How Long Does it Take to Settle a Waldorf, MD Auto Accident Insurance Claim?
As with any type of settlement, the unique facts and circumstances of an auto accident will determine how quickly the insurance claim can be settled. That being said, four weeks is probably the fastest that an insurance settlement for a Waldorf, Maryland, auto accident can take. This is because the insurance company involved will have to conduct its own review and investigation of the accident and any injuries that occurred. Such an investigation will take at least a week or two.
Thereafter, reports must be written and reviewed. Insurance company underwriters, medical professionals, attorneys, and others must decide what the insurance policy requires, given the accident and the injuries. Then an offer has to be prepared, and some sort of negotiation must be undertaken. The fastest this can occur is about four weeks, AND only if the accident and injuries were the most basic and simple. The rule of thumb is the more serious the injuries, the more time the settlement takes.
If you have been injured in a Waldorf, Maryland, car or auto accident, contact us here at the Law Office of Robert Castro. Our number is (301) 870-1200. You need experienced and top-tier Maryland car and auto accident attorneys to ensure that you get your maximum insurance settlement. If you try and settle an insurance claim without an attorney, the insurance company will try to “lowball” you. You will end up with a lot less than you deserve — a lot less than you are entitled to under Maryland law. Victims are entitled to FULL compensation.
Aside from “simple” cases, more typically, it takes about six to nine months to settle a Waldorf, Maryland, auto accident insurance claim. This assumes that there are no major factual or legal disputes about what happened in the accident, who was at fault, and what the insurance policy covers. The reason more time is needed is that the injured parties must be fully evaluated and receive all of their medical care. Again, the more serious the injury, the more time the settlement takes. As an example, in one insurance settlement that was negotiated, the seven-figure settlement took about 14 months. The victims were parked well off the shoulder of a highway on a small cliff area with an ocean view. A pickup truck came veering around a corner, and the driver lost control of the truck. The truck hit the parked vehicle and then rollover down the cliff. The driver of the pickup did not survive. One of the victims suffered severe injuries to her leg, requiring several reconstructive surgeries. These had to be done in a series and could not be done all at once. Thus, serious settlement negotiations could not be conducted until all of the surgeries were completed, along with all of the rehabilitative therapies.
Contact Waldorf, MD Personal Injury Attorney Robert Castro Today
This article has been provided by the Law Office of Robert Castro. For more information or questions, contact our office to speak to an experienced Maryland personal injury lawyer at (301) 870-1200. We are Waldorf, MD, Personal Injury lawyers. Our address is 2670 Crain Highway, Waldorf, MD, 20601.
