When Should I Sign an Insurance Release?

When Should I Sign an Insurance Release?

One of the biggest mistakes that people make after an accident is to think that the insurance company is a friendly entity and that the insurance claims adjuster is going to help them to get the compensation that they deserve for their injuries and losses. This could not be further from the truth. Rather, you must think of the insurance company as it really is: a business. Insurance claims adjusters are working for the insurance company, which is a business that wants to make money. The best way for an insurance company to keep profits up when it comes to your accident claim is to convince you to settle for a low amount before you really have a chance to think much about it. Insurance companies will also minimize what you receive in compensation if they can. Before you sign anything at all, follow the advice of the Georgia Office of Insurance and do the following:

  1. Conduct your own investigation into the costs associated with your damages and injuries.
  2. Speak with your doctor regarding the prognosis and future treatments related to your injuries as well as any lasting disabilities.
  3. Maintain a written record of all expenses and communications.
  4. Seek a free consultation with a Georgia personal injury attorney.

The last thing that you want to do is make a mistake, when all you have is one opportunity to prove your case and collect a fair settlement to cover your losses. Speaking with an attorney before agreeing to anything you can go back on is the best way to avoid regrets.