The auto insurance settlement process takes around three months from start to finish, on average. Insurance companies in California have strict deadlines within which they must respond to initial claims, complete investigations, decide whether or not to approve the claim, and mail checks. If you are unable to reach an agreement, your case will go into litigation, which will begin the discovery process. It's important to note that even if your case starts the litigation process, your lawyer can and will continue to negotiate with the insurance company to reach a settlement.
The discovery process can take anywhere from several months to a year, so it's not uncommon to reach an agreement before a trial actually starts. This outcome is especially common if, as you progress through the discovery process, the strengths of your case become more evident. In general, the negotiation process of the agreement usually takes a few weeks to a few months. If all goes well, you and the other party will agree to a fair settlement for your damages.
The average time frame to fully resolve a car accident insurance claim varies greatly depending on whether the claim involves personal injury or only property damage. If the claim is limited to damage to the property of the vehicle (without injury), the resolution of the claim should not take longer than 6 to 8 weeks. If you claim personal injury related to the accident, the deadline for resolving the claim is 8 to 16 months. After submitting a complaint according to the relevant bills and medical records and other information needed to resolve the claim, the insurance company takes time to evaluate the claim.
Most injury claims shouldn't take longer than three weeks. Your accident lawyer needs to follow up with the insurance company to keep your case front of the line. If your car accident or other accident caused you only minor injuries and the other party doesn't dispute fault, you can resolve your insurance claim in as little as 30 days. This could be the case if you immediately report the accident to the insurance company, do not delay in accepting your claim and accept the proposed settlement amount.
Most insurance companies intend to resolve claims within 30 days. However, a quick settlement may not produce the best possible results for you. When it comes to determining how long a deal negotiation will take, the answer may vary. The average trading of the settlement takes one to three months once all the relevant variables are presented.
However, some agreements may take much longer to resolve. Most states protect consumers by encouraging insurance companies to handle accident claims If you suffer a personal injury in an incident, such as a car accident, that you did not cause, your attorney may seek compensation on your behalf from the liability insurance company of the guilty party. So, there may be nothing your accident lawyer can do because lawyers are waiting for medical records or waiting for the insurance company to respond. We face insurance companies to fight for fair compensation for victims of car accidents, truck accidents and motorcycle accidents.