A personal injury claim is applicable when an injury is due to another person’s negligence. Therefore, in this case, there will be a claim for compensation that the at-fault party’s insurer has to pay. It is a legal process where there can be a settlement or trial in the courts.
As there is a legal stakeholder involved in it, this process takes time, and therefore, we must know how much time it will take to settle and the timeline of this whole legal process. So, in this article, we will discuss these procedures. However, you can also learn more about it from RSH Legal – Iowa Personal Injury Lawyers, who will provide the best advice for your case.
How Long Does a Personal Injury Claim Take to Settle Down?
A personal injury claim can take a few months to two years to settle. There are various factors that determine the period for settlement of these claims. Critical factors include the injury’s severity, the length of time for the accident to recover, and the amount of money in dispute.
If we talk about general terms, the settlement would take around 12–15 months. Depending on the above situations, it can also take more time in exceptional cases. So, you must consult with your lawyers so that they will guide you thoroughly in your case.
What is the Timeline for Personal Injury Cases?
- The immediate aftermath of the injury is a phase in which the actions you take immediately after the accident significantly impact your claims. It is essential to seek close medical attention to document the severity of your injuries.
- Finding an attorney in the next phase will be significant work. After the medical condition, finding an eligible lawyer who will help you claim your compensation is essential.
- In the next phase, there will be the process of investigation, in which there will be analysis of medical records, evidence collection, interrogation of eyewitnesses, and establishing other facts.
- Filing a claim is the following process: the victim party will file a claim with all the facts and evidence.
- The following process will involve the discovery phase, and therefore, it takes around 6–12 months.
- In the next phase, there will be negotiation between both parties, and if the at-fault party’s insurance company agrees, the victim party will go for settlement.
- If the settlement is not reached, there will be a trial in the courts, and the final decision will be made by the court. The final verdict will decide the compensation amount, and the victim will collect the compensation based on the decision.