GrumpyWillis
New Member
- Jurisdiction
- Tennessee
This is in TN
Little bit of back story: me and my wife got rear ended by a truck a couple weeks ago. The man admitted fault, his insurance is fixing the car. The first claims person Asked if we were injured I said no but a little sore. She said since I said that she had to open a medical claim and I'd be contacted. Fast forward to beginning of this week a claims guy from there called asked how we were. I told him we're completely fine we were just sore the day after. and he then offered us $1000 pain and suffering each to release medical liability. ($2000 total) We are not injured and are perfectly fine and never expected to get any money from that side. So a huge bonus for us. The issue is we each have to sign a release for ALL liability not just medical. I was driving the car but the car is my wife's car. It's not in my name at all.
So the question: would I be fine to release them of all liability in exchange for $1000 check? (I could really use the money now rather than in a month or two once the cars fixed) my wife would hold off and not sign hers yet until everything is done including a diminished value claim as the car is only a year old.
Would it put us at any disadvantage for me to release them of liability since the car is not mine? My wife would still have the claim against them so I'm thinking it's fine. I'm just trying to see if maybe I'm being duped or something and they could some how say they're not liable for something with her since I signed the release. I don't know the law so just making sure of this. Also we were both sent separate docusigns her name is not on mine and vice versa.
Little bit of back story: me and my wife got rear ended by a truck a couple weeks ago. The man admitted fault, his insurance is fixing the car. The first claims person Asked if we were injured I said no but a little sore. She said since I said that she had to open a medical claim and I'd be contacted. Fast forward to beginning of this week a claims guy from there called asked how we were. I told him we're completely fine we were just sore the day after. and he then offered us $1000 pain and suffering each to release medical liability. ($2000 total) We are not injured and are perfectly fine and never expected to get any money from that side. So a huge bonus for us. The issue is we each have to sign a release for ALL liability not just medical. I was driving the car but the car is my wife's car. It's not in my name at all.
So the question: would I be fine to release them of all liability in exchange for $1000 check? (I could really use the money now rather than in a month or two once the cars fixed) my wife would hold off and not sign hers yet until everything is done including a diminished value claim as the car is only a year old.
Would it put us at any disadvantage for me to release them of liability since the car is not mine? My wife would still have the claim against them so I'm thinking it's fine. I'm just trying to see if maybe I'm being duped or something and they could some how say they're not liable for something with her since I signed the release. I don't know the law so just making sure of this. Also we were both sent separate docusigns her name is not on mine and vice versa.