If you have never been in a car accident, you might expect to receive a car accident settlement right away. But what if 6 months has passed since your car accident? What if a year has passed since your car accident? You may be asking: why is my car accident settlement taking so long?
This is a great question! We will look some reasons why your car accident settlement may be taking so long.
Why Is My Florida Car Accident Settlement Is Taking So Long
Importantly, there are many potential reasons why your car accident settlement may be taking so long. No two cases are the same. That said, watch the following video for four general reasons why your car accident settlement is taking so long. The video transcript is below.
Your Car Accident Settlement Is Taking So Long Because You Have To Recover From Your Injuries
Importantly, you generally cannot settle your car accident case right away. This is because you need to recover from your injuries before you send a demand letter to the insurance company.
If you settle your car accident claim too early, it is possible that you will not receive the full value of your case. For example, what if a few months after your car accident you learn you will need future surgeries, but you have already settled your car accident. In this event, it is likely your settlement did not include these damages.
Indeed, it is important to recover from your injuries before settling your case so you know the full extent of your damages.
Your Car Accident Settlement Is Taking So Long Because There Are Issues Concerning Liability And/Or Your Injuries
If there are disputed issues on who is fault for the accident or whether your injuries were caused by the car accident, your car accident settlement will take longer. This is because the insurance company will want to conduct discovery on these issues in a lawsuit.
So, when there are questions about liability or your damages, you can expect your car accident case to take longer.
Your Car Accident Settlement Is Taking So Long Because You Have A Serious Injury Case
In my experience, serious injury cases take longer to resolve.
Why is this? In my opinion, this is generally because your damages are much higher and so you can expect more resistance from the insurance company. Indeed, the insurance company will fight if it knows it may have to pay a large, potential settlement.
Your Car Accident Settlement Is Taking So Long Because You Have A Difficult Adversary
Sometimes, you end up having to deal with a difficult adversary. When this happens, car accident cases will take longer to settle.
In my practice, I find the vast majority of attorneys I work with to be professional, fair, and good to work with. But, this is not always the case.
Barthelette Law, Your Florida Car Accident Lawyer
We hope you enjoyed reading, “Why Is My Car Accident Settlement Taking So Long?”
At Barthelette Law, we proudly represent car accident victims! If you have been in a car accident, call us at (561) 246-4137 today!