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Keeping It Real Estate News and Trends in UK Real Estate, Disputes and Planning Law

Tag Archives: subrogation

Posted in Real Estate News

Whose shoes? What subrogation means and why it matters

Subrogation is a well-known principle of insurance law, which also affects real estate. It means that an insurer who has settled a claim may then “step into the shoes” of the insured and try to recover what it has paid from anyone who has contributed towards, or caused, the loss. In real estate, landlords’ insurers