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How Long Does It Take to Resolve a Car Accident Injury Claim?
Modified: June 5, 2024
Discover how long it typically takes to resolve a car accident injury claim and what factors can affect the timeline in this comprehensive guide.
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After a car accident, many victims struggle with mounting medical bills, lost income, and overwhelming stress. Insurance companies use delaying tactics to make the victim give up and accept a lowball offer. Your lack of specialized legal knowledge and access to it can cost you dearly in your claim. The best route to deal with insurance companies is not to deal with them directly.
An experienced Car Accident Lawyer can level the playing field for you when dealing with an insurance company.
After a Philadelphia car accident, you might be wondering how long will the insurance company take to settle your car accident claim.
Car accident claims with clear-cut liability and not-so-severe injuries often settle within six to twelve months.
The time that it will take for insurance companies to settle car accident claims depends on the circumstances of your accident.
Every car accident settlement often requires the following steps:
- Filing of a claim
- Investigation into liability and damages
- Demand for payout
- Negotiations
- Settlement agreement
- Disbursement of settlement amount
Often, crash victims require extensive medical care that delays their claims.
Once you settle a claim, you can’t go back and demand more compensation if you discover more injuries and damages.
Can An Attorney Speed Up The Settlement Process?
Hiring an experienced Philadelphia Personal Injury Lawyer can significantly expedite the settlement process.
Accident victims could attempt to negotiate a settlement with the insurance companies, but the risks of doing so are almost certainly not worth it.
Without an attorney’s guidance, you will receive a lower settlement in comparison to what you may be eligible for.
The lawyer you choose always makes a difference in the recovery you obtain in a case, whether by settlement or a trial.
It is vital to carefully review a lawyer’s reputation, trial success, and past results before retaining their services.
Unrepresented victims or inexperienced attorneys often file claims with errors that slow down the settlement process.
Filing your claim correctly on the first occasion cuts down the overall time to settle your claim.
The rationale behind most cases settling is that avoiding litigation is generally in everyone’s best interests.
One of the most critical factors an insurance company uses to value an accident claim is the lawyer representing the victim. Insurers know that if they don’t offer fair value, an experienced attorney may opt for a trial. An insurance company loses control of a claim once a trial starts.
Hiring a trial lawyer at The Law Offices Of Samuel Fishman increases the chances of a fair settlement. When insurance companies learn that you have help from an accomplished team of Philadelphia personal injury attorneys, they tend to return with a much better settlement offer.
The solidity of the evidence in a car accident claim can also significantly impact the claim’s value and validity.
At our Philadelphia personal injury law firm, our attorneys compile necessary evidence that includes police and accident reports, medical records, witness statements, surveillance footage, expert testimonies, and accident scene photographs, videos, or diagrams to maximize the claim’s value.
If you suspect that an insurance company is using unethical tactics to pressure you to settle quickly for less, contact a lawyer at The Law Offices Of Samuel Fishman to show the insurance company that you mean business.
We offer free initial consultations.
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