A Release is a form that we use when a personal injury case is settled. In exchange for paying money, the insurance company wants assurance that the case is over for good and will not be brought up again. Releases can be short or long, but all essentially say the same thing:
“In exchange for X dollars, the claimant agrees that this case is over forever.”
It is important to make sure you and your attorney are aware of all of your claims and damages, and a discussion held regarding the settlement. Also, some insurance companies will try to get to you very soon after an accident, to entice you with money in exchange for your signature on a Release. You should always seek the advice of an experienced injury attorney before signing anything like this. If you sign—no matter how serious you find out your injuries to be later, your case may be over. Forever.
A Release can be confusing and difficult to understand. At Zachar Law Firm, we are very familiar with Releases, how they operate, when to sign them and whether or not you are agreeing to a fair settlement.
Never sign this document without consulting with an experienced personal injury lawyer!