After being injured in a car accident and filing a claim for compensation, it’s common for plaintiffs to ask how long it’ll be until they receive their money. Being financially reimbursed after an accident is important, especially if someone has been unable to return to work after the accident. It’s important to note that many personal injury cases settle before they ever go to court. But what does this mean, exactly? How long will it take to settle? It’s dependent on several factors.
The Severity of Your Injuries
The damages a person files a claim for will be based on the extent of their injuries. If someone suffers a spinal cord injury and is partially paralyzed, their medical bills and lost wages will be significantly higher than someone who sustains a soft-tissue injury. As such, insurance companies may be unwilling to settle until they conduct a thorough investigation. This means that the timing of your settlement could be dependent on the insurance company’s investigation.
Insurance Company
Speaking of insurance companies, some companies may require that a claim is reviewed by multiple people if it’s over a certain monetary value. Claims adjusters can also pose certain roadblocks to securing a settlement based upon their workload. If a claims adjuster has an incredibly high volume of claims to sort through, this could impact the timing of when you’ll receive your settlement.
It May Not Be Wise to Settle…Yet
In some situations, your personal injury attorney may not believe settling is your best option. If, let’s say, you’re still undergoing medical treatment for your injuries, your attorney may want to wait until your medical bills come in or want to find out if you’re going to need further treatment that should be compensated.
As you can see, there’s no clear cut answer as to when your case will settle. This is why it’s so important to hire an experienced personal injury attorney who will be able to advise you on the best course of action so that your financial award is maximized.
Contact a Fort Lauderdale Personal Injury Lawyer to Discuss Your Car Accident Case in Florida
Did you or a loved one sustain serious injuries due to a car accident in Florida? Don’t let the medical bills pile up while you wait for the negligent party or their insurance company to do the right thing. Right now, you need an aggressive personal injury attorney on your side, fighting to get you the compensation you need, want, and deserve. The skilled attorneys at Gonzalez & Cartwright, P.A. represent clients injured because of car accidents in Davie, Boca Raton, Sunrise, Plantation, and throughout Florida. Call 561-898-0497 or fill out our online contact form to schedule a free consultation about your case. We have an office conveniently located at 813 Lucerne Ave., Lake Worth, FL 33460, as well as offices in Pompano Beach.
The articles on this blog are for informative purposes only and are no substitute for legal advice or an attorney-client relationship. If you are seeking legal advice, please contact our law firm directly.