Subrogation

Definition

Subrogation refers to an important aspect of an insurance policy.

Why It Matters

Understanding Subrogation helps you make informed decisions about your insurance coverage and potential costs.

Local Relevance

This term can impact a variety of policies; coastal conditions in galveston, tx, often influence its implications.

Example

For example, if you experience a covered loss, knowing how subrogation applies can make filing a claim easier.