Websubrogation. the substitution of one person or thing for another, in particular the placing of a surety or insurer who has paid a debt in the place of the creditor, entitling him to payment … WebSubrogation allows your insurer to recoup costs (medical payments, repairs, etc.), including your deductible, from the at-fault driver's insurance company, if the accident wasn't your …

Definitions of subrogation - OneLook Dictionary Search

Websubrogation n. assuming the legal rights of a person for whom expenses or a debt has been paid. Typically, an insurance company which pays its insured client for injuries and losses then sues the party which the injured person contends caused the damages to … WebSubrogation Claim means any Claim that any non -Debtor may assert against the Estates based on such party ’s payment of any guaranty claims that would otherwise have been an obligation of the Estates and which were not paid by the Debtors. Sample 1 Sample 2 Sample 3 Based on 7 documents dickey\\u0027s thanksgiving

subrogation in Simplified Chinese - Cambridge Dictionary

WebNov 15, 2024 · What Is Subrogation? Subrogation gives insurance companies the right to seek compensation from the insurer of someone who is at fault for an accident. When a … WebSubrogation is a technical term to describe a situation in which your insurance company steps in to get back money from a third party who caused damages or losses to you or your property. Subrogation: a definition Let’s start from the top. Websubrogation / ( ˌsʌbrəˈɡeɪʃən) / noun law the substitution of one person or thing for another, esp the placing of a surety who has paid the debt in the place of the creditor, entitling him … citizens high yield savings account reviews