Statistics show that people continue losing their lives as a result of truck accidents. Trucks are no match to passenger vehicles; therefore, those in passenger vehicles die at a much higher rate than those in trailers. For instance, about 5,000 people traveling in passenger vehicles lose their lives when involved in truck accidents, and approximately 700 people traveling in trucks lose their lives when involved in accidents.
Truck accidents occur for a variety of reasons—most of which are likely out of the victim’s control. However, that does not mean that the victim does not have the right to take action after an unfortunate truck accident. If you or a member of your family was involved in a truck accident that occurred through no fault of your own, you might have the right to pursue a claim and receive compensation for the harm that you suffered.
Did you suffer a truck accident that left you with a number of injuries? Did a member of your family lose his or her life? If you and your family were recently involved in a truck accident, you might have been involved in an accident with a commercial vehicle insured by Ace Group.
Ace Group is an insurance company that was founded in 1985. Over the years, Ace has offered a variety of insurance products for the transportation industry—including truck insurance products. By 2016, Ace Group had become one of the leading insurance companies on the global scale. After the acquisition of Chubb insurance, Ace Group was renamed to adopt the name of the purchased insurance company. Although there was a significant name change, the insurance company continues to provide the same reliable insurance products to their clients.
If you were involved in a truck accident with a vehicle insured by Ace Group, you have the right to pursue a truck accident claim against Ace Group. Have you considered the possibility of filing a truck accident lawsuit against Ace Insurance? Whether you have thought about the possibility of pursuing your claim or you have already filed your claim, it is likely that you have many questions in need of answers—especially questions regarding the length of time it takes Ace Group to settle a truck accident claim.
If you would like to discuss your claim and your right to a settlement with an experienced truck accident lawyer, you should contact Normandie Law Firm as soon as possible. Normandie Law Firm is a personal injury law firm dedicated to fighting for the rights of all victims involved in a variety of personal injury accidents, including truck accidents. Our truck accident lawyers have many years of experience handling truck accident claims and helping those affected by truck accidents recover the compensation that they deserve. If you would like to discuss your truck accident claim with our knowledgeable lawyers, do not hesitate to contact our firm and learn more about the amount of time it takes for Ace Group to pay on an 18 wheeler accident case.
Frequently Asked Questions
The truck accident lawyers at our law firm are often approached with many of the following questions:
- How long does it take to settle a truck accident claim with Ace Group?
- How long does it take Ace Group insurance to pay a truck accident claim?
- What is the average amount of time it takes for Ace Group to compensate you for a truck accident case?
- How long is the time period to settle a truck accident claim with Ace Group?
- What affects how long a truck accident lawsuit takes to reach a settlement?
- What determines the duration for settling truck accident claims?
- How long do you have to wait for Ace Group insurance to settle a semi-truck accident case?
Have you found yourself asking some of the questions listed above? Why is it important for you to know the average amount of time for Ace Group to settle a truck accident lawsuit? Truck accident claims are some of the most devastating types of accidents; therefore, victims and entire families are often buried in debt and a number of financial difficulties after an accident with an 18 wheeler.
Why do truck accidents lead to financial distress? Truck accidents result in severe injuries, death, extensive medical bills, loss of income, property damage bills, funeral expenses, and the inability to keep up with the normal cost of living, for example. Without a doubt, entire families could quickly find themselves in severe economic distress.
Could reaching a settlement fix all your economic difficulties? Settling your truck accident claim might not make your troubles disappear from one day to the next, but it could alleviate many of your concerns. Reaching a settlement could prevent you from continuing to worry about your finances and allow you to focus on moving forward from such a traumatic experience.
Our attorneys are committed to helping you recover the compensation that you deserve after being rear ended by a truck, for instance; therefore, they will do everything within their reach to fight for your right to reach a fair settlement within an acceptable amount of time. For more information, contact our firm today.
