How long does it take to settle a personal injury claim?
A huge amount of time can be saved if it is determined at an early stage that the accident was not your fault. You may have heard stories of people who’ve waited 6 and 7 years to settle their claim and typically in situations like this it was difficult to determine exactly who was at fault. For example, if there was an issue with the operation of a street light at an intersection and both drivers claim that they had a green indicator, one of the drivers’ insurance company may sue the city and claim that the city was at fault for a faulty traffic lights. As you can imagine, in that case you have two injured parties, two insurance companies, and the city, none of them wanting to pay out any money. These are the kinds of cases that get stuck in court for years. However, if your case involves you being rear-ended and within 8-12 months your injuries have subsided or plateaued there is no reason why your case should not be settled within 15-20 months of the accident and perhaps sooner. If your injuries are extensive and the doctor wants to monitor them for more than a year before he or she can give a prognosis, then the case obviously is going take longer to settle.