A waiver of subrogation is an endorsement in which your insurer gives up its right to recover from a specific third party after paying a claim. Leases and contracts often require it so one party's insurer cannot pursue the other.
How it shows up
It usually requires a specific endorsement and can affect your premium. Whether your policy includes the required waiver should be confirmed against the contract wording.
Contract insurance review → Insurance Before Signing a Commercial Lease →
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