_____ gives the insurer whatever claim against third parties the insured may have as a result of the loss for which the insurer paid.
A)Demutualization
B)Gentrification
C)Subrogation
D)Estoppel
E)Waiver

Question

Quizplus · Accepted Answer

Subrogation is the process by which an insurance company, after paying a loss to the insured, acquires the insured's right to pursue any claim against third parties who may have caused the loss. This allows the insurer to recover the amount paid to the insured from the party that was actually responsible for the damage.

_____ Gives the Insurer Whatever Claim Against Third Parties the Insured