Because it is anticipated that your homeowners insurance or other applicable insurance may cover the costs of repairing or restoring your property, any such insurance carrier may be entitled under the law to pursue any third party that caused an insurance loss to their insured. This is done in order to recover the amount of the claim paid by the insurance carrier.  Therefore, you are on notice that any settlement or judgment in your favor for damages will most likely be passed on to the insurance carrier as a remittance to them due to their legal right to collect a debt or damages incurred by their insured.  

If you did not use a homeowners insurance carrier to assist you, then any settlement funds or judgment funds that are collected by the Company shall be yours.