19. If the insurer makes a loss payment to a person who has a right to recover d

ID: 2801994 • Letter: 1

Question

19. If the insurer makes a loss payment to a person who has a right to recover

damages from a negligent third party, the insurer has what legal right against

that third party?

1. A legal right of estoppel.

2. A legal right of salvage.

3. A legal right of subrogation.

4. A legal right of loss mitigation.

20. Which of the following individuals might need the homeowners ordinance or

law - increased amount of coverage endorsement (HO 04 77) to a

homeowners policy?

1. A person who owns a home in an older neighborhood.

2. A person who owns a home in an historical area.

3. A person who owns a home in a recently re-zoned neighborhood.

4. All of the above.

1. A legal right of estoppel.

2. A legal right of salvage.

3. A legal right of subrogation.

4. A legal right of loss mitigation.

Q 19

Option 3 is correct. Subrogation is the right available to an insurer to legally pursue a third party that caused an insurance loss to the insured.

Please raise another question for Q 20 as per Chegg policy.

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