Insurance Solutions

Defining Waiver of Subrogation

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Imagine if contracts and insurance policies were not written by lawyers, we might not be able to use wonderful words like subrogation. This legalese term can be defined as the substitution of one person for another to fight for a right or claim. When looking at subrogation in context of an insurance policy, it states that your carrier has the right to recover any damages that were paid to you, but were the fault of another party.

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