👉 Subsurety, also known as "subrogation" or "subrogation liability," is a legal concept in which an insurer has insurance coverage that covers its obligations under a contract with another party. This means that when one party is injured or suffers damage due to the actions of another party, the insurer can be held responsible for paying any damages that the other party may have suffered. In essence, it allows the injured party to recover their losses from both the party who caused the injury and
