1. Insurance Terms & Definitions/
  2. Insurance Terms Starting With W

Waiver of Subrogation

What is a Waiver of Subrogation?

A waiver of subrogation is an agreement by an insurer that they will not seek reimbursement from another party after it has already paid out a loss.

Waiver of Subrogation in More Detail

When a carrier issues a Waiver of Subrogation it means that they refuse to go after a specific third party to recoup a loss that they have already paid out on behalf of the insured, even if that third party might be liable. This would be requested by a person or organization who has some kind of business connection with the insured party (e.g. a landlord, business partner, or lender). Typically it accompanies an Additional Insured request.