Signing up for car insurance and not sure if it's worth it to pay a premium to waive subrogation? Or maybe you've been in an accident and the other person has offered to settle with you if you sign a waiver of subrogation—should you do it? What is subrogation, really?
Before you decide, you'll need to understand what subrogation is and why you would (or wouldn't) want to waive it. In this guide, we define subrogation and explain when and why it occurs to help you make an informed decision.