Accidents involving commercial trucks are not rare occurrences California, as you are probably aware from your daily commutes and watching the news. You may have had some close calls over the years with semis and other trucks and counted yourself lucky – that is, until you are injured in such an incident.
When we are out on the road, it’s easy to assume that others are following the rules and paying attention to what they’re doing. But there are many cases of negligent or reckless driving, and as a result, you could be harmed in a car crash or another accident that’s caused by a truck. Being hit with a truck is exceptionally dangerous and likely to result in numerous injuries. Death is a possibility as well, considering that commercial trucks and much larger and heavier than the average automobile.
As someone who was injured in a truck accident, you can file a claim with the liable party’s insurance company for monetary compensation. If the truck that harmed you is insured by Transguard Insurance Company of America, you may be waiting for your claim to settle and wish to know just how long the process will take.
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How Long Do Transguard Accident Injury Claims Take to Settle?
Truck accident cases can take between a few months to several years before they are fully resolved. Going by the clients we have represented in the past, we would say most claims take longer than 6 months – usually, around 1 or more years before the victim receives their check from the insurance company.
If the injuries are especially severe and there are complex legal issues surrounding the case, reaching a settlement can take more than 2 years. A small percentage of lawsuits are tried in court because of an inability to agree on the amount compensation. If a trial is needed, getting paid from a Transguard truck accident claim will probably take over 3 years.
If Transguard Insurance Company of America is liable for the injuries and property damage you suffered, you are likely to have questions about the average amount of time it takes before you are compensated. You may also have questions about the issues that impact how much time it takes to achieve a settlement with Transguard.
The truck accident lawyers of Normandie are here to help with all your questions and concerns. To discuss your case during a free case review, contact our law firm as soon as possible.
Why It’s Important to Understand Settlement Timelines
No matter how you were injured in an accident, having a sense of how long it takes to get paid on a claim is a primary concern. In particular, commercial vehicle accidents cause devastating health issues, emotional trauma, and financial hardship for the victim. If the victim dies as a result of their injuries, that hardship is assumed by the surviving family members, and this is why it’s important to reach a settlement with Transguard Insurance Company of America.
Obviously, bills and other expenses accumulate over time, and many victims hit a wall with their claim or end up settling for much less than what they deserve. This is due to the stress and pressure they feel, combined with tactics by insurance adjusters that are designed to pressure you into a settlement.
For the vast majority of people injured in an accident, settling the case is the most effective way to recover their health and finances. A settlement also provides a sense of justice that allows people to move forward mentally, which is just as important as the physical recovery.
Of course, there is no way to predict just how many days, weeks, or months it will take to settle your case. But a skilled car accident lawyer can give you a sense of the steps that are involved and an approximate timeline that’s based on the details of your accident. For information on how long it takes to settle a truck accident lawsuit, reach out to us at your earliest opportunity.
Working Towards a Settlement with Transguard
Knowing the steps that are involved in the settlement process is a vital component of how long it may take to settle your claim. Accident investigations for 18-wheelers, dump trucks, and other massive commercial use vehicle are much more complicated than most people realize. Investigating the accident and figuring out who is at fault, and what degree of fault each party assumes that can take several months on average. This, along with other actions, must be completed before you can start negotiating for a settlement.
Below is a general outline of the process that happens once you reach the negotiation stage:
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Your attorney sends a demand package with a statement of the payments you are seeking from the insurance company.
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Transguard reviews the demand from your law firm and comes up with an amount that they are willing to pay you (in some cases, it’s the insurance provider that will reach out with the first offer).
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Except in rare cases, your attorney will send back a counteroffer so that you can receive the highest possible amount. Multiple rounds of exchanges can take place, and there may be a waiting period of several weeks between each offer / counteroffer.
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If you and Transguard agree on the compensation amount, both sides will review and sign the necessary release forms.
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Once your settlement check is received by your lawyer, they will deduct any liens (including their own fees) before releasing the funds to you.
This is a basic, broad-scope explanation of what happens when you attempting to settle an insurance claim. The process is more complicated if there are multiple parties at fault or the cause of the accident is especially complex. Unexpected delays by the court system can also slow things down, along with other factors that we can talk to you about during a free consultation.
Contact Normandie Law Firm
Being injured in an accident caused by someone else can have life-altering effects, like permanent injuries, losing the ability to work, and no longer having a family member in your life. This is why compensation from an accident claim is essential, but there’s no denying that the legal process is difficult for most people to navigate.
The truck accident lawyers of Normandie are here for you every step of the way. Based on our belief of making legal services accessible to all, we do not charge you anything upfront. All legal fees are paid out at the end of your case and only if you are compensated by Transguard and anyone else that’s liable for your injuries. We also operate under the Zero Fee Guarantee, so you pay $0 in the event we do not secure a settlement or compensation from a jury verdict.
To schedule a free case review with one of our attorneys, contact our office today.
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