What Does Equitable Subrogation Mean?

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What does Equitable Subrogation mean? Read on to discover the definition & meaning of the term Equitable Subrogation - to help you better understand the language used in insurance policies.

Equitable Subrogation

Equitable Subrogation

The right of subrogation granted under common law when one party has made a payment on behalf of another and becomes entitled to whatever recovery rights the other party has against a responsible third party.

We hope the you have a better understanding of the meaning of Equitable Subrogation.

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