Factors Behind Your Car Accident Settlement Timeline

Auto Accident Lawyer

After suffering injuries due to a car accident, you have the right to file an accident claim. Before you file the claim, it’s natural to wonder how long it’s going to take. After all, when you suffer damages, you’ll want compensation as soon as possible. It’s difficult to narrow down exactly how long it will take for you to receive your settlement, however. It can take as little as a few months to several years.

What Contributes to Your Timeline?

There are many factors involved when it comes to your car accident claim timeline. Some factors include:

  • How complicated your case is
  • How serious your injuries are
  • How much fault you have
  • How quickly the insurance company responds
  • How much money you are asking for

When it comes to filing a claim for damages after a car accident, there are a lot of considerations involved. This is why it is almost impossible to predict how long every person’s claim will take to settle. When you discuss your case with an attorney, he or she may be able to give you an estimated timeline.

How Long Will it Take to Reach a Settlement?

When you file a claim, odds are you are looking forward to the settlement. After all, the goal is to recoup your losses after an accident. Once your fault has been determined and your lawyer has come up with a dollar amount to ask for, you may still have some waiting left to do.

Generally, the insurance company will make an offer once they accept your claim. Your lawyer will have an idea of what you deserve and can advise you on whether you should accept the offer or deny it. If you reject it, then you can negotiate for a higher settlement. If this results in a back and forth negotiation with no resolution, then you can file a lawsuit against the company for compensation.

If you accept a claim right away you will receive the settlement sooner. Of course, you also don’t want to accept less than you deserve based on the timeline. Once a lawsuit goes to court, however, it can take much longer.

If you have a straightforward settlement, you may receive compensation sooner. This is because it requires less work. The best way to receive your settlement as soon as possible is to file the claim shortly after an accident. Contact an auto accident lawyer, such as from Barry P. Goldberg, as soon as possible to discuss your options.