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What is subrogation, and how does it work?

Subrogation, by definition, is the transfer of one person’s lawful claim, demand or right to another person or company. If your insurance company pays you for a covered loss that was ultimately someone else’s fault (such as a manufacturer), then your insurance company can seek reimbursement from that third party.

Our video explains in greater detail how subrogation could affect you.

 

For additional videos, please visit our Video Library
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