro® emphasizes that adjusters must document payment and preserve subrogation rights.

Most states require biennial (every 2 years) license renewal, often with continuing education requirements. AscendBase stresses compliance to maintain licensure. AdjusterPro® highlights that failure to renew results in fines or loss of authority to adjust claims.

Liability Coverage pays for bodily injury or property damage caused to others by the insured. AscendBase emphasizes it is mandatory in most states. AdjusterPro® stresses that adjusters must analyze negligence and liability laws before approving claims.

CGL includes personal and advertising injury coverage, protecting businesses from defamation and advertising-related claims. AscendBase highlights its broad applicability. AdjusterPro® notes that adjusters must confirm whether claims fall under CGL or professional liability.

Collision Coverage pays for damage to the insured’s auto from striking another vehicle or object. AscendBase emphasizes that deductibles apply. AdjusterPro® stresses that adjusters must verify accident details to correctly classify the claim.