Sue’s office building was damaged by a fire caused by a careless tenant. After paying Sue for the loss, the insurance company sued the tenant to recover its loss. This suit is based on the principle of

Insurance

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Sue’s office building was damaged by a fire caused by a careless tenant. After paying Sue for the loss, the insurance company sued the tenant to recover its loss. This suit is based on the principle of

Options

A) warranty.
B) insurable interest.
C) utmost good faith.
D) subrogation.

Answer: D) subrogation.

The above question Sue’s office building was damaged by a fire caused by a careless tenant. After paying Sue for the loss, the insurance company sued the tenant to recover its loss. This suit is based on the principle of, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.