The Subrogation Clause of a property insurance policy gives the insurer the right to:

Insurance

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The Subrogation Clause of a property insurance policy gives the insurer the right to:

a. pursue collection from a third party that was liable for a claim which the insurer paid.

b. select an independent appraiser to settle a claim dispute with a policy holder.

c. determine whether a claim will be settled on a market-value or replacement cost basis.

d. transfer the policy to another insurer.

Answer: A

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