There is no average time for a car accident settlement because many factors influence the time it takes to calculate and settle a claim. Every car accident is obviously different, and the time it takes to resolve a car accident case varies depending on the details and facts of the case.
It can take anywhere from a couple of weeks to several months (or years) for a car accident case to settle. There is a lot to investigate on each side, and if you suffered serious injuries and property damage, this could explain why the settlement process is so long.
Reading: How long does insurance settlement take
an overview of the auto accident settlement process
Having a car accident attorney on your side can help you get an early idea of the value of your case. Once you consult with an attorney about your case, they will get the details and facts and get the evidence they need. Your attorney can then prepare to speak with an insurance company and defend your rights.
Once you file your claim and the insurance company has documentation of your medical bills and damages, the insurance adjuster will offer a settlement. your attorney can negotiate with them for the compensation you deserve.
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A recently injured person shouldn’t have to deal with stressful phone calls with insurance adjusters, who are notorious for manipulating people into thinking they’re responsible for an accident or share the blame; therefore, they do not deserve much compensation, if any. Your attorney can fight for the financial compensation you are entitled to receive. They have experience fighting insurance companies that they can put to work for you.
With the evidence they gather and the possible help of medical experts and accident reconstruction specialists, your car accident attorney can pursue a fair settlement. they will not be able to tell you an average time of how long it takes to receive a car accident settlement. Unexpected delays can occur, prolonging a settlement process. They have no way of knowing what twists and turns your case might take, but they will work to produce the best possible result for you.
the factors that dictate the liquidation process
Your settlement process may not be easy if it lasts more than a few months. The following factors could affect the settlement process.
responsibility questioning
Establishing liability and proving negligence is more difficult in some car accidents. If you shared fault, this could complicate the process in states that use comparative negligence, where the Legal Information Institute explains fault and awards damages. determining liability can make the settlement process take longer.
eyewitness accounts
If there were many eyewitnesses to the accident and you exchanged information with them so that they can provide statements, you or your personal injury attorney will have to interview many people. this process can take several months or more. it may not be easy to coordinate with all witnesses and have them fulfill their essential role at an ideal time.
time to recover from your injuries
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If you are yet to receive treatment for your injuries, the final amount of your medical bills has yet to be determined. Once you have fully recovered, only then will you know what your medical expenses are and what future medical care you might need. You’ll also have a better idea of what to claim as compensation for lost income. A car accident attorney may not want to settle a claim until you are done recovering and are aware of all recoverable damages you may be entitled to receive.
insurance company in no hurry to liquidate
The more significant the accident, the longer it will take to resolve the case. According to the Insurance Information Institute (III), “Over the past two years, both the accident rate and the size of insurance claims have increased dramatically.”
Insurance companies will investigate your case and try to find any little information they may have against you to devalue your claim. they may also be slow to offer or pay deals. working with a car accident attorney can be beneficial to your case. A legal professional is familiar with insurance company tactics and can handle all communications with them while maintaining productivity.
ben crump law, pllc will fight for you
The average time for a car accident settlement does not exist. the amount of time it takes to receive a settlement will depend on everything involved in a case.
A car accident attorney at ben crump law, pllc, will work to see you fight for the financial compensation you deserve, with your best interests in mind. you may not want to wait to communicate, as it takes time to build a case before your state’s statute of limitations runs out. The sooner you contact us, the sooner we can work on your behalf. Call 800-959-1444 today for a free case review with a member of our team.
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