What is a waiver of subrogation?

A waiver of subrogation is a legal document that typically occurs in the context of insurance claims in Washington. In a nutshell, it is a written agreement in which one party agrees not to pursue a legal claim against another party for any losses, damages, or injuries that the first party has suffered. This is usually done in exchange for an agreement that both parties will cover any costs related to the claim. The purpose of the waiver is to ensure that the parties involved in the agreement will not have to argue over who is responsible for covering the costs of the claim. By signing the waiver, the two parties agree to forgo their right of subrogation, the right to seek reimbursement from the other party for losses suffered. In short, a waiver of subrogation prevents either party from pursuing claims against the other in a court of law. This is beneficial to both parties, as it can help to avoid lengthy and costly court battles. In Washington, a waiver of subrogation may be a part of an insurance policy or an agreement between two or more parties. It is important to remember that the waiver is not a replacement for an insurance policy and does not protect against any losses that may occur from the claim. It simply prevents the parties involved from pursuing legal action related to the claim, which can help to avoid costly court battles.

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What is a waiver of subrogation?

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