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.
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.
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