Waivers of Subrogation – Part 2 (It’s Free and Easy)

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Last time, I tried to lay out my understanding about “What is a Waiver of Subrogation Waiver Anyway?” When I concluded that rant, I promised to explain why I think it is easy to have such a Waiver of Subrogation provision in a property insurance policy and that it is “free” and you don’t even have to ask for it. If I am right about that, then the release of claims provisions and the Waiver of Subrogation provision should be relegated to the status of “boilerplate” or nearly so. [Read more…]

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