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How long does it take to settle a car accident claim?

On Behalf of | Feb 15, 2023 | Car Accidents

A common question many have when filing a car accident claim is how long it will take to get compensation for the harm or losses suffered. Understandably, you want to move on with your life as soon as possible, and getting compensated will go a long way in helping you achieve that.

However, there is no straightforward answer. Every personal injury claim is different, and the time it takes to settle varies depending on several factors. Here is what you need to know.

The circumstances of your claim matter

The complexity of your claim and the severity of your injuries will affect the time it takes to settle. For instance, assessing damages for a claim involving traumatic brain injury is more complicated than when it only involves a sprained ankle or other minor injuries. Similarly, it will take longer to settle your claim if there are multiple liable parties.

Another factor that may impact your claim is whether you can agree with the insurer on a settlement offer. When you cannot agree on the compensation, your claim may have to be settled in court. It could significantly extend the time it takes to conclude.

Other external factors, such as the insurer’s goodwill, can also influence the duration of your claim. Bad faith insurance practices like delaying investigations can considerably lengthen the time it takes to settle your claim.

Protect your interests after a car crash

Justice delayed is justice denied. You do not want to wait forever for compensation after a car crash. At the same time, you do not want to get less than you deserve in a rushed process.

Therefore, it is best to seek legal guidance on what you can do to protect your interests and ensure you do not get shortchanged.