Subrogation
TL;DR
Subrogation is the insurer's right, after paying a claim, to step into the policyholder's shoes and recover the amount from the party responsible for the loss.
Details
Subrogation prevents double recovery and shifts the cost back to the at-fault party. Policies often describe the insurer's recourse rights and any cases where recourse against the insured is possible (for example after an excluded circumstance).
Related
Sources
- General principles of insurance and tort law.