Car accident | Help with release

What wording should be used if you were involved in an auto accident and have decided to pay out of pocket instead of going through your insurance.

I know there is language that says this is the final payment for all cost involved in the accident.

Answer:

You need to have a release of any and all claims for fair and adequate consideration of X amount.

There might be more language requirements, but only a local attorney can help you with that. Consult with a lawyer before settling your claim.

Good Luck
http://www.auto-insurance-claim-advice.com/