If you were in a car accident and are expecting a settlement from it, you might want to know how long it will take to get it. If you ask a personal injury lawyer this question, he or she will tell you that it could take anywhere from a few months to a few years for this to happen. This is a huge time span, but that is because there are a lot of factors involved with settling car accident cases, and here are a few important things you should know if you are in this situation right now.
You Can Settle Faster if You Agree to Less Money
If you are in a big rush to settle and receive the money owed to you from the accident, you should realize that you can get it faster if you agree to accept less money. In fact, the sooner you agree to the offer, the less money you will likely receive for your case. Insurance companies tend to offer lower settlements at first, simply because they can get by with paying less in many cases if they can settle quickly. If you want your settlement now, just agree to the amount the insurance company is offering, and you will receive the check within a few weeks.
It Will Take Longer if There Is Not Enough Evidence
Secondly, you should understand that there are times cases take a long to settle due to a lack of evidence. If your case is not crystal clear about the fault in the accident, it will probably take longer for you to settle it. If there is not enough evidence to prove what really happened, your lawyer will need to hire experts for help in evaluating the information that you have about the case.
You Should Wait as Long as Possible if You Have Major Injuries
The other thing to know is that you should not rush into settling if you have a lot of major injuries from the accident. Instead, you should take time to allow the injuries to heal to a point where you are as good as you will ever be, and lawyers often call this medical maximum improvement (MMI). If you do not wait long enough, you might not receive enough compensation for your injuries.
Settling any type of personal injury case often takes time, and reaching a settlement is never something you should rush to do. If you have questions or need advice about your situation, contact a law office like Hodge Law Firm today to learn more about your options.