Is it a good idea to sign a release of liability after a car crash?

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Last week I was involved in a car accident that wasn’t my fault. Yesterday, the insurance company of the responsible driver sent me a release of liability and offered to have my car fixed. I don’t know what a release of liability is or if it is a good idea to agree to this arrangement.

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Bostwick & Peterson, LLP

After a motor vehicle collision, the driver who was not at fault for the crash may receive a release of liability offering money to settle the claim that has been made against the at-fault driver. A release of liability will always be issued to you by the insurance company protecting the at-fault driver. In essence, agreeing to the terms of such a release will effectively create an agreement in which, in exchange for money, you are relinquishing your right to sue in court. While this may seem like a good option upfront, it is very often offered as a way for the insurance company to avoid paying larger fees after a court verdict is reached. Therefore, you should take great consideration before signing a release of this nature. We suggest enlisting the support and guidance of a legal professional in order to make sure that this is the right move for you. Sometimes, it will make much more sense to forego signing a release of liability and instead pursue your case in court – a legal professional will be your best bet when making this determination.

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