Settling a personal injury case can seem like an impossible task. There are many factors to take into account, and the process is often long and complicated. The best way to tackle this challenge is to understand all of the steps that you will need to take before your settlement comes through with the help of an experienced attorney. Contact Idaho Personal Injury Lawyers for more legal assistance.
This article will discuss how long it takes for settlements to come through in different cases, what you should do if your insurance company won’t pay out on time, and various legal terms that may be used during negotiations or at trial.
How Long Does it Take To Settle a Personal Injury Case?
Various factors play into how long an injury settlement will take to complete. This includes:
- The severity of your injuries,
- Whether or not you have health insurance
- The type of case
- How much your legal team has to argue and negotiate with the defendant.
It can take anywhere from a few months or even longer, especially if multiple defendants were negligent in causing the accident that injured you.
In some cases, an injury settlement can be finalized within just a few weeks. This is because these types of cases are usually clear-cut, and there aren’t many factors to consider when deciding on a settlement.
For example, if you were the victim of a car accident caused by an uninsured driver who ran a red light in most states, this would be considered “negligence” – meaning that they didn’t exercise proper care while operating their car.
Your legal team needs to get started on this early so that you can secure yourself financially before your medical treatment starts and expenses come due. If they don’t, you will have to wait until the settlement is in place to receive compensation for your injuries.
What Should You Do If Your Insurance Company Won’t Pay Out on Time?
If a negligent driver injured you or didn’t have existing medical coverage or enough liability protection, you may need to turn to your health insurance plan for help.
When this is the case, it’s essential to speak with a legal professional as soon as possible. This way, you can know when and how much compensation from your injury settlement will be available.
What Kind of Legal Terms are Used in Injury Settlements?
When your case is presented to the insurance company, they may use different legal terms than you would expect.
This includes making an offer for a settlement amount, which can be either fair or unfair depending on how severe your injuries were and what type of compensation will help to cover them.
At this point, your legal team will either accept the offer or move forward with trying to negotiate a higher settlement for you.
If they feel that there is more room for negotiation or there’s still time before trial begins, then it may be possible to ask the court to extend the deadline so you can better prepare yourself financially.
If there is no room for negotiation, your legal team will likely ask the court to set a trial date.
Settling a personal injury case can be difficult, but it becomes much easier when you have the right team of legal professionals on your side. The best way to get started is by finding an experienced lawyer who knows how to handle cases just like yours and has a proven track record in obtaining compensation for their clients quickly and efficiently.
