How Long Does It Take to Settle a Car Accident Claim in Indianapolis?

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When injured people file a car accident claim in Indianapolis, they usually want to get their payments quickly. This is not surprising since medical bills and vehicle repair costs are often high. Since accident victims are often unable to work for some time, their quality of life can take a hit. However, while it’s possible to get a quick settlement, getting a fair settlement can take months or even years. A car wreck injury attorney in Indianapolis can be helpful in getting a fair settlement.

Settling your claim too soon can mean getting less money, especially if your injuries are serious. Whether you accept the first offer the insurance company makes or not is up to you. However, it’s often best to hire an experienced attorney and let them work to get you full compensation. In this article, we’ll look at why a quick settlement is often not the best idea. We’ll also discuss some of the factors that determine how long it will take for you to get a settlement.

Why Shouldn’t I Settle My Car Accident Claim in Indianapolis Right Away?

Insurance adjusters know you need money to pay your bills. They will contact you shortly after your crash before you’ve even had a chance to calm down. They may tell you it’s in your best interest to take the money now. Many victims who are unrepresented accept the settlement offer right away. If your injuries are minor, you may not suffer any negative consequences from doing so.

However, some injuries seem minor at first but later worsen. Soft tissue injuries can be very unpredictable. The effects of nerve damage or a neck injury can last for a long time. You may need months of treatment and therapy. If you settle your car accident claim before you’ve reached maximum recovery, you probably won’t get full compensation. In most cases, victims release the at-fault party from further liability when they accept a settlement. Therefore, you’ll be responsible for any future costs that arise. That’s why it’s recommended that you contact a car wreck injury lawyer in Indianapolis before you accept any offer. You deserve to get full, fair compensation.

Factors That Can Delay a Settlement

There are many reasons why you may not be able to settle your car accident claim in Indianapolis as quickly as you want. There may be delays when:

  • The other party denies liability. You must prove that the other person was responsible for the car accident. If the insurance company refuses to accept that their client was responsible, your attorney will have to gather additional evidence. Doing so can take a long time depending on the circumstances.
  • It’s difficult to gather your medical records and bills. Your attorney needs to have access to all of your records and bills to maximize your settlement. Car accident claims rely heavily on this type of evidence. However, healthcare providers and billing agencies can take a long time to provide documentation to law firms.
  • Multiple parties were involved in the crash. If more than one person was responsible for your injuries, they may disagree over how the blame should be apportioned. The case may need to be settled in court or through mediation.
  • You have not yet reached maximum medical improvement. This is the point at which you have healed as much as you ever will. Some victims recover fully from their injuries, but others are left with permanent disabilities. You will be entitled to additional compensation if your injuries are permanent. Therefore, your attorney may advise you to wait until you have recovered sufficiently.

Every car accident injury claim is different. You, therefore, shouldn’t compare your case to that of a relative or a friend. No one can tell you with certainty how long it will take to reach a settlement. However, the first offer the insurance company makes is rarely the best one. Working with an attorney can help to ensure you get the damages you really deserve as quickly as possible.

Schedule A Consultation with Stewart|Phelps|Wood Injury Lawyers Today

You are entitled to compensation if you suffer injuries due to someone else’s negligence. Unfortunately, it’s not always easy to get insurance companies to pay up. That’s why you need to hire a competent, experienced car accident injury law firm in Indianapolis. Getting full compensation may take time. However, it’ll be worth it when you get an award that helps you to move on with your life. Our attorneys work on a contingency basis, so you don’t pay until we secure compensation for you. Contact our office today and schedule a free consultation. You have nothing to lose by seeking a legal opinion.

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