Subrogation Insurance Meaning

The term is rarely defined in either an insurance policy or the underlying contract that imposes such an obligation. A Search for Meaning.


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As context is significant it.

Subrogation insurance meaning. This is an article on the societal benefits of subrogation that covers the origins and purpose of subrogation defines and explains the three types of subrogation and how each comes into play how subrogation helps lower insurance premiums reduces the number of lawsuits for insurers and its effect on the Experience Modification Factor. The purpose of this article is to try to move toward a more common understanding of primary and noncontributory. And there does not appear to be any well-settled understanding of the phrase.


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