One of the most important things to keep in mind when filing a personal injury claim is the fact that the case may take a long time to settle. Of course, a good personal injury attorney will do everything possible to speed the process but in most cases, it is best to wait it out.
Everyone wants to settle their personal injury case quickly but at the same time, no one wants to feel like they were “shorted” on any money either. As your trusted personal injury attorneys in Iowa and Nebraska, you can count on the team at Fitch & Stahle Law Office to advise you on the best course of action for your specific case and needs.
As a general rule of thumb, you can always settle a personal injury claim more quickly, as long as you are okay with taking less money. However, it may be in your best interest to wait it out to make sure you are awarded the maximum settlement amount that you are entitled to. The amount of time that it takes to finally settle your personal injury claim typically depends greatly on the several different factors, including:
Additionally, there is a wide time range for different settlements, which can change greatly if the initial claim escalates into an actual lawsuit. If you are interested in filing a personal injury claim, it is in your best interest to discuss your claim with a knowledgeable and experienced personal injury attorney for more detailed information.
Problems with your case such as proving liability, obtaining medical records and complications with the insurer can all cause the legal process to take much longer. Another factor that may delay your settlement is if your claim involves larger damages or great amount of money. Insurance companies must make sure they have done their due diligence before awarding very large settlements.
There may be circumstances where you feel like you simply cannot wait for a larger settlement because you need the money right away. So how do you determine how much you should settle for? Unfortunately, in these types of situations, there is no simple answer. If you do have a personal injury claim and think that you might want to settle early, the best thing you can do is consult with an experienced personal injury attorney. At Fitch & Stahle Law Offices, we are dedicated to working closely with our clients throughout the claims process to ensure that you feel comfortable in the outcome of your case.
For more information on valuing and settling your claim, visit your Iowa and Nebraska personal injury attorneys online today.