General Questions: Glossary

General

• SUBROGATION – Explained

  Subrogation is an essential and important feature of nearly every type of insurance policy. It helps lower insurance premiums and provides legal help for policyholders to recover deductibles and coinsurance while the insurance company recovers claim costs and expenses from a negligent responsible party.

• GLOSSARY - Insurance Terms A-Z
• Actual Cash Value (ACV)