Common use of COLLECTION EXPENSE Clause in Contracts

COLLECTION EXPENSE. If the insured becomes obligated to pay attorney fees to collect damages from another person and those damages include amounts we’ve paid under Part III – Medical Payments, and we’ve been repaid for those benefits out of such recovery, then we’ll pay our fair share of reasonable fees incurred to recover the amount we’ve been repaid. But we won’t pay any attorney fees for amounts recovered or recoverable by us from another insurance company through intercompany arbitration agreements. OUT-OF-STATE COVERAGE We do not increase policy limits or the scope of benefits under Part III – Medical Payments to comply with minimum requirements of any other state or province in which an insured has an accident.

Appears in 2 contracts

Sources: Insurance Agreement, Insurance Agreement