What is subrogation?

Subrogation is a legal process in North Carolina that allows an injured party to recover damages from a third party that is responsible for the accident. For example, if an individual is injured in a car accident due to the negligence of another driver, the injured party can seek damages from the other driver’s insurance company. This is known as subrogation. The injured party is essentially “substituting” the insurance company’s resources for their own in order to receive compensation for their injuries. The insurance company is responsible for “subrogating” the injured party’s claim and seeking restitution from the at-fault party. In North Carolina, this is known as “third-party subrogation.” The process allows an injured party to use the other driver’s insurance policy to obtain fair and just compensation for their damages, while removing the financial burden from the injured party. Subrogation is a great tool for accident victims to use in order to seek justice and receive fair compensation for their injuries.

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What is subrogation?

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