After a car wreck caused by someone else's negligence, you may be able to hold them accountable by filing a claim or lawsuit against them. If both parties agree to settle the case, they will sign a settlement agreement.
A car wreck settlement agreement is an agreement by both parties to end the dispute between them, including any related litigation. When a settlement agreement is signed, the party liable for the injury agrees to meet the victim's demands in exchange for halting any further litigation.