How Long Can It Take to Settle a Personal Injury Claim?

November 21, 2013

Personal Injury

how much time does it take to settle a car accident caseOne of the most common questions that a personal injury attorney hears is “How long does it take to settle a personal injury claim?” The answer to this question depends on numerous factors.

Medical Treatment

Before a person can receive a settlement offer, there are usually several stages that an injury must travel through. First, the client must address any injuries that he or she sustained. The client should be in a position to be able to make important decisions about his or her case.

In some cases, an injury victim may never fully recover from an injury, but he or she may reach a point of maximum recovery. If a client agrees to a settlement and then later discovers other residual issues, he or she may not be able to recover compensation for these injuries.

Preparing Documents

The next stage involves the preparation of the case to submit to an insurance company. Medical providers may not be able to provide documents until 30 to 60 days after the client is discharged. Employers may also submit documentation regarding time lost from work.

The value of the claim may be calculated at this time.

Negotiations

After the application is submitted to the insurance company, the insurance adjuster reviews the information. He or she may conduct an independent investigation and medical review. The insurance company may make an initial offer, and the lawyer may then counter offer. The client retains the power to decide whether or not to accept a settlement offer at any stage of the process. For many cases, a reasonable settlement can be obtained from the insurance company and the process stops here. However, sometimes the insurance company does not offer an acceptable settlement.

Litigation

Litigation may be the next step in these circumstances. However, this does not mean that the case will wind up in a trial. Sometimes an insurance company will not realize the ramifications of not providing a reasonable settlement offer until it has to face the time and expense of trial.

Have You Been Seriously Injured in an Accident in Our Area? Call Our Injury Law Team Today!

An injury attorney serving Sarasota may be able to help you with your personal injury case. Contact Abrahamson & Uiterwyk today at 1-800-753-5203 for more information.

 

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