Ask Regina

Q. Our insured is having a house built and the contract with the builder is requiring a waiver reginaof subrogation on the home for any damage and for liability after the home is completed and closed so it would fall under the homeowner policy.  Is that possible?

A. Yes, both the TDI and ISO homeowners have a subrogation condition that applies to property and liability.  It states that an insured may waive in writing before a loss all rights of recovery against any person. So the insured may waive his or her right of recovery in writing prior to any loss.

Got questions? Regina Has Answers.

IIAT Technical Specialist Regina Anderson is your lifeline when it comes to all insurance-related questions. Regina has more than 43 years of insurance industry experience and has been answering IIAT agents’ regulatory and technical questions for 31 of those years. Don’t get stumped. Ask Regina. Call her (Mon. – Fri., 7:30 a.m. – 4 p.m.) at 800.880.7428 or e-mail rande@iiat.org.

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