Rhode Island § 27-8-12 § 27-8-12. Subrogation — Payment to insured of deductible.

Rhode Island Statutes

§ 27-8-12 — § 27-8-12. Subrogation — Payment to insured of deductible.

Rhode Island § 27-8-12

Title 27Insurance

Ch. 27-8Casualty Insurance Generally

This text of Rhode Island § 27-8-12 (§ 27-8-12. Subrogation — Payment to insured of deductible.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 27-8-12 (2026).

Text

§ 27-8-12. Subrogation — Payment to insured of deductible.
Whenever, through subrogation, an insurance company or its agent collects a casualty
            loss from a third party, that company or agent shall, from the funds collected, first
            pay to the insured the deductible portion of the casualty loss less the prorated share
            of subrogation expenses and only after this retain any funds in excess of the deductible
            portion of the recovery.
         

Free access — add to your briefcase to read the full text and ask questions with AI

§ 27-8-12. Subrogation — Payment to insured of deductible.

Whenever, through subrogation, an insurance company or its agent collects a casualty loss from a third party, that company or agent shall, from the funds collected, first pay to the insured the deductible portion of the casualty loss less the prorated share of subrogation expenses and only after this retain any funds in excess of the deductible portion of the recovery.