The contract insurance article includes a waiver of subrogation for covered property losses. What does that waiver generally limit?
Correct Answer
D) Insurer recovery claims against parties protected by the waiver
A waiver of subrogation generally limits an insurer's ability to pursue recovery from parties protected by the waiver for covered losses. Other choices concern submittals, bidding, or inspection rights.
Why This Is the Correct Answer
A waiver of subrogation generally limits an insurer's ability to pursue recovery from parties protected by the waiver for covered losses. Other choices concern submittals, bidding, or inspection rights.
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