What is a release of liability?

A release of liability is a legal document that an individual can sign in order to protect themselves from being held legally responsible for any claims, damages, or losses that may occur as a result of an accident. This document states that the individual is releasing another party from liability related to any kind of accident or incident. In the State of California, a release of liability is most commonly associated with motor vehicle accidents. When an individual signs a release of liability, they are relinquishing their right to pursue any legal action against another party for any damages or losses incurred from a motor vehicle accident. It is important to note that a release of liability is not the same as an insurance policy. An insurance policy typically covers the costs of damages, whereas a release of liability releases the individual from responsibility for the damages, regardless of their ability to pay. Releases of liability are commonly used in California, as this state follows a comparative negligence system which assigns a percentage of fault to each party involved in an accident. By signing a release of liability, an individual is essentially waiving their right to obtain any compensation from the other party in the accident, even if they were partially at fault.

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