On average, it takes anywhere from 6 months to 2 years to settle a truck accident claim with Crum & Foster Insurance Agency. If your injuries are serious enough to cause permanent complications, it will probably take between 1 to 3 years before you receive compensation for your medical expenses, pain and suffering, lost income, and other monetary damages.
Injury victims have many questions on their mind, including the case resolution timeline for an accident claim. Unfortunately, there is no “one size fits all” answer we can provide, as each case has unique variables that impact the time and effort that’s required to reach a settlement.
Insurance Claims Process for Commercial Truck Accidents
Any truck accident has the potential to cause lifelong suffering, and even death. Thus, it’s extremely important to figure out how and why you were injured and go after the parties that are responsible. Those who lost a family member in a truck accident can also look into the possibility of filing a wrongful death lawsuit.
Filing a claim with Crum & Foster or another company that insured the truck is the first step to receiving compensation as an accident victim. If you and the insurance provider cannot agree on the compensation that is owed, you may have to file a personal injury lawsuit, which is even more complicated than an insurance claim.
Because of the extensive timeline for these cases, it’s essential to hire an attorney who is skilled and efficient in accident claims with commercial truck insurance companies, like Crum & Foster Insurance Agency.
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What Factors Affect How Long It Takes to Settle a Truck Accident Case?
- The severity of injuries you sustained from the accident. The more serious your injuries and health complications, the longer it may take to settle your claim.
- If there are complex legal matters such as negligence by a government agency or if numerous parties contributed to the accident.
- The amount you are asking for, which is relevant when the victim has catastrophic injuries or passes away due to the extent of their injuries.
- The specific evidence you have and how compelling they are in showing that the defendant is legally at fault. The proof you submit must be reviewed by the attorney for the party you are suing, and this will certainly add to the timeline to settle a Crum & Foster truck accident injury claim.
- It’s extremely rare that a trial becomes necessary, meaning that most claims are settled during the claim or lawsuit stage. However, if all the parties that are involved hit an impasse after so many months of negotiating, trying your case in court may be the only option.
What is Required to Reach a Settlement with Crum & Foster?
The exact steps that are required will vary somewhat from one case to the next, but the following process applies to truck accident claims as a whole:
- Filing the claim and proceeding with a lawsuit if necessary. To avoid mistakes and delays with your claim, make sure to hire a California truck accident attorney as soon as possible.
- Conducting an investigation, which involves reviewing evidence, checking for negligence or misconduct by the driver and trucking company, finding witnesses, and seeing if there were mechanical issues that could have caused the accident.
- Figuring out which parties are liable for the victim’s injuries and what percentage of blame should be assigned to each individual / entity.
- Attempting to negotiate a fair amount of damages with the insurance company. To ensure that you are not taken advantage of, make sure to have your attorney review all settlement agreements.
- If you are able to come to an agreement, signing off on the settlement agreement and receiving the funds you are entitled to.
- If a settlement cannot be negotiated, preparing for a trial to recover your monetary losses.
Time Spent on Each Stage of a Truck Accident Injury Case
The number of weeks, months, or years that are involved in settling a truck accident claim is not something we can predict ahead of time. But it may be helpful to learn about the stages of an auto accident case, starting from when you file an insurance claim.
Filing the claim
Though you are not legally required to do so, it’s in your best interest to hire a lawyer right from the start. Truck accidents involve numerous complications that are difficult to deal with on your own. You can also end up saying something to an insurance adjuster that harms your case, which is why it’s a good idea to have a lawyer handle all communications with Crum & Foster Insurance Agency.
Accident investigation
After the filing of a claim with Crum & Foster, your attorney will set out to investigate the accident and figure out exactly what happened, who is at fault, and which legal violations and acts of negligence were involved.
This process can sometimes take 6 or more months, based on the type of accident, whether multiple parties are at fault, and various other factors.
Gathering Evidence
Some evidence is much harder to locate and obtain than others, which is why this stage of an accident investigation can take up to several months.
Preparing for Negotiations
After your lawyer has built a strong and solid case, they will reach out to Crum & Foster to initiate the settlement phase.
Signing the Settlement Agreement
Upon receiving a settlement offer from the insurance company, you and your lawyer will discuss whether it’s a fair amount, but ultimately, it’s up to you to accept or reject the offer. Depending on how many offers need to be exchanged and the wait times it between, settlement negotiations can take several weeks to 6 or more months.
Heading to trial
We want to be clear about the fact that over 90% of claims with Crum & Foster do not require a trial. But if this is a last resort that you need to explore with your attorney, going to trial can add 2 or more years to the settlement process.
How can I Get my Settlement Faster?
By understanding all the variables that are involved, it’s clear that there are a lot of things that can hold up the settlement process. But is there a way to speed things up? Below are some of the recommendations for how to speed up a truck accident settlement case:
- Retain a lawyer who has many years of experience in the recovery of truck accident settlements and jury verdicts on behalf of their clients.
- Collect and organize evidence, such as medical records, police reports, letters / emails from the insurance company, proof of lost wages, and damage to your vehicle.
- Have a sense of what your damages are worth, while willing to negotiate in good faith and compromise with Crum & Foster.
- It will be difficult, but be patient and remind yourself that truck accident injury cases normally take longer to settle than a standard car accident claim.
Contact a Truck Accident Lawsuit Attorney
Insurance companies like to give off the impression that they are on your side when there is an accident. But their actual concern is settling your case for the lowest amount, or even better, finding a way to deny you compensation altogether. That’s why legal representation is so important, whether you have just been injured or you have a pending claim against Crum & Foster Insurance Agency.
When you join the Normandie family, you are protected by the Zero Fee Guarantee. All attorney’s fees are covered by the defendant and paid at the same time as your settlement check. Thus, we can assure you that you pay $0 upfront, and you pay nothing if you do not receive compensation at the end of an insurance claim or lawsuit.
We are happy to meet with you for a free consultation, so please get in touch if you would like to discuss your rights and legal options.
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