It is not the goal of these insurance companies to do what is in the best interests of the injured party. Instead, their objective is to pay as little as possible to resolve a claim in exchange for a signed waiver of liability. This waiver ensures that the injured bicyclist gives up all rights to sue the insured for any losses related to the accident, even if they later suffer complications or incur additional medical treatment. As a result, claimants may be vulnerable to agreeing to a lower settlement than they may be entitled to.