Colony Insurance is an insurance company that is licensed to provide insurance coverage in the 50 U.S. states, as well as in the District of Columbia and the U.S. Virgin Islands. Incorporated in 1962, Colony Insurance has remained a top provider of insurance coverage—including coverage for commercial autos (trucks).
Were you recently involved in a truck accident? Were you driving to the best of your abilities when you were rear ended by a truck? Did you suddenly hear a crunching sound surrounding you and your vehicle as your head was launched forward into the steering wheel? Were you blinded by the headlights of a truck approaching your vehicle head-on? However, your accident occurred, it is likely that you had little to no time to react. The truck accident that you experienced might have also left you dealing with a number of severe injuries. If a member of your family was involved in a truck accident, you might have been left dealing with their death.
Regardless of whether you suffered injuries or a member of your family lost his or her life, you might have grounds to pursue a truck accident claim. If the commercial vehicle involved in the accident that harmed you and your family was insured by Colony Insurance, you might have grounds to pursue a truck accident claim against Colony Insurance.
Yes, you could pursue a truck accident claim, and you could recover compensation for the harm that you and your family suffered as a result of a truck accident. After truck accidents, most parties involved are familiar with their right to pursue a claim and receive compensation. However, both potential claimants and claimants who have already started their claims often have many questions surrounding one common theme—the amount of time it takes Colony Insurance to settle a truck accident case.
After being affected by truck accidents, victims and their families often have some of the following questions:
- How long do truck accident cases with Colony Insurance take to settle?
- How long do you have to wait for Colony Insurance to settle a semi-truck accident case?
- What determines the length of time it takes Colony Insurance to settle a truck accident claim?
- What is the average amount of time it takes for Colony Insurance to compensate you for a truck accident case?
- What affects how long it takes Colony Insurance to settle a semi-truck accident?
- Could claimants do anything to speed up the settlement of their truck accident claims?
If you and your family are in need of answers to these questions—either before pursuing a claim or while pursuing a claim—it is essential that you seek legal assistance as soon as possible. If you are in need of answers surrounding the time period to settle a truck accident claim with Colony Insurance, do not hesitate to contact Normandie Law Firm as soon as possible.
Normandie Law Firm is a personal injury law firm that has dedicated many years to representing the victims of all sorts of personal injury accidents—including truck accidents. Our truck accident lawyers are aware that truck accidents are some of the most devastating types of personal injury accidents—accounting for nearly 5,000 fatal accidents and 120,000 accidents that resulted in injuries. Our lawyers understand the extent of the harm that victims of truck accidents suffer; therefore, they remain committed to helping all affected parties pursue a claim and reach a settlement. If you would like to discuss your truck accident claim with our lawyers, contact our firm to schedule a free consultation or a free second opinion.
Settling Your Claim—Why It Matters
Without a doubt, truck accidents are some of the most traumatic types of accidents. Besides physical harm, mental harm, and emotional harm, truck accidents are likely to lead to financial harm. Truck accidents often lead to these sudden financial issues: expensive medical bills, lost income, property damage bills. Within a few weeks or a few months from the truck accident, entire families could find themselves in deep financial troubles. Many families are forced to deal with a pile-up of normal living costs in addition to all sudden expenses. This leads to depleted savings and maxed out credit cards; some victims might even find themselves forced to ask for loans. Undeniably, truck accidents are likely to lead to economic difficulties. At Normandie Law Firm, our lawyers are dedicated to helping you recover the compensation that you deserve so that you could stop worrying about your finances and start focusing on your full recovery.
The Relevance of the Legal Process
How long does it take Colony Insurance to pay a truck accident claim? How long it takes Colony Insurance to pay on a truck accident case lawsuit depends on the details of your claim and on the legal process associated with your claim. What is the legal process? How could it affect your claim? The legal process is a multi-step process that is necessary to eventually settling a truck accident claim. All claims are subject to the same legal process; however, the process is not the same for all claims.
In other words, the time associated with the legal process towards reaching a settlement varies from case to case. Although all claims are subject to the same process, the time the process takes to complete varies significantly.
The process consists of the following steps:
- Your lawyer builds your claim.
- Your truck accident lawyer creates and sends a demand package to the insurance company.
