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In Business / College | 2025-07-07

The transfer of an insured's right to seek damages from a negligent party to the insurer is found in which of the following clauses?
A. Arbitration
B. Appraisal
C. Subrogation
D. Salvage

Asked by ninetejayven

Answer (2)

The correct answer to the question is 'C. Subrogation', which refers to the insurer's right to pursue damages after paying a claim. This allows the insurance company to recover costs from the negligent party. Subrogation is an important concept in insurance law that helps mitigate losses for insurers. ;

Answered by GinnyAnswer | 2025-07-07

The answer to the question is 'C. Subrogation', which is a legal process allowing insurers to recover costs from negligent parties after compensating insured individuals. This process helps maintain insurance affordability and holds responsible parties accountable. Subrogation is fundamental in the insurance industry for mitigating losses.
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Answered by Anonymous | 2025-07-11

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