Subrogation Definition and Legal Meaning
On this page, you'll find the legal definition and meaning of Subrogation, written in plain English, along with examples of how it is used.
What is Subrogation?
(n) subrogtion is the act by which the legal rights of clime is transferred to another person or legal entity who can by that subrogation avail all legal remedies the person who transferred such right hold. For example when an insurance company indemnify the loss occurred on a vehicle accident they gets the subrogation of rights of the insurer. If it was decided that the compensation was in excess or the court decided the compensation is not sustainable the insurance company can clime all the benefits which otherwise goes to the insurer