What is insurance subrogation?

Answer Insurance companies retain the right to pursue third parties for reimbursement of claims they have paid to and on behalf of their insureds. The right to recovery from third parties is known as sub... Read More »

Top Q&A For: What is insurance subrogation

What Is Insurance Waiver of Subrogation?

Subrogation is a transfer of the right to pursue recovery from a third party for damages. In insurance, this right is typically transferred from you to your insurance company by contractual languag... Read More »

What does subrogation mean in the auto insurance business?

When an insurance company pays a not-at-fault claim for their insured, their policy language may allow them to stand in the place of the insured and pursue recovery through a process known as subro... Read More »

What should you do when subrogation claim against me and no renters insurance?

Can a tenat waive subrogation in its liability policy in new york without out first getting the consent of his insurance company?

The short answer is NO, I doubt that they could, it is not their right to waive.