I Need a Release Form For An Auto Accident
Full Question:
I was backing my, 87 year old, fathers car out of his driveway and bumped the neighbors truck. I received the estimate and have decided to pay for it and not contact his insurance. I don't want his rates to go up. I am looking for a form that basically says that, I have paid for the damage and am released from any further cost for fixing the truck. I don't want the party coming back and saying the cost has gone up. I want to pay for the damage, but at the same time protect myself from any further costs. Can you help me with this? Thank you for your time.
08/07/2009 |
Category: Contracts ยป Releases |
State: Oklahoma |
#17993
Answer:
A release form may be used to have a person agree to settle a claim and give up the right to sue for further damages in exchange for the payment received. In an auto accident settlement, a release may be used to waive claims to damages to the auto, as well as damages for personal injury and consequential damages, such as lost wages, etc.