As a victim of an auto accident, you might worry about how long do car accident settlements take because medical expenses and lost income can add up quickly. The auto accident settlement timeline to receive your check is unique to your case, and your lawyer can provide the best estimate. Typically, settlements can take anywhere from a few months to several years depending on the complexity of your case.
Each car accident lawyer in our firm, The Kryder Law Group, LLC Accident and Injury Lawyers, understands the urgency of getting your settlement check to you and is dedicated to helping our clients get the fair compensation they deserve as quickly and efficiently as possible.
Settlement Check Timeline
Each auto accident case is unique, so there’s no exact timeline for settling an injury claim. However, several factors can affect how long the car accident claim settlement process takes:
- Severity of Injuries: The more severe the injuries, the higher the medical bills, the longer settlement could take.
- Insurance Coverage Limits: If the at-fault driver’s coverage is sufficient to cover your damages, the process may move more quickly.
- Disputes or Delays: Disagreements over fault, the extent of injuries, or other factors may delay reaching a resolution.
Car Accident Settlement Timeline for an Insurance Company Payout
In Illinois, once a settlement agreement has been reached, the insurance company generally has 30 days to pay out the settlement check.
How Long Does a Car Accident Lawsuit Take?
Sometimes, a car accident case might go to court if a fair settlement isn’t reached during negotiations with the other party. This can really extend your case’s timeline, as court proceedings might take months or even years to resolve.
Why Is My Car Accident Settlement Taking So Long?
If you are waiting on a settlement check to help pay your medical bills and make up for lost income, even a few months may seem like a long time to wait for compensation for your car accident injuries. Because every car accident case is unique, the reason why your car accident settlement is taking a long time is best answered by your lawyer.
Common Reasons the Car Accident Settlement Process Can Be Delayed
Here are a few common reasons why the auto accident settlement process might be taking longer than expected. Understanding these factors can help you better navigate the process and manage your expectations:
- Lack of evidence: Without sufficient evidence, it can be challenging to prove liability in a motor vehicle accident and arrive at a car accident settlement offer. This is why it’s crucial to gather as much evidence as possible right after a car crash.
- Disputed liability: In some cases, multiple parties may dispute who the at-fault driver is in car accidents. This can lead to a longer settlement process as further investigation and negotiation may be necessary.
- Complex injuries: More serious injuries often need more medical treatment and documentation, which can lengthen the timeline of the case. Understanding your injuries and when you expect to reach maximum medical improvement (MMI) is crucial to accurately determining the compensation you deserve.
- Insufficient insurance coverage: Limited insurance coverage can lead to disputes with insurance companies, and delays in receiving full compensation for damages. This is why it’s important to have an experienced car accident lawyer on your side to maximize your compensation.
How We Can Help with Auto Accident Settlements
At The Kryder Law Group, LLC Accident and Injury Lawyers, we have decades of experience winning car accident settlements in Chicago. We understand the factors that can affect your car accident settlement timeline and are dedicated to a speedy completion.
Each personal injury lawyer on our team works diligently to gather all necessary evidence, get medical records, negotiate with the insurance company, and ensure that car accident victims receive the compensation you deserve in a timely manner.
Schedule Your Free Consultation
If you’ve been badly injured in a car accident in Chicago, contact us for a free consultation. Our experienced attorneys will guide and support you throughout the process to help you get the settlement you deserve.
Every personal injury case is unique, but with our help, you can focus on your recovery while we handle the legal details of personal injury claims and work towards a quick resolution.
The Kryder Law Group, LLC Accident and Injury Lawyers is committed to helping you with your personal injury claim to get the fair compensation you deserve as quickly and efficiently as possible.
(312) 223-1700