Understanding What is Subrogation in Insurance: What You Need to Know

Subrogation is a legal right held by most insurance carriers to pursue a third party that caused an insurance loss to the insured. It allows the insurance company to recover the amount of the claim paid to the insured for the loss. Typically, the insurance company pays the insured’s claim for losses directly and then seeks reimbursement from the at-fault party or their insurance company. Subrogation is most common in auto insurance, but it also occurs in property/casualty and healthcare policies. The process of subrogation is generally passive for the insured, and it benefits the insured by helping to keep

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