Arch Insurance Company is a leading insurance company that provides insurance coverage for a variety of industries—including industries which require commercial auto insurance. With constant A+ ratings from multiple independent insurance rating agencies, Arch Insurance Company continues to be a strong presence among similar insurance companies.
Were you recently involved in a truck accident? Did a member of your family die in a truck accident? Whether you suffered injuries or a member of your family lost his or her life in a truck accident, you might have grounds to file a claim and receive compensation for the damages resulting from the truck accident.
Depending on the details of the truck accident and your claim, you might be eligible to recover compensation for medical expenses, lost income, pain and suffering, property damage, loss of consortium, funeral/burial costs, and punitive damages, for example. However, you could only receive the compensation listed above if you file a claim against the insurance company that covers the truck that caused your accident. If the truck that was involved in your accident carried Arch Insurance Company coverage, you could file a claim against Arch insurance.
Have you already filed your truck accident claim against Arch Insurance Company? Are you considering the possibility of filing a truck accident claim against Arch Insurance Company? Regardless of whether you have filed your claim or you are thinking about filing your claim, you might have many questions regarding the length of time it takes Arch Insurance Company to settle a truck accident claim. For answers to all your questions, you must seek legal assistance as soon as possible.
Normandie Law Firm is a personal injury law firm dedicated to representing the victims and families that have been severely affected by truck accidents. The truck accident lawyers at Normandie Law Firm have many years of experience handling truck accident claims ranging in severity. Our lawyers have efficiently handled truck accident claims against a number of some of the most well-known insurance companies. Our truck accident lawyers will handle your claim and persistently fight until your claim reaches a rightful settlement.
Do not hesitate to contact the truck accident attorneys at Normandie Law Firm as soon as possible. Our truck accident lawyers will provide you with all the information that you need to either begin or continue your claim against Arch Insurance Company. Contact our firm to learn about the free legal services that could benefit you and your claim.
A Common Concern
Injured victims and surviving family members often contact our law firm with concerns regarding the average amount of time for Arch Insurance Company to settle a truck accident lawsuit. The parties affected by truck accidents contact our experienced truck accident lawyers with many of the following questions:
- How long does it take to settle a truck accident claim with Arch Insurance Company?
- How long does it take Arch Insurance Company to pay a truck accident claim?
- What is the average amount of time it takes for Arch Insurance Company to compensate you for a truck accident case?
- How long is the time period to settle a truck accident claim with Arch Insurance Company?
- What could affect how long a truck accident lawsuit takes to settle?
- What determines how long it takes Arch Insurance Company to pay on a truck accident case lawsuit?
If you are concerned about the period of time for Arch Insurance Company to pay for a truck accident involving Arch insurance, you are not alone. It is common for the parties affected by truck accidents to want information about how long an 18 wheeler lawsuit takes to reach a settlement.
Why is that information so valuable to those harmed by truck accidents? Truck accidents, more often than not, result in devastation. Many truck accidents are fatal. Other truck accidents leave victims with severe and life-altering injuries. Whether surviving family members have to deal with funeral and burial expenses and the loss of the only source of income or whether victims have to deal with being unable to work to earn the income necessary to pay off the sudden medical bills caused by the accident, financial distress is almost certain.
The financial difficulties that result from truck accidents could quickly cause the affected parties to deplete their savings, max out their credit cards, and go into bankruptcy. In some cases, truck accidents result in the loss of personal possessions due to the inability to pay.
The lawyers at Normandie Law Firm understand how a truck accident could affect you and your family; therefore, they are committed to ensuring that you receive the settlement that you deserve within a reasonable length of time.
The Importance of the Legal Process
How much time does Arch Insurance Company take to make payment on a truck accident case? How long do you have to wait for Arch Insurance Company to settle a semi-truck accident case? To gain a better understanding of the amount of time it takes Arch Insurance Company to settle a truck accident case, you must have a thorough understanding of the legal process. The legal process consists of multiple steps that are all essential to reaching a settlement.
Consider the following steps:
- Your attorney must evaluate your truck accident claim and collect all essential pieces of evidence. Although some pieces of information might be readily available, others might not be. For instance, if your medical treatment is incomplete, your lawyer might not have the information necessary to build your claim.
