Subrogation is a legal principle that focuses on the right of a third party to step into the shoes of the injured party to recover costs they've paid out. Subrogation occurs when one party stands in for another party in a legal claim, usually to claim part of their financial recovery.A waiver of subrogation is an agreement where you waive the right for your insurance company to seek compensation from a negligent third party for their losses. Subrogation rights allow health insurance companies that cover the initial costs of a third-party injury to claim reimbursement from their policyholders. A waiver of subrogation means that an insurance company has a higher chance of paying out losses that it cannot recover itself. However, subrogation cannot be exercised in Georgia until the insured is made whole. No, although the certificate of insurance may state that the policy contains a Blanket. Waiver of Subrogation endorsement. Subrogation can affect you when you receive money in a settlement or a favorable award from a jury for money damages. No. Georgia law does not prohibit an agent or insurer from providing a copy of the policy or endorsements. 4.
