Waiver of Subrogation in Construction: What It Is and How to Verify It
What a waiver of subrogation is, why owners and GCs require it, which policies need one, and how to verify it on the COI and the endorsement.
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CG 24 04 Waiver of Subrogation Endorsement Explained
Nyasha Gutsa Cofounder, Billy 7 minute read Quick answer CG 24 04 is the ISO commercial general liability endorsement titled Waiver of Transfer of Rights of Recovery Against Others to Us. When a subcontractor’s insurer attaches it, the insurer gives up its right to recover a paid claim from the person or organization named…
