Selecting a Collection
Agency in Canada

15 Reasons to Use Priority Credit

Collection Comparisons in Canada vs USA

US Insurance subrogation recovery in Canada requires an experienced Agency capable of providing complete risk mitigation and cash flow systems to enhance a client's bottom line. A US insurer can improve their Canadian subrogation recovery rate by minimizing their dependency on internal and external legal counsel. It is also highly desirable that the Agency has experience in subrogation recovery on both sides of the Canada-US border.

With the current economic times a significant increase in damage claims by uninsured drivers has emerged. These claims are traditionally difficult to collect and the trend is expected to continue until the overall economy in Canada and the US improves. There is a direct correlation between non-insured drivers and their ability to repay a subrogated claim.

In Canada there can be substantial savings for Insurers who utilize a highly professional collection agency. An agency that is licensed, insured, bonded and knows the legal terrain. An agency with seasoned professionals with a sophisticated skill set. Time is money. A negotiated or settled claim is usually far more cost effective than a long drawn out legal case.

Each Insurance subrogation portfolio is different, depending upon the needs of the Insurer. The intricate nature of insurance subrogation claims requires diverse expertise and resources that must be constantly tweaked to maximize recoveries. Expertise in subrogation claim recovery with Canadian and US debtors is one of the most critical considerations when selecting an agency to recover your subrogated claims.

In the case of larger portfolios usually a pilot project is the best place to start. If you have any questions or need more information, don't be afraid to ask. Simply click on the $ and choose your contact option 

In the Northwest Territories neither a collection agency nor a collector shall communicate with a debtor after the debtor has advised the collection agency in writing to communicate only with the debtor in writing and the debtor has provided the agency with an address where the debtor may be contacted. In the Yukon Despite any agreement between a creditor and a debtor, the debtor is not responsible for any expenses incurred by the collection agency or the creditor employing the collection agency. In British Columbia a collection agency is only permitted to contact a BC. Resident at his workplace: a) For the sole purpose of requesting the debtor's home address or home telephone number or both, if the collector does not already have this information b) On one occasion if the collector has been unsuccessful contacting the debtor at his residence or c) The debtor has consented to the collector communicating with him at his workplace