- Your attorney must create a demand package to demand settlement from Arch Insurance Company. Your lawyer must send the demand package and await a response. The length of time this step takes depends on both the competency of your attorney and the complexities surrounding your claim.
- Arch insurance must investigate your claim and respond to the demand for settlement. In general, it could take a minimum of one month to get a response from the insurance company.
- Your attorney and a representative of Arch Insurance Company must negotiate until a settlement amount is agreed upon. It could take many months for all parties to agree on a settlement. In general, it could take longer to reach a settlement if your attorney is incompetent.
- The insurance company will require that you sign a settlement release form before sending the settlement check to your attorney. The settlement release form removes liability from the insurance company in exchange for the settlement.
- In general, insurance companies send checks within 6 weeks of receiving this document.
- Your truck accident lawyer will receive the settlement check from your attorney. Upon receiving the settlement check, your truck accident lawyer will deduct all fees associated with your claims (if there are any liens on your settlement, they will also be deducted from your claim). This could take an additional 2 weeks.
After all of the steps above are completed, you will receive the settlement for your truck accident claim. How long do truck accident cases with Arch Insurance Company take to settle? The answer to that question and all other questions about the time it could take to settle a claim depend on the legal process.
If your claim is straightforward and encounters little to no complications, your truck accident claim will likely settle promptly. If your claim is riddled with complication after complication during the entire legal process, your case will take longer to settle. If you would like more information about the amount of time it takes Arch Insurance Company to pay on an 18 wheeler accident case, do not hesitate to contact the knowledgeable lawyers at Normandie Law Firm as soon as possible.
The Average Time to Settle
What is the average time it takes Arch Insurance Company to settle a truck accident lawsuit? How long it takes Arch Insurance Company to settle a semi-truck accident can be affected by the legal process. Although you should not make assumptions about how long your claim could take to reach a settlement, you could benefit from exploring the average lengths of time associated with settling truck accident claims. Frequently (this applies to the majority of claims), truck accident claims are settled within 2 years. However, truck accident claims are usually settled between 12 months and 18 months. The duration to settle a truck accident claim depends on the details of your truck accident claim and the legal process. Usually, truck accident claims with little to no complications can effectively settle in less than 18 months—some even settling in less than 1 year. However, it is also possible that claims (those with a series of complications) take longer than 2 years to reach a settlement; although it only occurs rarely, claimants should acknowledge the possibility. For more information about how long it could take to settle your claim after you were rear ended by a truck, contact our law firm as soon as possible.
Our Law Firm
After an accident with an 18 wheeler, you likely have many questions about the time that could pass before your truck accident claim settles. For answers to all your questions about the time it could take to settle your truck accident claim, you must seek legal assistance with the attorneys at Normandie Law Firm. Normandie Law Firm is a personal injury law firm that is dedicated to representing all parties that have been negatively affected by truck accidents. If you are in need of legal assistance, do not hesitate to contact our law firm—you could benefit from our free consultations and free second opinions.
During our free consultations, our truck accident lawyers will be available to answer all your questions and address all your concerns, including those about the length of time it could take to settle your claim. Our lawyers will provide you with all the information that you need to begin your truck accident claim against Arch Insurance Company. To benefit from our free consultations and begin your claim against Arch insurance, contact our firm today.
During our free second opinions, our truck accident lawyers will also be available to answer your questions and concerns. However, our free second opinions are designed for claimants who have already started their claims with other lawyers. Unfortunately, many victims of truck accidents rush into law firms without ensuring that the attorneys that they are allowing to handle their claims are competent. If your lawyer has left you with doubts about your claim or unanswered questions, it is likely that he or she is incompetent. Do not allow the incompetence of your truck accident lawyer to affect the time it takes to settle your claim. Our truck accident lawyers will evaluate your claim and provide you with the guidance that is necessary to redirect your claim towards a settlement. To schedule a free second opinion, contact us today.
Our Zero-Fee guarantee ensures that you will not have to pay any upfront legal fees for any of our services. Our firm is also based on contingency; you will not pay unless you win. For legal assistance for your truck accident claim against Arch Insurance Company, contact our law firm today.
