Although an initial settlement offer might seem like a welcome solution when you’re facing significant medical expenses and lost income, it’s important to understand that these offers rarely cover the full extent of your damages. When you’ve been injured due to another person’s negligence, you are entitled to fair compensation. At Lee Law Firm, LLC, our Springfield Injury Lawyers are prepared to fight for the compensation you need to get your life back on track. Don’t sign any documents until you’ve consulted legal counsel. Please continue reading to learn your legal options if you’ve already signed something. 

Is It a Problem If You Already Signed Something from the Insurance Company?

Following an accident in New Jersey, you’ll likely be contacted by an insurance adjuster. While they may appear sympathetic, it’s crucial to recognize that they don’t have your best interest at heart. Their role is to act for the insurance company, aiming to minimize payouts. They will likely pressure you to sign various documents, aiming to quickly investigate, devalue, or close your legal claim. 

Whether or not signing a document impacts your personal injury claim depends on the specific document executed. You should bear in mind that not all paperwork carries the same legal weight. Some forms are standard administrative procedures, while others can significantly restrict or even forfeit your right to future compensation. Even if you’ve already signed something, there might still be legal options available. 

What Documents Do Insurance Companies Typically Ask You to Sign? 

Insurance companies often request signatures to facilitate the gathering of information relevant to your claim and to secure authorization for accessing private records, such as medical or employment history. The insurance company may ask you to sign the following documents: 

  • Medical Authorization Forms: These forms grant the insurance company access to your health records. This broad access allows them to potentially use pre-existing conditions against you, arguing that your current injuries are not linked to the accident, which could reduce your settlement value. Therefore, you should avoid signing “blanket” releases. 
  • Recorded or Written Statements: Insurance adjusters can use any statement provided to dispute your claim. You should avoid giving your verbal consent, as inconsistencies can be used against you. It’s advisable to consult with an attorney before speaking to an insurance adjuster. 
  • Settlement Agreements and Releases: This is the most serious document, typically containing a “release of liability.” By signing this document, you waive your right to pursue additional injury-related compensation in exchange for a payment. You should avoid signing until you’ve reached Maximum Medical Improvement (MMI). 

Can You Undo What You Signed? 

Unfortunately, it’s difficult to challenge a signed document. However, it’s not impossible, depending on the unique circumstances. If the insurance company lied, you didn;t understand what you signed, you were presured, or the document has mistakes of confusing language, you might be able to fight it. Nevertheless, most courts enforce signed agreements. 

At Lee Law Firm, LLC, we are prepared to help you understand your rights and options. Connect with our legal team today to schedule a consultation.