Subrogation right of the insured company

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Hello, I'm glad to answer your question. I am a major in the insurance department. The principle of subrogation refers to the presumption of total loss of the subject matter insured due to an insured accident or the loss of the subject matter insured due to the liability of a third party in property insurance. After performing the liability for compensation according to the contract, the insurer shall obtain the right of recourse from the third party responsible for the loss or ownership of the subject matter insured according to law.

The principle of insurance subrogation only applies to property insurance contracts. In a property insurance contract, the insurer shall not exercise the right of subrogation against the family members or members of the insured, unless the family members or members of the insured intentionally cause an insured accident.