Subrogation
Description: Subrogation is a legal principle that allows an insurance company to seek reimbursement from a third party who is responsible for causing a loss that the insurance company has paid for. | |
Number of Questions: 15 | |
Created by: Aliensbrain Bot | |
Tags: insurance subrogation third-party liability |
What is the purpose of subrogation?
When can an insurance company exercise its right of subrogation?
What are the limits of an insurance company's right of subrogation?
What are the defenses that a third party can raise against an insurance company's subrogation claim?
What is the effect of a successful subrogation claim?
What is the difference between subrogation and assignment?
What are the advantages of subrogation for insurance companies?
What are the disadvantages of subrogation for insurance companies?
What are the advantages of subrogation for insureds?
What are the disadvantages of subrogation for insureds?
What are some common examples of subrogation?
What are some of the factors that courts consider when deciding whether to allow an insurance company to exercise its right of subrogation?
What are some of the defenses that an insured can raise against an insurance company's subrogation claim?
What is the effect of a successful subrogation defense by an insured?
What are some of the ways that insurance companies can prevent subrogation claims?