If you filed a personal injury claim after an accident, you are likely eager to settle your case and move forward with your life. Many factors can impact how long a personal injury claim takes to settle, including the severity of the injures, available experts and evidence, and the likelihood of receiving a settlement in general.
The attorneys at Coffey Trial Law prepare for all scenarios and do everything in their power to ensure that your case resolves quickly and that you get the financial support you deserve. Give us a call today: 954-541-3194.
How long will my personal injury claim take to settle?
It depends. Some cases resolve shortly after the medical treatment for the injury has concluded. Others may remain in process for several months or years if they are complex. We usually resolve cases between 12 and 18 months after filing a lawsuit. We quite often are called to pick a jury less than 12 months after we file suit because we work on a small number of large cases and we have implemented efficiencies in our law practice.
Remember that there is no guarantee that your claim will result in a settlement, but assuming that your case does settle, the amount of time that will transpire before you reach a settlement will vary.
What could delay my settlement?
If your case is taking longer to settle than expected, there is typically a reasonable explanation for the delay. Some of the most common delays result from the following issues:
Problems with the Case
To have a successful lawsuit, you will have to prove that you suffered damages and that the other party is liable for those injuries. In some cases, it may be difficult to prove liability and without the appropriate experts, insurers may not be willing to make a reasonable offer. Insurers may also fail to make a reasonable offer if there is uncertainty about whether your injuries were caused by the defendant’s negligence. Our attorneys will make sure that physicians and other experts testify on your behalf to ensure that you get a timely and reasonable settlement offer.
Large Potential Payouts
In cases where the accident victim suffered serious injury, the amount of recoverable damages can be significant. Insurers will do whatever they can to avoid paying out large sums of money.
As a result, they may come up with a defense to your claim or attack your credibility. They may even claim that your injuries are not as severe as you make them out to be. Insurers know how badly you may need compensation and will delay a settlement to get you to accept less money.
Not Reaching Your Point of Maximum Medical Improvement
In order for our attorneys to accurately value your damages, you will want to wait until you reach the point of maximum medical improvement, or MMI. If you have reached your MMI point, that means that your injuries will not heal any more than they already have. Settling before you reach MMI may result in less compensation. That is why many patients decide to delay settlement until they have reached that point.
Should I accept less money to speed up the process?
We do not recommend you settle for less than you deserve.
Accident victims often face a difficult decision when considering settlement. They can either settle early and take less money or go through a longer process for the chance at a larger payout. While we do not recommend you settle for less than you deserve; however, we understand how stressful it can be to put off settling when your medical bills are piling up.
If you decide to wait it out, we can see if doctors will wait for settlement or look at other options for payment. Our attorneys will help you decide what is best for you and your family.
If you are involved in a personal injury case, your case may take anywhere from a few weeks to a few years to settle. Coffey Trial Law will assist you every step of the way and work to make sure that your case settles as quickly as possible. Call 954-541-3194 and discuss the timeline for your claim with our staff.