Understanding The Release From Personal
Injury Lawyer Chatham Is Important
Now that you have won the case, with the desired claim amount offered by the insurance company, you can relax a bit but the injury lawsuit case is far from complete yet. There is one more responsibility of the Personal Injury Lawyer in Chatham. This is to get the settlement amount released from the insurance adjuster. There are lots of legalities involved and it will be unwise to think that the matter is over so easily. Remember, the insurance companies will still try out their tricks to delay the payment, now that they cannot reduce it. Therefore, it is necessary to get the amount confirmed and work towards receiving the settlement check.
Send A Confirmation Letter
To start with the process and to confirm the claim amount agreed the Personal Injury Lawyer in Chatham will need to send a confirmation letter to the insurance adjuster.This letter must be sent within 24 hours of the verbal agreement reached during negotiation mentioning the claim amount agreed upon. But there are few points to note when such letter is drafted and sent. This letter is bet sent through certified mail only along with a return receipt request or RRR. This will be the proof that the insurance company knows about the claim. Retain a copy of the RRR for your records to prove in case of any denial or decrease.
Receiving Letters And Release Form
At about the same time the insurance company will also send you a similar confirmation letter stating the amount agreed and the Personal Injury Lawyer in Chatham will take care of it if you do not receive it. After a couple of weeks’ time you will receive a release form from the insurance company. Sometimes this release form is sent along with the settlement check but for that you must be very lucky. You must fill up the release form, sign it and return it to the insurance company. This must be done before you cash the check if you receive it along with the form.
Terms of The Form
The settlement check is usually sent to the Personal Injury Lawyer in Chatham. This is as per the norms of personal injury law as the injury lawyer will work on contingency fee basis. It is therefore necessary for you to understand the terms and conditions of the release form before you sign. These terms may vary from state to state and therefore there are few items you should specifically understand. These terms include your agreement to release and indemnify the party and insurance company citing that the claim is settled and you will not claim anything in future.
Understand Your Stand
Once you sign the release form, you are legally bound not to blame the insurance company as the check amount is for settlement purpose and not an admittance of fault by the insurance company. You admit that this is the only legal claim you have made and will not file another claim.Make sure you cash the check, being sure about the terms as once cashed, there will be no way to reclaim. Visit Here: AB Personal Injury Lawyer