Waiver of Subrogation (WOS)
An agreement that your insurer will not try to recover what it paid from the other party named in the contract.
What it means for your firm
Owners and contractors often require it. It is added by endorsement, and it should match what the contract actually asks for.
Articles that explain it
Waiver of Subrogation on Workers’ Comp: Why Some States Say No, and Why the Certificate Box Is Not Enough Your Lease Requires Additional Insured, Primary Non-Contributory and Waiver of Subrogation. Where Do You Find Them on Your Policy? Insurance for Machine Control Modeling Firms: When Your File Tells the Machine Where to Dig The Insurance Section of Your Contract, in Plain English My Client Wants to Be Additional Insured on My E&O. Can They? A Client Wants a $1 Million Umbrella by Tomorrow: Adding Limits in the Middle of a Project
General definition for education only. It is not an interpretation of any policy or contract, and it is not legal advice. The wording of your own policy and contract controls. Policies and definitions vary by insurance company.
Talk to a specialist
Tell Us About Your Firm. We’ll Tell You What We See.
Starting out or renewing, with a policy in hand or not. If something is worth discussing, we’ll call. If not, we’ll say so.