You’re probably wondering how long it will take for your car accident claim to settle. That will be when you get your settlement. It’s relevant if you’ve been involved in a car accident that wasn’t your fault and have sustained substantial bodily injuries and/or property damage as a result. You can be in a limbo situation until and unless you do receive your settlement.

You may be in quite a predicament after your car accident. For example, you may have incurred substantial medical expenses from extensive bodily injuries. What may make matters worse is the fact that you may not have the funds to pay for this. You also may not be able to work for a certain period of time. The income that you will be foregoing can be financially devastating for you. Your personal injury lawyer in Waterdown will tell you that there are many factors that can and will affect your final settlement.

General Timings of Settlements

Expect claims that are clear-cut and straightforward to be settled in just a few months. It’s especially true of claims where most of the expenses are medical. These are the easiest to determine and calculate. Other cases are more complex and may take several years to settle. They may settle only after you threaten the other party with litigation. There are also some cases that never settle.

What Are the Injuries and How Severe Are They?

This plays an important role in determining how long your case will take to settle and the amount of settlement that you’ll get. As a general rule, more severe injuries settle faster and command higher settlements since the medical expenses are concrete and obvious. There is not much to prove since the injuries are self-evident. Your lawyer will make sure

The Insurance Company

If the defendant has a larger insurance company, expect the settlement time to take longer and expect the company to want to award you a much lower settlement amount. Expect the settlement time to be longer and the final award to be lower if the insurance adjuster has a lot of cases to work with as well.

Factors Relevant to the Accident

The factors that caused the accident may not always be easy to establish or determine. This can also affect the outcome of the settlement and the final settlement amount. Additionally, your lawyer may not want to settle. You may be receiving medical treatment and may have some expenses crop up in the future. You wouldn’t be able to sue again if those expenses were substantial.