From your description of the matter, it appears that the liability insurance company for the other driver wants to settle and thereby forever close out any claims which you may have arising from the accident. So, probably they will want you to sign a document known as a release in exchange for the small payment of $100.00. The release document will likely state that you are forever giving up any and all claims, which are both currently known and unknown, arising from the accident. Your decision whether to accept the $100 in exchange for the release should include an evaluation of whether you suffered any injuries or have incurred any expenses in connection with the accident.
Answered on Apr 09th, 2021 at 5:43 AM