Once I reach a settlement agreement with the insurance adjuster, can I trust their release forms?
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Once I reach a settlement agreement with the insurance adjuster, can I trust their release forms?
Should I provide them with my social security number on the form?
Asked on April 13, 2014 under Personal Injury, Florida
Answers:
Micah Longo / The Longo Firm
Answered 10 years ago | Contributor
When the provisions of a settlement agreement/release are not fully performed, the parties can seek to have the agreement enforced by the Court.
In my experience I've never had an Insurance company fail to honor the terms of the settlement agreement, but I suppose it could happen.
Before signing any settlement agreement you should have a personal injury attorney review the documents. Also, the insurance provider may be asking for your social security number to ensure there are no medicare/medicaid liens (subrogation purposes).
Mitchell L. Feldman / Feldman, Fox & Morgado, P.A.
Answered 10 years ago | Contributor
Usually yes, but would still be a good idea to have any legal contract reviewed by an attorney, especially a release. The insurance company already has your SS number.
Dale Morgado / FELDMAN, FOX & MORGADO, PA
Answered 10 years ago | Contributor
Usually yes, but would still be a good idea to have any legal contract reviewed by an attorney, especially a release. The insurance company already has your SS number.
Mark Fox / Feldman, Fox & Morgado, P.A.
Answered 10 years ago | Contributor
Usually yes, but would still be a good idea to have any legal contract reviewed by an attorney, especially a release. The insurance company already has your SS number.
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