There are bound to be a plethora of things on your mind after a car accident. You’ll likely be focusing on your recovery and concerned about the possible financial burdens. Filing and settling a car accident claim has the potential to ease those burdens. Keep in mind that the type of settlement you’re looking for will have a big impact on how long the entire process takes.
Reporting a Car Accident Claim
After a car accident, you’ll need to make a report to the Kentucky State Police and your insurance company. Typically, you’ll be providing contact and vehicle information for the drivers involved and any personal property damages and injuries.
Your insurance company will file your claim and work on getting you your compensation. They will want to review the accident reports and your medical expenses. They’ll also try to determine if you’ll have any residual problems from your injuries and what treatments you may need in the future. This process may take some time.
Kentucky follows a no-fault policy when it comes to car insurance and accident settlements, which means under certain scenarios you cannot sue or be sued. This can complicate your claim and settlement time, which is where bringing in an attorney may be a good idea.
Settling a Car Accident Claim
The majority of car accident claims in Kentucky are settled outside of court.
Unfortunately, there is no way to predict how long your car accident claim will take to settle. Each situation is different and will play out differently. Depending on the severity of the car accident and injuries, the claim may take longer to settle – especially if you’re trying to recover the most amount of damages possible.
The type and size of your insurance company can also impact your settling time. If your insurance company is large and chooses to offer you a low settlement, it may turn into a battle with their own attorneys.
While some claims may be clear-cut on the question of liability and can be settled in a matter of months, other cases have the potential to take years to settle. There’s also a change the claim may not ever settle.
Our dedicated Lexington, Kentucky car accident lawyer will try to expedite your car accident claim process so you can focus on getting better without worrying about money. Contact us today for a free consultation.