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How Much Time Does it Take to Settle An Auto Accident Claim?
Posted: Jun 28, 2020
Met with an accident and struggling when it's not even your fault is quite boisterous. Well, the accident is not your choice but managing the situation properly and coming out of it definitely what you want. Well, you have injured you definitely want your compensation, and why not? after all, it's your right to claim for your damages. But however, there is always an urge to know when all of this is going to end and when will you be compensated. Finally, how much time does it take to settle an auto accident claim?
Usually, it depends upon the approach, being Las Cruses native you may consult personal injury lawyers Las Cruses or car accident lawyers Las Cruses as they can clearly showcase a wider picture in front of you whether your case is straight forward and going to last few months or contains details that are complex and requires a lot of research.
However, there are some factors that affect your settlement timeline and can delay the procedure. Let's address those in details:
Delimiting And Determining The Obligation
The opposite party is directly liable for your damages if the damages have been caused due to negligence of the driver. However, sometimes proving guilty becomes difficult due to their disagreement. So this can really show you a hard time proving them guilty and charge them for settlements
You Injuries Play Major
Well, it is one of the essential factors that definitely affect the timeline to get rid of the situation fast. You may have some serious injuries that may take time to recover and gathering the bills and waiting to calculate ahead is a time-consuming process as you need to wait until all your injuries get recovered. You can ask your doctor to share an estimated time and bill in order to communicate with the personal injury lawyer.
Reaching maximum medical improvement is the point where you are recovered from your injury and now on routine medical treatment.
Before settling be clear that you will not be able to claim compensation for any additional losses.
Reaching maximum medical improvement is the point where you are recovered from your injury and now on routine medical treatment. Before settling be clear that you will not be able to claim compensation for any additional losses.
The Quandary With Delimiting Damages
It's not always when things take place smoothly, sometimes it becomes difficult in proving the injuries are caused due to the accident. And if there is any single in any case insurance company use the point for their beneficiary thoroughly and the whole procedure again takes a step back and everything is delayed till your injuries aren't proven.
Insurance Company Time Taking Procedure
The insurance company needs to pay so definitely they going to give a hard time sharing the reply for your claim. They might delay responding in order to make you frustrate and withdraw your claim.
Though they have particular settlement deadlines such as 15 days to acknowledge the claim, 15 days proving them and filing out with instructions, 15 days to clear the status of the claim, 60 days for final verdict whether the claim is approved or not and 10 days to notify the claim acceptance.
Negotiation And Hiring An Attorney
The status is been clear whether they are going to pay you or not and if not, now it's your call how to take it ahead
n Accept the offer
n Appeal for the claim denial
n Reject the offer for a higher settlement
n filing the case for a good compensation
Well, if you are taking it ahead you may require a lawyer to do all the legalities for you. Now it's your lawyer's turn to take it with the stages: pleading, discovery, pretrial, trial, post-trial.
When You'Ll Receive Your Settlement Cheque
Once you and the insurance company have agreed on a settlement, it almost takes six weeks to receive your cheque. And congratulations you have received your money with all your efforts and sources.
Conclusion
Above mentioned procedure helps you out to calculate the time that your accident settlement claim may take. Though it is a time taking procedure all you need is the correct direction. I wish you all the luck that prevails!
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