Understanding the Average Length of Time to Settle
How much time does Ace Group insurance take to make payment on a truck accident case? What is the average time it takes Ace Group to settle a truck accident lawsuit? How long it takes Ace Group to settle a semi-truck accident is essential for the majority of truck accident victims. However, the nature of truck accidents makes it difficult to establish accurate averages.
Rather than determining general averages, it is easier to establish averages based on the type of claim being pursued (i.e. simple, moderate, complex). In general, all claims, even those with some complexities could be settled within 2 years. However, claims that contain multiple complexities from the start or that encounter significant delays during the legal process could take longer than 2 years. Although it only occurs rarely, all claimants should understand that unexpected delays could result in a postponed settlement—complications mean that your case will take longer to settle. Although it could be disheartening to learn that some claims could take more than 2 years to settle, you should also be aware that claims usually settle in less than 2 years. Often, truck accident claims with little to no complications settle at any time between 12 months and 18 months. Truck accident claims with some sort of complications frequently settle between the 18-month and 2-year mark.
Regardless of the details of your truck accident claim, you could be certain that the truck accident lawyers at Normandie Law Firm will always fight for your right to reach a settlement within a reasonable amount of time. Do not hesitate to contact our law firm as soon as possible to learn more.
Understanding the Process toward Reaching a Settlement
How long do truck accident cases with Ace Group insurance take to settle? The amount of time it takes Ace Group to settle a truck accident case depends on many details—all of which could affect the legal process. The legal process consists of multiple steps which work towards reaching a settlement. Consider the following steps and the approximate lengths of time associated with each step:
- Your truck accident attorney gathers evidence and builds your claim (up to a few months).
- Your truck accident attorney creates a demand package demanding settlement and sends it to the insurance company (up to a few weeks).
- The insurance company receives the demand package and starts an investigation into your truck accident claim (at least one month).
- Your truck accident lawyer and the representatives of Ace Group insurance negotiate a settlement offer (up to a few months).
- You sign a settlement release form agreeing to the settlement offer and dropping the insurance company’s liability in exchange for the settlement (up to a few weeks).
- The insurance company sends the settlement check after receiving the signed document (up to 6 weeks).
- Your attorney receives the check and makes deductions for all legal fees (up to 2 weeks).
After the steps above are complete, you will receive your settlement check. The time it takes to complete the process above could range from a few months to a few years—depending on the specific details of your claim and of your legal process. As previously described, any complications during the legal process could delay the process of recovering a settlement. For more information, do not hesitate to contact our firm today.
Our Lawyers at Normandie Law Firm
How long is the period of time for Ace Group to pay for a truck accident involving Ace Group insurance? What establishes how long it takes Ace Group to pay on a truck accident case lawsuit? If you are in search for information about how long an 18 wheeler lawsuit takes to reach a settlement, you must seek legal assistance with the knowledgeable attorneys at Normandie Law Firm as soon as possible. Our attorneys have many years of experienced handling truck accident claims and are ready to help you recover the compensation that you deserve.
If you would like to speak with our attorneys and discuss your truck accident claim, you should contact our firm and request to schedule a free consultation or a free second opinion. Our free consultations and free second opinions are designed to provide you with all the information that you need to either pursue or redirect your claim towards a successful outcome. Did your current attorney’s incompetence affect the outcome of your claim? Is your claim taking too long to settle because of the incompetence of your lawyer? Do you want to learn more about the time to settle a claim before you pursue a lawsuit? Whatever the case, you could trust that our experienced truck accident lawyers at Normandie Law Firm are ready to represent you and help you recover the settlement for your claim. Do not hesitate to schedule a free consultation or free second opinion as soon as possible.
The free consultations and free second opinions offered by Normandie Law Firm are available as part of our Zero-Fee guarantee. Our Zero-Fee guarantee ensures that our clients never have to worry about paying any upfront legal fees for any of our legal services. Our firm is also based on a contingency structure; therefore, you will not pay anything until your truck accident claim reaches a successful outcome. Contact us today.
