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under what condition(s) would one sign or have to sign??? When the victim's own lawyer was silent and not seem to be helping, could one find a second lawyer to look after you?

2007-01-22 13:55:10 · 6 answers · asked by frank L L 2 in Cars & Transportation Insurance & Registration

can one change one's mind after signing??? what happen if something serious which is due to result of the accident, occur after the signing???

2007-01-22 13:57:49 · update #1

6 answers

When you sign a release, you are releasing, in this case, the at fault driver of the car accident, from any additional liability (damages) you sustain as a result. For example, if you settle the claim for $1000 & sign a release, you can't come back and ask for another $500. No insurance company will settle a claim without having a signed release by YOU.

As for your attorney, you can switch attorneys at any time, however, the attorney you fire has a lien on any settlement you may receive. That means, before you and the new attorney get paid...he gets paid first. But the attorneys will work this out and they have to agree & advise the insurance company of the agreement. Otherwise, they will send ONE check payable to your first attorney, your second attorney, and you.

If you sign a release, be sure you are in a position to do so. Once you sign it, that's it...it's over!

2007-01-22 16:34:52 · answer #1 · answered by bundysmom 6 · 0 0

Not knocking attorneys here, but unless you aren't receiving what your policy states you are entitled to based on damages & injuries, you are wasting $$ & often time.

Our society is too conditioned to blurt out, "get a lawyer" when most claims 98% are settled quickly & agreeably by the responsible insurance company.

They want to close the claim w your release, but will tell you themselves if you have or expect other expenses don't sign. Usually enough time has passed to give you reasonable comfort you will have no additional physical issues.

If you feel fine, your car is repaired, (or a check issued) & you are at least a week (more if you suffered serious injuries) has passed, signing the release is customary

2007-01-22 17:31:10 · answer #2 · answered by SantaBud 6 · 0 0

They want you to sign a final release in order to protect themselves. Once you sign a final release, you can no longer come back and try to make a claim against them or sue them. If you are happy with the payment/settlement you received, feel free to sign it. However, if you are not happy with what you have received or fee further medical damages could result in the future, you may want to contact a lawyer for further advice.

2007-01-22 14:00:00 · answer #3 · answered by mikeztheman 2 · 1 0

no ,once you sign the paper there no longer obligated to you or any debts you have from the accident,never sign off on any thing until your absolutely sure you will be fine,and get a good doctors opinion on the matter also.some lawyers aren't worth anything when it comes to handling things like this,but don't sign off on it until your sure you are alright and are satisfied with what has been done for you,good luck with it,i hope this help,s.

2007-01-22 16:53:09 · answer #4 · answered by dodge man 7 · 0 0

It releases the insurance company from further liability. Meaning, should you sign it, if something physically or mentally comes up around the event, you have no future claim with them.

Ask another attorney about specific circumstances of your case.

Good luck.

2007-01-22 13:59:35 · answer #5 · answered by donewiththismess 5 · 0 0

Insurers need to be able to plan how much they are going to have to pay out in a claim.
They can't afford to have open ended claims because they'd not know how much to charge you in premiums.

Let me rephrase your question......

How much more in auto insurance premiums do you want to pay for some people who may have been hurt in an accident to change their mind when they want more money?

2007-01-22 15:54:44 · answer #6 · answered by markmywordz 5 · 0 0

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