A month to more than a year
While you may have to sacrifice a portion of the settlement in return for quick payment, this may be worth it. Due to their large size and official nature, settlement checks may take two weeks or more to clear into your lawyer's trust account. Once the full settlement amount has cleared, your lawyer will keep his agreed-upon portion of the settlement and issue the remainder to you by check. Depending upon the circumstances surrounding your accident, you may also be entitled to reimbursement for psychological pain and suffering. The at-fault party's insurance company is typically responsible for paying out these damages. It is usually as simple as that. The main facts determining how an accident settlement comes out are how well you have prepared all stages of your claim -- investigation, supporting documents, and demand letter -- how much you are willing to settle for, and how much of a hurry you are in to settle.  Liability Claims. Liability claims usually take longer to settle than physical damage claims. If you are injured in a car accident, you must file a claim against the responsible party's liability coverage to pay for your medical expenses, lost wages and any other financial damages you suffer as a result of the crash. If you live in a no-fault state, your own insurer will settle your case. 1 1. After a serious car accident people frequent want a prompt settlement of their car accident injury claim. There are however several considerations that go into determining how long the settlement process will take and whether or not it is in your best interests to try to settle as quickly as possible. This article will explain how the amount of time your car accident settlement will take is dependent upon how long you spend receiving medical treatments followed by how long settlement negotiations take. The settlement proceeds from a personal injury case usually come from the insurance company of the at-fault driver. The professional adjusters and other employees of that insurance company do not look out for you, their job is to look out for their employer and pay you as little Settling a car accident claim may take days, or it may take months. The length of time depends on the amount in question and the facts of each case. As you work with your insurance company, you need to keep in mind that there are deadlines for you to file a lawsuit should negotiations fail. TIP: Insurance claims adjusters have a car accident settlement range and will typically begin at the lowest figure. Their job is to settle the claim for the least possible amount of money. If you've been in a car accident, you are probably anxious to settle your claim and receive the money you need to put your life back together. Injury settlements usually take longer than physical damage settlements for your vehicle. If you are injured in a car accident, you must file a claim against the responsible party's liability coverage to pay for your medical expenses, lost wages and any other financial damages you suffer as a result of the crash. If you live in a no-fault state, your own insurer will settle your case. Your car insurance should help you recover from an accident. The settlement process of a car accident claim can take anywhere from a month to more than a year to complete, but various factors relevant to your case can influence the processing period. Knowing the odds will help you take the guesswork out of waiting for your settlement check.  If you or someone you know has been injured in an auto accident get a free on-line consultation or call 1-800-553-8082. 1  Example of a Demand Letter: example of a demand letter in a personal injury case. 2  The Value of Your Case: information on how personal injury cases are valued for settlement. 1 Example of a Demand Letter: example of a demand letter in a personal injury case. 2  The Value of Your Case: information on how personal injury cases are valued for settlement. 3  8 Mistakes You Make on Your Own: what the insurance companies do to take advantage of you. 4  An example of how insurance companies do this. 1 The Value of Your Case: information on how personal injury cases are valued for settlement. 2  8 Mistakes You Make on Your Own: what the insurance companies do to take advantage of you. 3  An example of how insurance companies do this. 4  Settlement Formula: is there a settlement formula in car and truck accident cases. 1 Example of a Demand Letter: example of a demand letter in a personal injury case. 2  The Value of Your Case: information on how personal injury cases are valued for settlement. 3  8 Mistakes You Make on Your Own: what the insurance companies do to take advantage of you. 4
http://thelawdictionary.org/article/how-long-will-it-take-to-get-a-settlement-from-a-car-accident/ http://www.nolo.com/legal-encyclopedia/how-the-negotiation-process-works-injury-case.html http://www.ehow.com/info_8605322_long-settle-auto-accident-case.html http://ezinearticles.com/?How-Long-Does-a-Car-Accident-Settlement-Usually-Take?&id=4964658 https://insurance.freeadvice.com/information/auto/article/60 http://www.ehow.com/info_8605322_long-settle-auto-accident-case.html http://budgeting.thenest.com/long-usually-insurance-company-offer-settle-auto-accident-case-24760.html https://www.millerandzois.com/settlement-how-long.html https://www.millerandzois.com/settlement-how-long.html
how long does a car accident settlement usually take