If you were in an accident and got hurt. The insurance company paid you money but now they want you to sign a release that says they can’t go after you for any more money. Should you do it?
The release form is a good way to get a settlement. You can still negotiate before you sign the release form, and even after you’ve signed it. If you don’t sign the release form, then your lawyer can still use any evidence in his or her possession (and any other evidence) to help his case against the insurance company.
To Get a Settlement, You Have to Sign
You should sign the release form if you want to get a settlement. Signing is not required, but it’s often an important part of getting a settlement. If your injuries are serious enough and your case is complicated enough, then it may be worth your time and energy to go through the hassle of signing the release form as well.
If you don’t sign the release, there’s no guarantee that your case will settle at all and even if it does settle down into a nice range after negotiations with opposing counsel (lawyers), there’s still no guarantee that everything will go smoothly or quickly–and who knows what could happen between now and then?
You Can Still Negotiate Before You Sign
● You can still negotiate with your own injury lawyer in Waterloo
● You can still negotiate with your own doctor.
● You can still negotiate with your own insurance company
What Does the Release Say?
A release form is a contract that you sign before you get a settlement. It’s a legal document, binding on both parties in the case. The insurance company promises to pay for your injuries and losses up front, but if they don’t follow through with their promises, then it can be very difficult for them to collect any money from you later on down the line (if at all).
The release form says that if there’s an issue with payment from the insurance company later on down the road, then they’re going to have trouble suing me as well because my promise not to sue means I won’t be able to sue either. Thus, by signing this document now before things get messy in court or are already messy due to other reasons (like proving fault), both parties can avoid having problems later down the road when everything gets settled out anyway.
You’ll want to read over the release before signing it. If you sign this form, you agree that:
● You will not sue the insurance company for any injuries or medical bills related to your accident.
● You can still sue other parties involved in your crash (for example, if someone hit you while driving) but not the insurance company.
The bottom line is that by signing a release form, you are agreeing to settle at a certain value. While this might not seem like a big issue, it could be the difference between getting the settlement you deserve or settling for less than your injuries were worth. The best way to avoid this situation is by negotiating with the insurance company before giving them any money at all!