In order to receive financial compensation for the losses your car accident injuries have caused, the insurance company will require you to sign a release of liability which essentially closes out your claim. Once you sign the form, you will not be able to pursue any more damages for your losses. For example, if you settle your case and sign a release of liability, but a year later you discover that your injury caused more damage than originally diagnosed, you will not be able to reopen your claim to cover additional losses. This is why you should never sign any documents unless your car accident attorney has evaluated your claim and the insurance company’s offer and analyzed the economics and potentialities.
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