What is the purpose of a non-waiver agreement?

A non-waiver agreement is a document that allows an insurer to investigate a claim while preserving its rights and defenses under the insurance policy. The main purpose is to enable insurers to assess damages and gather evidence without losing their right to dispute the claim later in the process.

By allowing insurers to inspect damages independently or through their own adjusters, this agreement ensures that the insurer can maintain control over the claim management while still gathering the necessary information to make an informed decision about the claim. This is particularly important in cases where there may be questions about coverage or liability, as it allows the insurer to act cautiously without committing to coverage or payment prematurely.

The other available choices do not accurately represent the primary purpose of a non-waiver agreement. For instance, eliminating the need for adjusters is not practical; rather, the agreement facilitates their role in the claims process. Similarly, guaranteeing payment to the claimant or ensuring immediate settlement of the claim does not align with the agreement's intent, as it primarily deals with the rights and responsibilities of the insurer while investigating the claim rather than resolving payment issues outright.