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How Long Does It Take to Receive a Car Accident Settlement?

How Long Does It Take to Receive a Car Accident Settlement?

Insurance claims happen every day in the U.S., with most of them involving car accidents. Many people are concerned about how long it will take them to receive a settlement after they have been injured. The time-frame might be increased depending on the circumstances of your car accident. You might be surprised to find out how long it actually takes for you to receive results.

Factors That Determine the Length of Your Car Accident Claim 

Many people should expect a car accident claim to take a few months to years to settle. This is especially true when your accident was incredibly severe, which means that it could take years for your claim to finally settle. Here are some factors that could determine how long your car accident takes to settle:

The Scale of Your Injuries: Depending on your injuries, your claim could last anywhere from a few months to a few years. Many injuries can leave you in an uncertain position, especially when you are not sure if your injuries will be lasting or not. It is sometimes difficult for a physician to determine the full extent of your injuries from the very start, which is why it can take time to achieve the settlement you deserve. On top of that, many people tend to make false reports, which is why the insurance company sometimes launches an investigation into these matters. This is true in cases involving chronic pain from soft tissue injuries, whiplash, and more, which are more difficult to prove.

How Long Does It Take to Receive a Car Accident Settlement? Insurance Company Cooperation: Insurance companies do not always cooperate as well as they are expected to. You want to keep a close eye on the investigation and all aspects of the process because insurance companies are supposed to settle claims as quickly as they are able to. Insurance companies are supposed to typically not take longer than 40 days to respond to the claim so that you know if things are moving forward. From there, you will find out if your claim is rejected or denied, which could determine how long your claim is going to take. 

Court Cases/Proceedings: Court-related events can also extend how long it takes before you find out if your case is moving forward. The length of the case can determine the number of parties involved, the severity of the accident, and many other aspects. Personal injury cases involve a period of discovery, which is mandatory if you want to move forward. Negotiations will also have to take place, in which the other party might agree to what you are laying on the table or could deny it. This means that the time frame will be extended.

Moving Forward with a Personal Injury Claim 

Many people who have been injured in a car accident due to another party might not be able to afford their medical bills on their own. Because of this, it is important that victims speak with a car accident attorney in Florida at Sheftall & Associates. We are here to help you through every step of the personal injury process. You have many rights to compensation. Please contact our accident attorneys in Florida at (904) 575-9026.