Document background
A Waiver of Subrogation Form is commonly used in commercial relationships where parties wish to minimize disputes over liability and insurance claims. This document is particularly important in construction, real estate, and professional service contexts where multiple parties work together and share risks. The waiver prevents an insurer from pursuing subrogation rights against specified parties, typically in exchange for business relationships or contractual arrangements. In the United States, these forms must comply with both federal and state-specific insurance regulations, and often require careful drafting to ensure enforceability across different jurisdictions.
