It usually takes four to six weeks after winning a personal injury case in Florida for the victim to receive payment. That said, it's critical to keep in mind that certain factors can increase or decrease the amount of time it takes to receive payment after winning your personal injury case in Florida. It will usually take four to six weeks for a person to receive their personal injury settlement check in Florida. However, this varies depending on the extent of your injuries and the complexity of the car accident claim.
If you want to come to an agreement quickly, you should speak to a car accident lawyer at The Law Place. We've helped countless injured people receive personal injury settlement checks. Once your claim is resolved, the insurance company has a mandatory deadline to pay your lump sum or your first structured payment. According to Article 627,4265 of the Florida Statutes, the insurance company has 20 days from the time you signed the settlement agreement to make the payment.
If the insurance company doesn't pay on time, it may owe you additional interest. On average, it can take between four and six weeks to receive compensation from a settlement. The time frame depends on the case and the time it takes to complete the entire process. Your lawyer will be the first to receive the compensation check and will distribute the funds.
They will pay for contingency fees, any out-of-pocket expenses, and anything else that needs to be covered. Once all the expenses are paid, you will receive the check from your lawyer. Florida law regulates the deadline for verification of liquidation in Florida. Once you agree to reach a written agreement, the insurance company must submit payment within 20 days, unless both parties agree on a different date.
Insurance adjusters may state that payment is conditional on the signing of a waiver of all claims. If you or a loved one has been injured in a Florida car accident, you may be wondering how long it will take before you receive compensation in your personal injury claim. At The Law Place, a personal injury lawyer will be able to help you file an accident lawsuit so you can get the compensation you deserve. How long it takes for people to receive settlement checks after filing their car accident claims also depends on whether the settlement offer is a large sum or not.
How long it takes to get a settlement check for a Florida car accident depends on the strength of your case and whether you settle out of court or file a lawsuit. Regardless of the specific details of your car accident case, if you have been injured in a car accident, you are most likely eligible to receive a personal injury settlement from your insurance company. Whether a case reaches court or not is the most important factor in determining whether a person will reach a quick settlement after their car accident. The amount of your personal injury compensation and the time it will take to receive the personal injury compensation check after a car accident will depend on the strength of your car accident case and whether you decide to settle for a car accident in or out of court.
All of your attorney's legal fees will be deducted from the injury settlement account, and then your lawyer will send you a final check. A great way to determine how long it will take to get a settlement check for a Florida car accident is to talk to a car accident lawyer. You'll be pleased to know that most car accident lawsuits are resolved sooner rather than later in the state of Florida.