How Long Does It Take to Get an Insurance Check from a Car Accident?
You were in a car accident and you agreed to a settlement offer. Now what? How long can you expect until you receive a check? Car accidents can lead to costly repairs, expensive medical bills, lost wages, and rehabilitation costs. Many car accident victims rely on that check to cover these costs. However, the answer is, it depends. Continue reading to find out how long it takes to get an insurance check from a car accident.
What to Expect After Agreeing to a Settlement
It can take the insurance company many weeks, sometimes months, to send an insurance check to you. In most cases, they will send the check to your lawyer’s office. You can usually expect the check within 30 days. If the process takes longer, your lawyer may be able to check on its status.
Once your lawyer receives your check, they will deposit it into the trust account and issue the payment. Depending on your lawyer agreement, you may have to wait for the check to clear. It can take a few days for this. Once it clears, your lawyer will issue you a check with the settlement amount minus their legal fees.
Problems with who the check is made out to can extend the timeline. For example, the insurance company may write the check out to both the client and the law firm. The client may need to give the lawyer their authority to deposit and sign the check.
How Can You Speed Up the Payment Process?
In some cases, your personal injury lawyer may be able to speed up the process by having the check overnighted to you. But, not all insurance companies will agree to this and you may have to wait a few weeks for payment.
One of the best ways to speed up the process is to work with an experienced personal injury lawyer that you trust. The more personal injury cases that your lawyer has worked on, the more familiar they will be with the process, meaning they can usually get you paid faster.
Additionally, a good personal injury lawyer can speed up the whole legal process by getting you to a settlement agreement faster.
Problems With Getting Paid? Contact a Lawyer Today
If you agreed to a settlement amount with the insurance company and they are taking a long time to issue payment, it may be helpful to talk with a lawyer. A lawyer may be able to find out what is going on and speed up the process. It is best to work with a lawyer from the beginning to ensure that you receive a settlement amount that fairly covers your damages.
However, a lawyer may be able to help after you have already agreed to a settlement offer. When negotiating, it may also be helpful to include a timely payment in your negotiations. This is an agreement that you will accept an offer, as long as the insurance company issues payment by a certain date. We understand that an injury can be costly and we will fight hard to build your case and get you the compensation that you need to recover.
Contact a Hamilton Personal Injury Lawyer to Discuss Your Injury Settlement Case in New Jersey
Did you or a loved one sustain serious injuries due to a personal injury in New Jersey? Don’t let the medical bills pile up while you wait for the negligent party or their insurance company to do the right thing. Right now, you need an aggressive personal injury attorney on your side, fighting to get you the compensation you need, want, and deserve. The skilled attorneys at Brown Law represent clients injured because of a personal injury in Egg Harbor, Atlantic City, Galloway Township, Hamilton, and throughout New Jersey. Call (609) 344-8270 or fill out our online contact form to schedule a free consultation about your case. We have an office conveniently located at 3123 Atlantic Avenue, Suite 201, Atlantic City, NJ 08041.
The articles on this blog are for informative purposes only and are no substitute for legal advice or an attorney-client relationship. If you are seeking legal advice, please contact our law firm directly.