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Subrogation
Explanation:
One party assuming the legal rights of another party to collect a debt or damages.
Insurance companies use subrogration to recover funds from another individual or insurer that you or your insurance company have already paid. One common example of this is when your own insurer pays a claim before fault has been determined in an auto accident. Insurance companies also use subrogation when the insurer who pays out for a claim is not the primary source of insurance for that loss.
Learn more about subrogation.