How Long Does it Take to Settle a Car Accident Claim?

After you suffer injuries in a car accident in Missouri, you can choose to pursue an insurance claim or a personal injury lawsuit; in most cases, you begin with an insurance claim and progress to a lawsuit if the insurance company does not offer you a fair amount. The length of time it will take to settle your car accident claim will depend on a number of factors. A Kansas City car accident attorney can help you decide your best course of action.

Car Insurance Laws in Missouri

Missouri is a fault car insurance state, which means that a person who is at-fault for causing an accident is responsible for paying for the injuries and damages other drivers suffered in the accident. As a driver in Missouri, you must carry the following minimum amounts of coverage to comply with this law.

You can purchase more than the minimum amounts if you choose to do so. All drivers must carry proof of their insurance coverage in their vehicles. If you were in a car accident and someone else’s negligence led to your injuries and damages, you have three options for collecting compensation.

The Car Accident Settlement Process

The process to obtaining your car insurance settlement will depend on what damages you are claiming compensation for and the insurance company you are dealing with. While each company may have its own method of handling your claim, most companies follow the same basic process.

The lawsuit stage includes its own set of lengthy processes, from negotiations to discovery of evidence to the trial itself. Most insurance companies try to settle your claim outside of the courtroom, so you may not get to this stage.

Factors That Can Lengthen Your Car Accident Claim

Since car accident claims can vary in length based on the circumstances, it is difficult to provide an estimate as to how long your case could take. However, the presence of certain factors could impact how long it would take for you to receive a settlement.

You should always contact a car accident attorney as soon as possible after your car accident to assist you with the claims process. Since the insurance company is responsible for paying your damages, you may not receive the highest possible offer. Your attorney can enter into insurance negotiations on your behalf and help you evaluate settlement offers to ensure they are fair and sufficient.