Modified Waiver of Transfer of Rights of Recovery Against Others to Us (Waiver of Subrogation)
Some client contracts or landlord lease agreements require your Commercial General Liability insurance to include a waiver of subrogation. If your contract or lease agreement requires this coverage modification, you can include it on your policy for an additional fee.
This endorsement allows you to waive your rights against another party so long as you do so in writing prior to:
- An offense arising out of your business that caused a “personal and advertising injury” or an "occurrence" that caused "bodily injury" or "property damage".