The Utah Supreme Court case Speros v. Fricke is a good example of subrogation.A person can be substituted in place of another so as to have all rights and obligations pertaining to a lawful claim, demand, or right against a third party. If your insurance policy allows it, your private health insurer can seek repayment from your personal injury settlement. The literal meaning of subrogation is when one party stands in the place of another party. For example, if the policy's subrogation clause calls for an assignment, the insurer must procure the assignment from the insured to proceed. Guarantor shall be subrogated to the rights of Buyer against Seller and Parent and in any collateral for any Obligations with respect to such payment. For example, a fire loss may result in a Four Hundred. Subrogation Example. Here's an example of when subrogation would occur: Let's say you're pulling out of a parking spot and you get rear-ended.
