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In a car accident involving two vehicles, parties can opt to resolve damages and injuries out of court through a car accident waiver and release liability, known as a car accident settlement agreement. This legally binding document ensures that once signed, a settlement is finalized outside of the legal system, preventing further lawsuits between the involved parties. Its purpose is to settle disputes arising from minor accidents by releasing all parties from legal responsibility. However, in multi-car accidents, the form must include every vehicle involved, complicating the process and often leading to legal proceedings instead of out-of-court settlements.
