What Is a Release of All Claims Form?
f you were involved in a motor vehicle accident, you are likely to receive a settlement offer from the other driver’s insurance company. If you and an insurance adjuster can come to an agreement on a settlement value for your claim, the adjuster will usually present you with a document called a release. A release would require you to sign before you are issued a settlement check. Basically, by signing a release document, you are giving up your rights to ever make a claim again for the same injury and damages against the driver or their insurance company in exchange for the settlement amount you are accepting. It is important for you to remember that ordinarily once a release is signed, a case against the same parties cannot be reopened. once you put your signature to the release form, it’s for all intents and purposes final and you would almost certainly not be able to get any more money later. This applies even if your injuries turn out to be much worse than you originally thought.
Tips on How to Read a Release Agreement
The key in reading of release document is to thoroughly make sure that you understand what you are signing before you sign it. If it’s necessary, read it over several times. If there is anything or any clauses in the release agreement that you don’t understand, ask the insurance adjuster or your attorney to clarify them for you. There are two questions you want to be able to understand after reading a release agreement. The first question is who is being released and the second question is what kind of claim is being released. Is the release only applicable to personal injuries or does it include any claims for damage to your car? You may be wondering, why is this important. To illustrate, let me offer an example. A release that says all claims or names all parties as the negligent party or defending being released may be overly broad and may require further scrutiny. When more than one party is responsible for the accident, make sure the release document is not in fact releasing all the responsible parties unless of course that is your intention. For example, if the compensation you are receiving is for a personal injury only or for property damage only or for both make sure the release says so. Simply stated, you will not be able to add or correct anything in the release once it is signed.
Speak with our Accident Lawyer in Miami Today!
Signing a release of all claims form has important legal implications. As such, it is always recommended that you speak with an experienced personal injury lawyer before agreeing to settle your claim and sign a release form. Were you or someone you love recently involved in a car accident? If you are looking to pursue a personal injury claim and want to discuss your options going forward, contact one of our skilled car accident attorneys today! Don’t allow negligent drivers to cost you money, time, or cause you aggravation. If you were hurt in a motor vehicle accident, it is smart to connect with a local accident lawyer so that you can obtain vital information on how to begin the process of filing a claim or filing a lawsuit. The damages that can be recovered in a personal injury claim or lawsuit can help cover the cost of medical treatment, medication, and absence from work. At Suarez and Montero, our policy is that if you don’t recover compensation, you won’t pay any fees for our services. Not to mention, we also provide free case consultations where we assess the circumstances surrounding your case and give you an objective overview of what steps you can take going forward if you decide to act against the at-fault party. For over 19 years, we have delivered quality legal representation for people who, through no fault of their own, have been injured in all types of motor vehicle accidents. We are available 24/7 to give you a free, no risk case consultation.
We serve clients throughout Florida including those in the following areas:
Miami-Dade: Aventura, Coral Gables, Doral, Fontainebleau, Hialeah, Homestead, Kendall, Miami, Miami Beach, Miami Lakes, North Miami, Tamiami, and Westchester.
Broward: Fort Lauderdale, Hallandale Beach, Hollywood, Pembroke Pines, and Weston; and Palm Beach County including Boca Raton, Lake Worth, and West Palm Beach.
