What is a waiver of subrogation in general liability insurance?

It's an agreement where your insurer waives the right to seek reimbursement from a third party responsible for a loss.

A waiver of subrogation prevents the insurer from seeking reimbursement from a third party responsible for a loss. Adding this waiver may be required in contracts with clients or partners.

A subcontractor agrees to a waiver of subrogation in a contract with a general contractor, preventing their insurer from pursuing claims against the contractor.

Understand the terms of waivers of subrogation and include them in contracts only when necessary to avoid limiting your insurer’s rights.