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What is a waiver of subrogation and how does it work
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http://stonecrestinsurance.com/ • If we want to understand what a waiver of subrogation does, we first have to know what sobrogation is. Subrogation is when an insurance company has paid a claim that was caused by a third party and the insurance company attempts to get reimbursement from that third party's insurance company. • A waiver of subrogation is simply an endorsement that prevents the insurance company from subrogating or attempting to get a reimbursement from that third party's insurance company. • In this video I will explain what a waiver of subrogation is and how it works. • Click on the link above to visit our website and learn more. • ACTION: If this video answered your question or you found any value in it, please consider clicking the LIKE button above. • Thank you!
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