Once you have been injured and the responsible insurance companies have been notified, the insurance company obligated to compensate you for your injuries will likely try to convince you to
sign a release of your rights in exchange for a settlement. You should be very careful anytime an insurance company asks you to sign a release, and it is usually a good idea to consult an attorney before agreeing to do so. There are some risks involved in signing a release, especially if you do so before the full extent of your injuries and damages are known. Once you sign the release, you are no longer entitled to anything from the responsible party, so it is important to have as well-rounded and comprehensive understanding of all of your possible current and future damages before doing so. Insurance companies often try to settle claims early, and you should be very careful to agreeing to any settlement that may not fully compensate you for your injuries.