Will auto insurance companies try to trick you in to settling your claim by signing a release for your child?

May 7th, 2011
by admin.

Am I giving up my rights to settle my own insurance claim if I settle my children’s claim from the same accident by signing a parent’s release and indemnity agreement? The release states “In consideration of the payment to the undersigned the receipt of which is hereby acknowledged, the undersigned parents and guardians of Kayla Pringe, a minor do forever release, discharge and covenant to hold harmless Corey Jones, in and any other person, firm, corporation charged or chargeable with responsibility or liability, his heirs, administrators executors, successors and assigns from any and all claims, demands, costs expenses, loss of services, actions, and causes of action, belonging to the said minor or to the undersigned arising out of any act or occurence upon to the present time particularly on account of all personal injury, disability property damage loss or damages of any kind sustained or that may hereafter be sustained by the said minor or the undersigned, in consequence of an acc

Posted in: Auto Insurance Claim.
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6 Comments

  1. stiff_greygoose_martini says:
    May 19, 2010 at 8:04 pm

    DO NOT SIGN ANYTHING FROM AN INSURANCE COMPANY WITHOUT FULLY UNDERSTANDING IT AND/OR CONSULTING WITH A LAWYER.

  2. boo says:
    May 19, 2010 at 8:59 pm

    talk to an attorney.

  3. tex says:
    May 19, 2010 at 9:20 pm

    Insurance companies will do anything to capture the dollar. Just like people who file constant law suits.

  4. Rebecca says:
    May 19, 2010 at 9:44 pm

    Did your child get hurt? If she had to go to the hospital, I bet they sent you a “complimentary check” and want you to sign that. If you are thinking about suing, don’t sign it because you are agreeing not to sue them. I would consult a lawyer. They even have those lawyers that have “no fee unless you win.” They might take your case.

  5. miso1cat says:
    May 19, 2010 at 10:23 pm

    Don’t sign a release for anything! Insurance companies are very crooked and I wouldn’t trust them as far as I can throw them. Of course thay want you to sign so they don’t have to pay even though they expected you to pay.

  6. PuterPrsn says:
    May 19, 2010 at 10:30 pm

    That’s not a trick. It is saying, in plain English, that by signing that paper you agree that what they’ve paid you for the accident is all you and your child are going to get, and neither you nor she can go back and sue later for more money or to cover any more medical expenses or anything else.

    FYI – she will be able to sue for herself later after she’s 18 – this quit-claim will probably not stand up if the reasons are good enough.

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