What is an insurance subrogation?

Insurance subrogation is a legal process where an insurance company stands in the place of its insured customer - the subrogor - to recover any damages from a third party that the insured customer has been compensated for by the insurer. Subrogation allows an insurance company to pursue damages on behalf of its customer, while also keeping the customer from having to go through the effort of filing a lawsuit. In Washington, subrogation is a legal right given to insurers in the statute. When an insurance company pursues a claim through subrogation, it is attempting to obtain reimbursement for the money that it paid to its customer to cover an accident or injury. In this process, the insurance company is acting as a substitute for its customer, thus taking on the rights and responsibilities that the customer would have. This means that the insurance company has the right to sue, and can also recover the same type of damages that the customer could have obtained by going to court. Insurance subrogation is an important tool for insurance companies to recoup any losses they have experienced due to claims made by their customers. While it is a legal process, it should be noted that subrogation is not always successful, as it depends on the amount of damages that the insurer is able to recover from the third-party, as well as the laws that apply in the state of Washington.

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What is an insurance subrogation?

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