What does a Partial Release involve?

A Partial Release involves settling specific aspects of a claim while leaving other components open or unresolved. This typically includes claims related to both property damage and bodily injury. By settling these claims partially, the involved parties agree to release one type of liability—such as those related to either property or bodily injury—while maintaining the right to pursue further compensation for remaining aspects of the claim.

This process allows for a more flexible resolution, where certain parts of the claim can be settled promptly while acknowledging that other parts may require further negotiation or evaluation. A Partial Release does not imply that all claims are fully resolved or compensated in one payment, distinguishing it from scenarios where all claims are settled together in a single, complete settlement.