Accident Settlement

If there is a road accident, and one or more parties to the accident suffer from vehicle damage or personal injury, then those parties raise claims for the damage on the party at fault.

Accident settlement is a situation where all the parties involved agree on the compensation amount and reach to a settlement without going through the legal process. Once, the accident settlement is signed off by the parties, it waives off legal right of the parties to make any further claims in the court of law.