Insurance Lesson

Subrogation

When a loss is caused by some other party who is responsible, a loss can still be paid by your insurance carrier for swiftness. They then submit for reimbursement for the losses paid from the liable parties’ insurance carrier.

Lesson Script

What This Video Covers

When a loss is caused by some other party who is responsible, a loss can still be paid by your insurance carrier for swiftness. They then submit for reimbursement for the losses paid from the liable parties’ insurance carrier.
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Liquor Liability Exclusion

A liquor liability exclusion removes coverage for certain alcohol-related claims, especially for businesses selling or serving alcohol.