How Long Does it Take to Settle a Personal Injury Claim?
After you’ve been in an accident where you were injured due to the negligence of another, it is quite normal to want to get the compensation you deserve and to move on with your life. However, it is important not to rush your personal injury claim.
Even though your injury may have resulted in lost wages, medical expenses and physical and emotional pain, it is important to be sure of how your recovery will proceed before accepting a settlement offer.
All personal injury claim are different, and therefore recovery times will vary depending on the nature of the injuries. Personal injury claims involving more straightforward injuries may take less time to settle than more complex injuries.
There is always the possibility that injuries can present themselves after your accident occurs. You do not want to settle your claim until your injuries have stabilized to the point where you can know that the permanent effects will be.
It is important that you do not settle your claim until after your doctor has provided an assessment of your symptoms and how the injuries may affect you in the future.
Once your injuries have been assessed, we can proceed with negotiations. The insurance adjuster will likely offer a very low settlement amount or completely deny liability. We will fight for you at the negotiating table and if the insurance company will not accept our offer, then we are prepared to go to court for you.
Going to court will likely make the process much longer. It will involve a discovery process, trial preparation the trial itself and the possibility of appeals. Additionally, it is never clear what a jury will decide.
Therefore, simply telling an insurance company that we are prepared to go to trial may make them amenable to our terms at the negotiating table.
When we come to an agreement with the insurance company on the amount of compensation you will receive, you will need to write a confirming letter to the adjuster, which will include a specific date in which you expect to receive payment.
When you receive the settlement check, you will have to sign a written document that releases the insurance company from any further liability for the accident. You may want to consult with us on any questions you may have regarding what the release covers.
The amount of time it takes to receive compensation in your personal injury claim will depend on the nature of your accident. It is in your best interest to take your time and not rush into a hasty settlement just to get the money; it may be much lower than what you deserve.
For more information regarding your rights when filing a personal injury claim, speak with the experienced Fort Lauderdale personal injury lawyers from Wolf & Pravato – 1-800-428-3476.
Written By: Vince Pravato