How Long To Settle A Personal Injury Case?
As an Auto Accident Attorney in Phoenix AZ, I get this one question rather often. How Long To Settle A Personal Injury Case?
This is determined by on the type of settlement you are looking for. Usually insurance companies wish to hold on to their money, so they will usually give you a lowball offer within the first few weeks or months of the car accident. If you would like to accept their offer, you can get that money pretty quickly, usually within a matter of weeks. If you desire the greatest settlement possible, there is a process in order to get this.
Auto Accident Lawyer in Phoenix AZThe insurance company will want to review all of the health care documents to determine the extent of the injury, and to also determine if the injuries can not be fixed with medicine or surgery. So in other words, what is the maximum medical improvement. This can take months. or maybe even years. Usually this will take months. They will also want to review all of the bills and expenses, so this may take a month or so.
The best settlement will take roughly a year after achieving maximum medical improvement. One tactic to use when dealing with the insurance company is to basically “walk away” from the negotiation. Just say, “I do not accept your offer, and I am taking this to trial. The insurance companies definitely do not want to go to trial, so they will usually raise their offer substantially.
I have seen a client that was offered $6000 for a settlement. The client did not agree to that, so they walked away and prepared for trial. A month before the trial was to begin, the insurance company came back with another offer …$ 25,000. The insurance company did not want to go to trial, as it probably would have cost them more, so they raised their offer.
That is a lot better than the original $6000 offer!
Obviously we can not guarantee this amount will be granted in your case, or that “walking away” will let you quadruple the original offer, but it may be in you best interest to apply this tactic if the circumstances are right.
Once again, the settlement process can take anywhere from a couple of weeks to a couple of years, but if you are ready to invest the time to get a healthier settlement, by all means contact us, because we are an Auto Accident Attorney in Phoenix AZ, and we will help you with your case.
We are willing to take your case to trial if it comes to that.