You should contact and hire a personal injury attorney in your area. If it were an accident that dealt only with property damage you may be able to deal with your insurer yourself but since there are significant medical bills you will want an attorney to help guide you through the entire process. Additionally, the release documents are usually boiler plate but with the other factors here it will not hurt to have your attorney review the documents prior to your signing.
Any statements are made for general informational purposes and do not constitute legal advice. No attorney-client privilege is created by this communication. Attorney is licensed in Missouri only.
You should definitely seek the services of a lawyer in your area who handles accident/injury claims. Most lawyers who represent you on the bodily injury claim can also assist you on the property damage claim and make sure you are not signing something you will later regret. If there are significant injuries, you will benefit from the representation a lawyer will provide. It's unlikely you will be able to resolve this on your own with the insurance company. Without seeing the exact release your being asked to sign, it's unlikely any lawyer can properly advise you on it's meaning.
Im in San Jose. I would suggest you have the pd release reviewed before you sign. Do you have rental car coverage? Have you got good photos of all the damage to the car, inside and out? Have you retrieved all personal items, before it is hauled off for salvage?What about your deductible? Is your company waiving it?
As for you and your passenger's injuries, it would be a good idea for you each to consult with a good injury atty asap, before you talk to the other person's ins co. You both need to do the right things from the beginning, in order to protect your rights in the end.
Consults are free. You can contact me at 408-293-4000.
A roundup of the best tips and legal advice.