What is a Non-Waiver Agreement?

A signed agreement in which the policyholder agrees to and understands that the continued processing to the claim in question will not be construed as an admission of liability by the insurance company.  This agreement is commonly used when questions arise as to the amount of the claim or whether the insurance policy covers the claim whatsoever.  Non-waiver agreements are typically executed when auto, motorcycle, boat or truck theft claims are involved.