insurance






 

Question by  cheldi (95)

If I have settled a claim, can I change my mind and go back?

I settled an insurance claim prior to learning all the evidence, can I go back and unsettle it?

 
+7

Answer by  DogLover82 (412)

Generally speaking, the answer is no. If you settled the claim, the contract you entered into probably restricts you from seeking further recourse. However,if the insurance company hid the evidence from you, you can probably have the settlement set aside in court.

 
+6

Answer by  Samantha57 (391)

The answer is probably no. Generally, once you execute a settlement agreement, you have entered into a bilateral contract. If you fail or refuse to abide by the terms of the settlement agreement, you may be liable for breach of contract. There are some rare exceptions to this rule; you should discuss the "new evidence" with your lawyer.

 
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