When you’re involved in a personal injury case in Georgia, you may be presented with a release of claims document by the insurance company or the party responsible for your injuries. This document is an agreement that, once signed, prevents you from pursuing any further legal action related to the accident or injury. It is crucial to understand the difference between a general release of claims and a limited liability release of claims before signing any documents. This blog post will discuss the key differences between these two types of releases and their implications for personal injury cases in Georgia.
A general release of claims is a broad and all-encompassing document that releases the responsible party from any and all liability related to the accident or injury. By signing a general release of claims, you are effectively giving up your right to pursue any further legal action against the party responsible for your injuries, regardless of any new information or evidence that may come to light in the future.
This type of release is often used in personal injury settlements when the injured party agrees to accept a lump sum payment in exchange for releasing the responsible party from any further liability. It is essential to carefully review the terms of a general release of claims and consult with an experienced personal injury attorney before signing, as it may have significant implications for your legal rights and future compensation.
A limited liability release of claims is a more specific and narrow document that releases the responsible party from liability for specific aspects of the accident or injury. This type of release does not completely bar you from pursuing further legal action against the responsible party but limits the scope of your claims.
For example, a limited liability release may only release the responsible party from liability for medical expenses incurred up to the date of the agreement, allowing you to pursue additional compensation for future medical expenses or other damages related to the accident. This type of release can be beneficial in situations where the full extent of your injuries and damages is not yet known or may change over time.
When deciding between a general release of claims and a limited liability release of claims, it is essential to consider the specific circumstances of your personal injury case and the potential implications of each type of release. Consulting with an experienced personal injury attorney, like the team at #Cohen & Sinowski, can help you make an informed decision and protect your legal rights.
Remember that signing a release of claims is a binding legal agreement, and it is crucial to fully understand the terms and conditions before agreeing to any release. If you have any doubts or concerns, seek legal advice from a knowledgeable personal injury attorney who can guide you through the process and ensure your best interests are protected.
If you or a loved one has been injured in an accident and need assistance with a personal injury claim, the experienced attorneys at Cohen & Sinowski are here to help. Contact us today for a free consultation and let us fight for the compensation you deserve.