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In a car accident involving two vehicles, parties have the option to settle damages and injuries out of court by using a car accident waiver and release liability, known as a car accident settlement agreement. This legally binding document ensures that once signed, the parties agree to settle outside the legal system, preventing any future lawsuits regarding the accident. The aim is to resolve disputes from minor accidents while releasing both parties from legal responsibility. If the accident involves more than two vehicles, the form must include all involved cars, complicating the process and often leading to legal proceedings.