Insurance term
Waiver of Subrogation
A policy provision, often required by contract, in which your insurer gives up its right to recover money from a specific other party after paying a claim. It is common in commercial and construction contracts.
Example
A property owner may require a contractor’s policy to include a waiver of subrogation in their favor.
Related coverage
General Liability Insurance
Shield your business from third-party claims and lawsuits.
Related terms
Comparisons to help you decide
Ready to protect what matters?
Get a free, no-obligation quote. Our bilingual agents compare 30+ carriers to find you the best coverage at the best price.