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Form 14157 Lowell Massachusetts: What You Should Know

The interview will end when either you: ¬∑ fully agree to accept and comply with any settlement agreement reached during the interview. ¬∑ complete and sign our liability release form. Why Would I be Asked to Sign a Release? When a driver or passenger is injured in a car accident, it is often the injured person who requests a¬† release of a liability claim against the automobile insurance company. The release provides a level of assurance that liability will not be imposed¬† from either party. If a driver is injured at fault as well, then the release is very necessary to assure the injured person¬† can get a fair and just settlement. What is ‚ÄúLiability Release‚ÄĚ? This release provides the injured party with a commitment of personal information from the¬† victim's insurance company, the government of the state of Tennessee, and law enforcement so that damages are recovered¬† and paid to the injured person as a result of the injury. What is the Amount of the Liability Release for the Person Who was Injured? The release will include the name, address, contact phone number,¬† date and place of injury, whether you were at fault, whether you received medical treatment, any prior insurance¬† claims filed against you including the current amounts in your policy, and any civil judgments or penalties against¬† you that were incurred. The amounts will be collected directly by the insurance company. It is the driver's responsibility to notify¬† the insured and take advantage of the liability release. It is not required for the injured person to sign. How Much Does the Liability Release for the Injured Person Cost? The liability release provides all parties involved with the following¬† information: ¬∑ the driver's name, address, contact phone number, date and place of injury, whether you were at fault, whether you received¬† medical treatment, any prior insurance claims filed against you including the current amounts in your policy, and any civil¬† judgments or penalties against you that were incurred. Will I be Exposed to Criminal, Civil and Other Charges? A liability release includes a form of immunity. It protects the driver and driver's¬† employer from liability and imposes a defense against criminal and civil charges. It is a powerful tool to gain¬†compensation.

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