A non-waiver agreement is important because it:

A non-waiver agreement is significant because it explicitly maintains the insurer's rights while an investigation into a claim is conducted. This type of agreement serves to establish that the insurer is not waiving any of its rights to deny a claim or any defenses it may have, even while they are processing or investigating the claim.

This is particularly important in insurance situations where there might be uncertainties or complexities in the claim that could later affect the insurer's ability to defend its position. For instance, if the investigation uncovers information that alters the stance on the claim, having a non-waiver agreement ensures that the insurer can still act on that information without having previously surrendered its rights through actions taken during the investigation phase.

In essence, this agreement helps to clarify the expectations and protections for both the insurer and the insured, preventing any potential misunderstandings that could arise during the claims process regarding the insurer's obligations and rights.