There is no way to predict exactly how long a motorcycle accident claim will take to settle. Every case is different, and various factors could come together to result in a quick settlement or a lengthy ordeal.
It is important to expect the unexpected when it comes to resolving a motorcycle accident claim. There is no formula to apply to a case that can tell when the claim will settle or how much the settlement will be. However, working with our law firm can give you a sense of direction and some peace of mind as negotiations progress.
Factors that Could Delay the Progression of Your Case
Numerous factors can delay your settlement by weeks or even months. Others could threaten your ability to recover compensation entirely. Some of these factors include:
Whether You Need Ongoing Medical Treatment
One of the major factors that could delay your case is your medical treatment and recovery time. You may not want to accept a settlement or even enter negotiations until you have recovered from your injury as much as you can—or at least received a prognosis from your doctor. If you settle too early, you might underestimate how much medical care you will need in the future, leaving you to pay out of pocket.
How Long It Takes to Investigate Your Case
Investigating the facts of a motorcycle accident can take some time, especially for complex cases and when multiple parties are involved. This could involve tracking down hard-to-find witnesses or obtaining medical bills from difficult providers.
Again, it’s often best not to rush this process. The more evidence we are able to present with your settlement demand, the easier it may be to get the insurance company to agree to it without lengthy negotiations. If we don’t have enough proof to sufficiently support your case, the insurer may deny your claim or refuse to offer a fair settlement.
Whether the Insurer Purposefully Delays Your Claim
Insurance companies are often in no hurry to move these claims along. They understand you need the money more than they do, and any delay could push you into accepting a lowball settlement offer.
The State’s Statute of Limitations
While the statute of limitations itself will not delay your injury claim, it can impact the progression of your overall case. In Illinois, 735 ILCS 5/13-202 sets a firm deadline for filing a personal injury lawsuit, and you can lose your ability to sue after it expires.
As this deadline approaches, our team may discuss beginning the filing process. This allows us to protect your right to do so in case your settlement falls through. Whether our team needs to consider this in your case will depend on:
- How long after the accident you began seeking damages
- How long it takes to build your claim
- The amount of time we spend negotiating with the insurance company
The statute of limitations might not be relevant to your case. Our team could succeed in securing a settlement that fairly compensates you for all your accident-related losses. As the American Bar Association (ABA) points out, most cases end at the settlement level and do not make it to the courtroom.
Let Our Law Firm Give You Peace of Mind
The reality of a motorcycle accident injury claim is that it could conclude with a settlement at any time. From the early moments of a case to the hours before a trial begins, the parties to an injury lawsuit could reach a settlement.
Many of these claims are resolved early on in the process. While our firm cannot guarantee this, we can keep you up to date along the way and provide insight into how the process is going. We can also handle every step for you, so you don’t have to worry about negotiations and filing deadlines.
Discuss Your Settlement Options With Our Team of Attorneys
Whether your case is likely to settle or destined for trial, the team at The Kryder Law Group, LLC is ready to help. Our team understands what it takes to negotiate a fair settlement and when it may be time to consider proceeding with a lawsuit. To learn more about your options, call for a free consultation at (312) 223-1700.