Quick answer
Determine exactly what claims and parties the payment would release before accepting.
Do now
Obtain the full release and written breakdown. Consider ongoing treatment, future needs, lost income, liens, fees, and whether property damage and bodily injury are being resolved separately. Seek review before signing or cashing a check with release language.
Watch for
A settlement may be final even if symptoms worsen later. There is no universal right to reopen a claim or cancel a signed release.
Official sources
NJDOBI — Auto Insurance Consumer Information, NY DFS — No-Fault FAQs, DC DISB — Consumer Auto Insurance Guide.
