How Long Does a Car Accident Claim Take to Settle?
Following a car accident, you may be interested to know more about how long it takes for a car accident claim to settle. Ultimately, there is no clear answer to this. Some car accident claims are resolved in a matter of days. This tends to happen in situations where there are no severe injuries, property damage is minor, and liability is clear-cut.
However, some car accident claims take years to settle. This may happen in situations where claimants’ damages are expensive, they suffered serious injuries, and liability is unclear.
An auto accident lawyer with state-specific experience can review the details of your accident, explain the legal process, and offer a more personalized timeline in regard to your case.
Factors that May Affect the Timeliness of Your Case’s Resolution
The American Bar Association (ABA) asserts that most car accident claims are settled out of court. If you are able to secure compensation through negotiations with the insurance company, then you would not need to go before a judge.
Some factors that may affect the progression of your claim include:
The Scope of Your Injuries and Damages
Insurance companies do not like paying out big claims. This affects their bottom line and the company’s ability to turn a profit. If you suffered serious injuries and extensive property damage as a result of your accident, you likely have incurred high costs.
The insurance company may argue that you do not need as much money as you are claiming. After you present your demand letter, they may present a counteroffer that does not adequately compensate you for your losses. The subsequent negotiation process may affect how long it takes for your car accident claim to settle.
The Level of Cooperation Among All Parties
If the insurer accepts liability, they may offer you fair compensation for your damages. This could bring about a timely resolution to your car accident claim. If, on the other hand, your damages are significant, and the insurance adjusters are given the go-ahead to propose a low settlement, litigation may be necessary.
Because of the many layers of the legal process, this could lengthen the progression of your case.
The Time It Takes to Determine Fault
The longer it takes to establish which party caused the accident, the longer it takes to settle a claim. You may need to provide various pieces of evidence that show how you were injured by another party’s negligence.
For a free legal consultation, call (855) 605-2959
The Benefits of Hiring an Auto Accident Attorney
Right now, you likely want to quickly resolve your case so that you can move forward with your life. By teaming up with a car accident attorney, you can spend time with your family and recover from your injuries. Your legal team’s goal is to resolve your personal injury case.
While considering legal representation, you likely want a lawyer who has:
Experience in Negotiation and Litigation
Negotiating with insurance providers on your own could result in more stress than it is worth. Hiring an auto accident attorney familiar with the legal process could relieve some of your anxiety. They can also work to have you fairly compensated for your losses.
A Dedication to Justice
An auto accident lawyer will act as a dedicated advocate and knowledgeable guide. NRS §41.141 outlines state laws governing negligence and liability. Attorneys understand both the law and the tactics insurance adjusters use to work around these laws. Additionally, your attorney will know how to compile evidence and paint a picture of the moments before your collision.
Experience with Litigation
Hiring representation sends a clear message that you are unwilling to settle for less than you deserve. If you file a lawsuit, your attorney will compile evidence, speak to relevant experts, negotiate with insurance adjusters, and present your case before a judge. They can also explain whether Nevada’s statute of limitations affects your case.
Consider How High Stakes Injury Law Can Help You Recover Compensation
So, while there is no information regarding how long it takes for a car accident claim to settle, you should consider how legal representation could help you. People struggling with the aftermath of a car accident can turn to High Stakes Injury Law for help today. Call (702) 707-5934 to speak with a member of our legal team.
Your first consultation is free, and if we accept your case, we work on a contingency-fee-basis. With our team on your side, you do not need to worry about dealing with the financial recovery process.