What is subrogation?

Subrogation is a legal concept used in Delaware accident law. It is the process of one party taking over the rights of another party to collect damages. In accident law, subrogation may occur when one party pays for damages caused by another party. For example, if one driver causes a car accident and the other driver’s insurance company pays for the damages, subrogation may occur. The insurance company may then have the right to seek reimbursement from the driver that caused the accident for the amount that insurance company paid. This process is known as subrogation. Through subrogation, the insurance company can recover the money it paid out. This helps protect its interests and can make it easier to compensate those who were injured in the accident. In Delaware, there are certain rules and laws that govern subrogation. For example, in most cases, the right to subrogate must be expressly stated in the insurance policy or a contract. In addition, the party paying for damages must have paid before they can exercise their right to subrogate. Overall, subrogation is an important legal concept in Delaware accident law. It can help ensure that damages are fairly compensated and that those responsible for injuries are held accountable.

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What is subrogation?

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