Top Reasons for Injury Settlement Delays
The road to recovery can be long and challenging after an accident injury, and on top of physical pain and emotional stress, there may be difficulties securing a fair settlement to cover medical expenses, lost wages, and other damages. It is an unfortunate reality that many experience injury settlement delays, creating an environment where victims struggle financially and have trouble making ends meet.
Understanding why your settlement is delayed is key to speeding up the process. After all, once a Bucks County personal injury attorney has determined the issue, they can fight for a timely resolution, one that connects you with the financial support you need during a trying time.
Liability Disputes and Documentation Issues
A primary reason for settlement delays is when the parties involved are having disputes over liability. For example, an insurance adjuster may try to shift blame onto the victim or argue that their policyholder was not responsible for the accident while the injured party asserts that they are the victims of negligent, reckless behaviors. Countering an insurance adjuster’s assertion relies on strong evidence, including photographs, witness statements, and accident reports that clearly establish liability.
Evidence strengthens a claim because insurance companies turn to documentation in order to evaluate a claim properly. Because of this, it is essential to share evidence as well as financial information, including medical records and proof of lost income, with the involved insurance companies. Any missing information can slow down the settlement process, so it is beneficial for accident victims to keep meticulous records of their injuries, treatments, and financial losses.
Multiple Parties and Litigation Questions
In accidents involving multiple parties or insurance companies, determining liability and coordinating settlements can be exceptionally complex. Different insurers may have conflicting interests, leading to delays as they negotiate their responsibilities, legal professionals can help streamline the process and ensure all parties are held accountable.
In some cases, litigation is pursued because an agreement simply can’t be crafted. Litigation can extend the settlement timeline, but sometimes it is necessary to secure a fair compensation amount. An experienced Bucks County personal injury attorney will advocate for you through the insurance negotiation process and fight for your rights in court, if necessary. They will guide you through the legal process and work diligently to expedite your case.
While you can’t control others, you can take steps to protect your financial future and avoid unnecessary settlement delays, such as seeking medical attention immediately, following a treatment plan diligently, and documenting all of your accident-related expenses. Plus, it is important to be patient but firm in pursuing a fair settlement. You don’t want to end up settling for less than you deserve.
Were you expecting a settlement months ago but find yourself knotted up in complicated delays? Injury settlement delays can be frustrating, but with the right approach and legal guidance, accident victims can protect their financial future. Share the details of your case with the legal team at Kardos, Rickles & Hand. Call 215-968-6602 to schedule your consultation today.