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Simple English definitions for legal terms

risk-stops-here rule

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A quick definition of risk-stops-here rule:

The risk-stops-here rule is a principle in insurance that says an insurer cannot recover from someone whose rights are equal or better than theirs. This means that if someone else's actions are not worse than the insured's, the insurer cannot seek compensation from them. The rule also states that an insurer can only use subrogation against someone whose actions are worse than the insured's.

A more thorough explanation:

The risk-stops-here rule is a principle in insurance that states an insurer cannot recover from anyone whose equities are equal or superior to the insurer's. This means that if someone else's rights or interests are just as important as the insurer's, the insurer cannot take legal action against them to recover any losses.

For example, let's say a person's car is damaged in an accident caused by another driver. The person's insurance company pays for the repairs and then seeks to recover the costs from the other driver's insurance company through subrogation. However, if the other driver's insurance company can prove that their client was not at fault or that their client's rights are equal or superior to the person's insurance company, the risk-stops-here rule would prevent the person's insurance company from recovering any costs.

The risk-stops-here rule is based on the doctrine of superior equities, which means that the rights of one party cannot be superior to the rights of another party. This principle ensures that all parties are treated fairly and that no one is unfairly disadvantaged.

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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