How Long Does It Take To Get a Car Accident Settlement?

Car accidents can cause considerable damage and expenses, and for many, getting injury compensation as soon as possible is essential. Unfortunately, the process isn’t as streamlined as you might hope. You may have to wait some time before you can get a payout.

Keep reading to learn how long it takes to get a car accident settlement from the team here at The Lopez Law Group, Weslaco car accident injury lawyers. We’ll review how long it takes to reach each stage of the claims process. Keep in mind that most cases won’t reach all 5 stages. 

Stage 1: Filing an Insurance Claim

The first place that most people will turn to get compensation following a car accident is an insurance provider. After an accident, you will have a limited amount of time in which to file a claim. This time will vary depending on the policy involved but will usually be under a year. You can figure out how long you have to file by talking to your insurance adjuster or a Weslaco personal injury lawyer. Remember that the things you say to your adjuster could hurt your claim.

Stage 2: Getting Insurance Coverage

After you file an insurance claim, the insurance company has 35 days to investigate your claim, make a judgment, and complete payment. However, in some cases, the insurance company may be able to request an extension to conduct further investigation. If your claim takes 60 days or longer, you can file a lawsuit against the insurance company for bad faith insurance practices.

Stage 3: Filing a Personal Injury Lawsuit

If you can’t file an insurance claim or the insurance company is denying your claim, you may need to file a personal injury lawsuit with help from a Weslaco personal injury attorney in order to get compensation. Like with an insurance claim, you will have a limited amount of time in which to file an injury lawsuit. You will have two years from the point of your accident to file a suit for financial relief.

Stage 4: Getting a Personal Injury Settlement

After a personal injury lawsuit has been filed, your Weslaco personal injury lawyer will negotiate with the insurance company or at-fault party’s attorney on your behalf. This process can take a considerable amount of time. In many instances, you can expect to wait a year or even several years before getting financial relief.

Stage 5: Going to Trial

The vast majority of personal injury lawsuits are settled long before they reach a courtroom. However, some cases do go to trial. If your case goes to trial, you can expect things to take even longer. Getting personal injury compensation from a trial will usually take several years.

Get a Car Accident Settlement With Help From Weslaco Car Accident Injury Lawyers

As you can see, the process for getting compensation after a Weslaco car accident is complicated, and it can be difficult to know what steps to take. That’s why you shouldn’t go it alone. If you’ve been injured in a Weslaco car accident caused by someone else, get help from a Weslaco car accident injury lawyer to seek compensation.

Here at The Lopez Law Group, we’re dedicated to helping victims of personal injury accidents seek justice, and we would be proud to fight on your behalf for car accident compensation. Don’t face the insurance company on your own. Get help from a Weslaco car accident lawyer from The Lopez Law Group.

If you’ve been injured or lost a loved one in a car accident, get help from the experienced Weslaco car accident injury lawyers at The Lopez Law Group.

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