What is subrogation?

Question

What is subrogation?

Answer 1

"The substitution of one person for another, especially the legal doctrine of substituting one creditor for another."

Answer 2

Subrogation is the process where an insurance company that paid a claim files a subsequent claim against somebody (sometimes another insurer) that is at fault in the original claim.

Answer 3

Subrogation is best known as a concept of insurance law. It can be applied outside the law of insurance, although the general laws against maintenance and champerty would otherwise prevent such an arrangement. When an insurer is required to pay a claimant a sum of money, it is almost always allowed to sue in the name of the claimant against any person who was responsible for the loss. This concept allows an insurance company to sue on behalf of its insured if it is required to pay the insured for a loss caused by another person.

Answer 4

subrogation

The right of a person to assume a legal claim of another; the right of a person who has paid a liability or obligation of another to be indemnified by that person; an insurer's substitution in place of the insured in regard to a claim against a third party for indemnification of a loss paid by the insurer.

Answer 5

subrogation is when the insurance company goes after the responsible party after a claim payment has been made to their insured.

Answer 6

The substitution of one person for another, especially the legal doctrine of substituting one creditor for another.

Answer 7

to substitute (one person) for another; esp., to subtitute (one creditor) for another