How Long Does a Car Accident Settlement Take in South Carolina?
Resolving a car accident claim can take more time than you would expect, but it is important to put things into perspective. Accepting a settlement before the full extent of your losses is well established can leave you with far less compensation than the amount you deserve. Ultimately, settling a relatively straightforward car accident case should not take more than a few months, but more challenging cases can stretch beyond two years.
The most important concern is retaining skilled legal representation, and our experienced Charleston car accident attorneys at John Price Law Firm encourage you to reach out for the help you need.
Beware Early Settlement Offers
If another driver’s negligence has injured you, obtaining the compensation that you’re entitled to is important in relation to your recovery and your future. This makes resolving your claim as effectively and efficiently as possible key, but rushing the matter can leave you with less.
To begin, you may not appreciate the full scope of your losses until considerable time has elapsed and your condition, prognosis, and needs are well established. If the insurance company handling your claim recognizes that it is legitimate, they may come back with an early settlement offer. This is a pretty clear indication that they are attempting to resolve the matter before you recognize the true nature of your losses.
Too many desperate claimants fall for this trick, and they pay the price as a result. A better approach is to turn to your formidable car accident lawyer to guide your case smoothly forward.
When Insurance Companies Deliberately Prolong the Claims Process
Another practice insurance companies use to bolster profits is artificially prolonging the claims process. This can prompt claimants to give up or to lose hope of ever being compensated fairly. Practices like this on the part of the insurance company can qualify as bad faith, and your persuasive car accident attorney will take the steps necessary to address the concern effectively.
The Statute of Limitations in Charleston
South Carolina imposes a three-year statute of limitations for car accidents. With very few exceptions, this means that a car accident victim has three years from the date of their injury-causing accident to file a lawsuit against the negligent driver. Most Charleston car accident claims settle before they reach the three-year mark.
Our Experienced Charleston Car Accident Lawyers Are In Your Corner
Our capable Charleston car accident attorneys at John Price Law Firm appreciate the importance of obtaining fair compensation on your behalf, without losing sight of the time element. This requires a complicated balancing act, and we will leave no stone unturned in our focused efforts to achieve the best results for you. For more information, contact us online or call our firm at 843-552-6011 today.