What Are You Agreeing to When You Sign an Insurance Release?

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01 · The answer

Possibly the end of the claim. Once a valid settlement and release are finalized, reopening the claim may not be possible, which is why the terms deserve careful review before anything is signed.

An average settlement figure tells you very little about an individual claim, and two people involved in similar crashes can have very different claims. Understanding what a release covers, and what is still unknown about your injuries, is part of deciding whether an offer makes sense.

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