A release of claims is simply put a release of claims. It is what sounds like, a complete and total release of any future claims related to your injuries or losses. Signing one brings an end to your rights completely beyond whatever is agreed upon in the release of claims.
Keep in mind that the insurance company is not your friend, they are not there to help. They are there to minimize payouts for their company. Beware any that suggest you sign a release of claims early in case at a minimum. In cases of serious injury, seek the assistance of an experienced personal injury attorney.
In any case involving serious personal injuries, it is exceedingly unwise to sign a release of claims without the assistance of an attorney. Once signed, there is nothing a lawyer can do to help with very rare exceptions.
The Albuquerque Attorneys, Collins & Collins, P.C., can be reached at [phone}.