If you’ve been in a car accident, you may wonder how the settlement process works. In most cases, insurance companies will cover the cost of damages to your vehicle. However, if you suffer injuries in the accident, you may be able to file a personal injury claim to receive compensation for your medical bills, lost wages, and other damages.
Car Accident Settlement Process
The settlement process involves various steps, and it might take some time before you reach a final agreement. Here is a common overview of what you can expect:
- Filing a Claim: The first step is to file a claim with the insurance company. You will need to provide them with information about the accident and any evidence you have (e.g. photos, police reports, etc.).
- Investigating the Claim: Once the insurance company receives your claim, they will investigate it to determine who was at fault for the accident. This usually involves speaking to witnesses, reviewing evidence, and consulting with experts.
- Negotiating a Settlement: Once the insurance company has determined who was at fault, they will try to settle with the other party. This usually involves negotiating back and forth until both parties agree on an amount.
- Finalizing the Settlement: Once you settle, both parties must sign off on it. After this, the insurance company will issue a check for the agreed-upon amount.
Filing a Lawsuit
The above process is the most common way to get car accident settlements. However, if the insurance company is unwilling to negotiate in good faith, or if you are not happy with the settlement offer, you may have the option of filing a lawsuit. This is a more complicated and time-consuming process, but getting the compensation you deserve may be necessary.
Seeking the Help of a Qualified Attorney
Getting a qualified car accident attorney to handle your case can make the entire process easier. To start with, a car accident attorney will help to determine if going to court is the best option for you. If pursuing the case further is not in your best interest, the attorney may be able to negotiate a better settlement on your behalf. If going to trial is the best option, an experienced car accident attorney will be familiar with the process and will know how to build a strong case to get you the compensation you deserve.
Car Accident Claim Filing Time Limits
Every state has a statute of limitations that sets a time limit for filing a car accident lawsuit. In most states, this time limit is between six months to one year from the date of the accident. Remember that the clock starts ticking as soon as the accident occurs, so it’s important to act quickly if you plan on pursuing a lawsuit or search for qualified car accident attorneys today if you have been in a car accident and would like to know more about car accident settlements.