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Personal injury cases are more complicated than they may seem. Several parties must work together to resolve a case causing delays and disagreements. Personal injury attorneys constantly battle to ensure their clients are treated fairly and receive the compensation needed to cover their total accident-related losses.
While accident victims would like this process done quickly, rushing through a settlement could end up costing them in the long run.
No two personal injury cases are the same. Each has its own set of circumstances and damages. That is why the average time to settle a personal injury claim can vary from six months to three years.
Several factors account for the time it takes to settle a personal injury case. These may include:
For example, a simple car accident case with minor injuries could settle in as little as six months. However, a commercial truck accident in San Antonio with serious, life-altering injuries and multi-party liability could take as long as three years to resolve.
Insurance companies may attempt to settle a personal injury case early or before an accident victim completes their medical treatment. Settling a personal injury case prior to a full medical release is a mistake.
Once a settlement agreement is signed, an accident victim cannot make any additional accident-related claims. They signed away their right to do so and must pay for overages out-of-pocket.
Settlement negotiations typically begin when an accident victim reaches maximum medical improvement or MMI. This is the point where medical treatments have been exhausted, or an accident victim reaches their treatment plateau.
Once a victim is at MMI, their attorney will collect all of the medical records and billings. Then, the victim’s attorney will work with experts to calculate the victim’s total medical losses to date and estimate any future accident-related medical needs.
Regardless of the time spent in settlement negotiations, a personal injury case must be filed on-time. With few exceptions, Texas personal injury lawsuits have a two-year statute of limitations or filing deadline.
Accident victims who neglect their case’s statute of limitations permanently lose the right to recover compensation for their losses.
The faster you contact an experienced San Antonio personal injury attorney, the sooner work will begin on your accident case! Reach out to The Aguirre Law Firm, PLLC, today for a complimentary case consultation!
We can advise you whether you qualify for compensation for your injuries and what your deadline is to file your personal injury case. The Aguirre Law Firm, PLLC, is a client-focused, bilingual San Antonio law firm.
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