On average, it takes about 16 months to reach a settlement in a workers' compensation case, which could involve a court hearing or a settlement agreement. Workers' compensation cases can sometimes be resolved quickly, in a matter of weeks or months, but most often they take years to resolve. Fewer than 20% of cases are resolved in the first six months, while approximately half of workers resolve their claims within a period of 13 to 24 months. Once you, your Personal Injury Attorney near Isle of Palms SC, the defendant and your claims adjusters agree on a figure, the settlement process goes through several steps before you receive a settlement check. This process may take a while to complete.
You can usually expect to receive your compensation within a month. However, some insurance companies may delay the issuance of settlement checks for any reason. Once your attorney has calculated the amount of your losses, you will send a letter of claim to the at-fault party's insurance company. This letter will detail your injuries, the basis for your claim, and the amount of compensation you are seeking.
The insurance company will then review your demand and may respond with a lower settlement offer. Your lawyer will negotiate to help you receive the maximum compensation possible. This process can take anywhere from a few weeks to several months, depending on the complexity of your case and the insurance company's willingness to resolve your claim. Therefore, while a relatively simple claim may take about six months to resolve, the most challenging cases may take three years or more to come to an end. Medical malpractice claims can often be more complex to investigate and therefore take longer to resolve.
A claim can often take 12 to 18 months to resolve, or longer if it's a complex case or if liability is being discussed. In simple cases, the negotiation of an agreement usually takes between three and nine months. Negotiations can be more complicated if you have serious injuries or if they argue that someone else was at fault or that your injuries are partly your fault. In Texas, insurance companies have five business days after notifying the injured party that they will pay a personal injury claim or part of the claim to issue a settlement check. So, imagine that you rushed to file a personal injury claim before you fully recovered, then you received the full and final payment from the other party, and then your injury turned into something much worse that required or deserved greater compensation.
It's very difficult to estimate how long it will take for a personal injury claim to be resolved, since, naturally, every incident is different. Once the company receives this document, it will process your payment and will write and mail a check to your personal injury attorney's office with your name on it. Partnering with an experienced Illinois personal injury attorney can make a difference in ensuring that you receive the compensation you deserve.