We estimate that a truck accident claim filed with Republic Group Insurance will take between 6 and 12 months to settle. But there are many cases that take longer – perhaps between 1 and 2 years – due to the severity of injuries, complexity of the investigation, and many other factors. That’s why the actual timeframe to reach a settlement for a truck accident can be anywhere from 3 months to 3 or more years.
Cases that go to trial take the longest to resolve, but there are very few lawsuits that are tried in court. Still, accidents where someone died or the victim is left with disabling injuries normally take between 12 to 18 months on average, even if the involved parties are able to settle the matter privately.
Why Truck Accident Claims Take So Long to Settle
The stress of working through an accident claim and fighting for the funds you deserve can be very stressful, and much of the frustration has to do with how long it takes to settle these cases.
We understand the need to move forward from this painful chapter in your life. Insurance companies understand this too, and that’s why you may hear back from them with a settlement offer right after the accident. Before you agree to anything, please talk to a truck accident lawsuit attorney at our law firm. We are happy to provide you with a free consultation and help you decide on the best course of action.
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How Your Case Value Affects the Length of Time to Settle a Claim
The damages you are entitled to as an accident victim can be in the 6 to 7 figure range for serious, long-term injuries. Those who have lost a loved one to a commercial truck accident may also be eligible for compensation in the amount of $500,000 and above. As a general rule, high value cases take much longer to resolve, as it’s in the insurance company’s best interest to reduce their liability and pay you the lowest amount. So, you can expect considerable resistance from Republic Group Insurance, along with legal complications that cause delays and interruptions.
Can I Settle My Claim Without Filling a Lawsuit?
If the insurance company is willing to negotiate in good faith, there’s a good chance you can work out a settlement agreement amongst yourselves, though it’s highly recommended that you have any settlement offers reviewed by an attorney. This is the ideal solution, since it will ensure the speediest resolution to a truck accident injury case.
Unfortunately, there are plenty of scenarios where the insurance company isn’t playing fair, and this is where a lawsuit may be necessary. Keep in mind that lawsuits are extremely complicated endeavors, so you should hire a personal injury lawyer right away. And yes, moving froth with a lawsuit will add 6 or more months to the settlement timeline. But your patience will pay off when you end up with the right amount of compensation to cover your medical expenses, lost wages, and other financial losses.
Do I Need to Get an Attorney?
No, you can choose to represent yourself in a truck accident insurance claim with Republic Group Insurance. But doing so leaves you without reliable advice and guidance as you attempt to navigate the legal system. You may also struggle to obtain evidence and documentation that’s needed to build a strong case and prove that you are owed a certain amount of compensation. Overall, hiring a truck accident attorney from day one is the best way to protect your interests and settle an insurance claim in the most efficient manner.
What Factors can Slow Down the Settlement Process?
Claimants are usually interested in closing their case in the most expedient manner, so they often disregard the subject of what can slow things down. But it’s important to understand these variables, considering that truck accident claims take longer to settle than the average car accident case. Issues that can prolong a settlement with Republic Group Insurance include:
- Higher case values
- Disabling injuries or death
- Insufficient insurance coverage
- Liability shared by multiple parties
- If the claimant is partly at fault
- Pre-existing health conditions
- If litigation (lawsuit, and possibly a trial) is needed
Wait Time to Receive Your Settlement Check
Once you and Republic Group Insurance agree on the amount of compensation, you may need to wait anywhere from 2 to 6 weeks before the check is issued. Keep in mind this is an estimate, but it’s safe to say that a few weeks may go by before the check is mailed out by the insurance company. The wait time has to do with releases and contracts that need to be reviewed and signed by all the involved entities. But once this process is complete, the check should be sent out promptly.
How to Settle a Truck Accident Claim Faster
By now, you have a sense of the elements that can impact how long a truck accident claim takes to settle. The key is to eliminate errors and delays as much as possible, and working through unexpected complications as they arise. This is why it’s worth it to obtain representation from a lawyer that specializes in commercial truck accidents.
Our law firm is here to assist you day and night, and we promise to be there every step of the way, no matter how long it takes. While we can’t guarantee a specific timeframe, our legal team has the necessary skills and experience to negotiate a favorable settlement or jury verdict on your behalf.
Deadline to Sue for Injuries from a Truck Accident
As with any other state, lawsuits must be filed within a specific amount of time, which is known as the statute of limitations. California law imposes a deadline of 2 years to file a personal injury claim, starting from the date of the incident. Since there are very few exceptions to the statute of limitations, it’s imperative that you start the legal process immediately. The truck accident lawyers of Normandie are ready to help. For assistance with initiating an insurance claim with Republic Group Insurance, don’t hesitate to give us a call.
Contact Normandie Law Firm
Truck accident victims and their loved ones receive a Zero Fee Guarantee from us, starting from the very first consultation. That means we take your case on contingency instead of charging you upfront for the cost of legal services. Upon the recovery of your settlement, a portion of the funds is set aside to pay for legal fees. And if we fail to win your case, you have no obligation to us whatsoever, so your finances are never at risk.
We look forward to hearing your story and educating you on your rights and legal options. Contact us today and schedule a free case evaluation.
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