- The insurance company investigates the claim.
- The insurance company makes a settlement offer.
- Your lawyer makes a counteroffer.
- The parties involved negotiate a reasonable settlement offer.
- You sign a settlement release document.
- Your attorney receives the settlement check.
- Your attorney makes the check available to you.
Because there are so many steps to the legal process, there are many opportunities for the process to encounter any delays. Unfortunately, even the most insignificant of delays during the legal process could significantly affect the time it takes to settle your claim. How much time does Colony Insurance take to make payment on a truck accident case? As previously mentioned, how long an 18 wheeler lawsuit takes depends on the legal process; therefore, your case will take longer to reach a settlement if it encounters many difficulties during the legal process.
The Average Time to Settle a Claim
What is the average amount of time for Colony Insurance to settle a truck accident lawsuit? How long is the period of time for Colony Insurance to pay for a truck accident involving Colony Insurance? The duration of the process towards settling a truck accident claim varies from case to case; therefore, it is often difficult to establish the average time it takes Colony Insurance to settle a truck accident lawsuit. The majority of truck accident claims frequently settle within 2 years. In some cases, it only takes months for claims to settle; truck accident claims that encounter little to no difficulties during the legal process could settle in less than 18 months. However, it can take more than 2 years to settle a truck accident claim—especially when the claim constantly encounters difficulties during the legal process. Although it only occurs rarely, it is a possibility, and all claimants should be aware of this possibility. For more information about how long it could take to settle your claim, contact our firm at your earliest convenience. Regardless of the complexity of your claim, you could trust that our truck accident lawyers will always fight to reach a prompt settlement for your claim.
What Could You Do?
How long does it take to settle a truck accident claim with Colony Insurance? Could you do anything to decrease the time it takes to reach a settlement for your claim and finally put this unfortunate event behind you? Usually, the amount of time it takes for Colony Insurance to pay on an 18 wheeler accident case is not within the claimant’s hands. However, there are a few things that the claimant could do prevent avoidable delays.
Consider the following things that could unnecessarily delay your settlement:
- Delays in your medical treatment
- Unavailability to discuss your claim
- Hiring an incompetent lawyer
So what could you do to ensure that there are not any unnecessary delays to your claim after an accident with an 18 wheeler? Firstly, you should never delay your medical care without a valid reason. It is easy to reschedule appointments or surgeries simply due to inconvenience. However, every time you delay your medical care, you are also delaying your legal process. Secondly, you should always remain available to discuss your claim with your lawyer. Even if you are not always available, you should be able to make time to discuss your claim with a short notice. Thirdly—and most importantly—you should ensure that you hire a competent lawyer. An incompetent attorney could contribute to the delays that your claim encounters during the legal process. On the other hand, a competent lawyer will be able to effectively handle even the most complex of claims. For more information about how you could promote a prompt settlement, contact our law firm today.
Our Law Firm
If you were or a member of your family was affected by a truck accident, you are likely in need of information regarding how long a truck accident lawsuit takes to settle. If you would like to discuss your truck accident claim with our knowledgeable attorneys, do not hesitate to contact our law firm as soon as possible—you could benefit from our free consultations and free second opinions.
Our free consultations and free second opinions ensure that you have access to our legal services without having to worry about legal expenses. Regardless of whether you have already started your claim or you want to start your claim, you could benefit from our legal services. During our free consultations, our lawyers will answer all your questions, address all your concerns, and provide you with all the information that you need to pursue your claim against Colony Insurance. During our free second opinions, our truck accident lawyers will be available to address your doubts, confusions, and unanswered questions left by the incompetence of your previous attorney. It does not matter if you are interested in beginning your truck accident claim or if you are looking for redirection for your claim; you could trust our truck accident lawyers to provide you with the guidance necessary to pursue your claim against Colony Insurance.
Our free legal services are available as part of a Zero-Fee guarantee, which ensures that our clients will never be required to pay any upfront legal fees for our services. Our firm is also based on contingency; therefore, our clients are only required to pay legal fees after their claims settle. All legal fees are deducted from the settlement; therefore, clients are never required to pay anything out of pocket. For more information about pursuing your claim against Colony Insurance, contact our law firm today.
