Fusco & Orsini Insurance Services

What is Waiver of Subrogation?

“Subrogation” means that your insurer is trying to recoup costs they already paid, for example, if your workers comp insurance pays for your broken leg that was caused by another company’s employee. Naturally, your insurance company would want to be reimbursed since neither you nor your company caused the accident. If you’ve waived subrogation, that means your insurance company can’t recoup that money. As the injured party, you could be negatively affected by waiver of subrogation because your premiums (the amount you pay monthly, quarterly, or annually for your insurance) might increase, if your insurance company pays the claim and is not reimbursed.

Michael is the author of this solution article.

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