Definition

The process where your insurance company, after paying your claim, seeks reimbursement from the at-fault driver's insurer. It can also mean your health insurer wants to be repaid from your settlement.

Real-World MVA Example

Your health insurer paid $50,000 for your accident surgeries. When you settle with the at-fault driver for $200,000, your health insurer exercises subrogation rights to recoup their $50,000.

Related Terms in Insurance & Claims

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