National American Ins Co (NAICO) was founded in 1987. Licensed in 49 states in the U.S., National American Ins Co is one of the leading insurance companies in the country, with an excellent score from an independent insurance rating agency. National American Ins Co started as an insurance company specifically for the trucking industry; even though the insurance company has expanded, National American Ins Co has never strayed from their roots and providing exceptional truck insurance products.
Were you recently involved in a truck accident? Did a member of your family suffer fatal injuries after being involved in a traumatic truck accident? If so, you might have the right to file a lawsuit. If the truck that caused your accident was insured by National American Ins Co, you could pursue a truck accident claim against NAICO.
Without a doubt, filing a truck accident claim might not be the first thing that you think about after being harmed by a truck accident; however, you have probably considered the possibility of pursuing a claim—even if your accident happened a few months ago.
Have you thought about the possibility of pursuing a claim against National American Ins Co? Are you interested in your right to sue and receive compensation? Are you interested in learning more about the settlement you could receive and when you could receive it? You might have some of the following questions:
- What is the amount of time it takes for National American Ins Co to pay on an 18 wheeler accident case?
- How long does it take to settle a truck accident claim with National American Ins Co?
- What determines the length of time it takes National American Ins Co to settle a truck accident claim?
- What is the average amount of time it takes for National American Ins Co to compensate you for a truck accident case?
- How long after an accident with an 18 wheeler will you have to wait to receive your settlement?
- What affects the time period to settle a truck accident claim with National American Ins Co?
If you have any of the questions above or any other concerns regarding the average amount of time for National American Ins Co to settle a truck accident lawsuit, you should seek legal assistance with knowledgeable attorneys as soon as possible.
Normandie Law Firm is a personal injury law firm dedicated to helping all victims of unfortunate and devastating accidents, such as truck accidents. If you or a member of your family were affected by a truck accident, you could trust our truck accident lawyers—which have many years of experience—to effectively handle your claim and help you recover the compensation that you deserve.
Would you like to discuss your truck accident claim with our attorneys? If so, do not hesitate to contact our law firm and request a free consultation or free second opinion—our truck accident lawyers will provide you with all the information that you need to file your truck accident claim against National American Ins Co and recover a settlement within a reasonable length of time.
Your Questions
What is the period of time for National American Ins Co to pay for a truck accident involving National American Ins Co (NAICO)? What determines how long it takes National American Ins Co to pay on a truck accident case lawsuit? What is the duration for truck accident claims to settle? Why do these questions matter? Why is it common for the victims of truck accidents to be interested in how long it takes National American Ins Co to settle a semi-truck accident claim?
No one is ever prepared to be involved in a personal injury accident—because no one ever expects to be in a life-changing accident. Truck accidents, although they have become very common, almost always catch the parties involved off-guard. Truck accidents are also some of the most expensive types of personal injury accidents for a number of reasons. Therefore, victims and their families are suddenly left with a mountain of unexpected expenses.
Without the ability to work and earn income—especially if the victim was once the primary source of income for his or her family—victims and their families are likely to find themselves unable to make ends meet. What are your options after a truck accident leaves you and your family in financial distress? Do you max out your credit cards? Do you apply for a loan? Often, some of the options that offer temporary relief to economic distress are not feasible because they only dig you deeper into financial trouble in the long-run.
Because of that, one of the only viable options for victims and their families is to pursue a truck accident claim and demand the settlement that they deserve. However, reaching a settlement can frequently be a lengthy process. Victims and their families are tight on time—especially since bills continue to pile up; therefore, victims and their families are anxious to learn more about how long a truck accident lawsuit takes to settle.
At Normandie Law Firm, our knowledgeable attorneys have a thorough understanding of your financial troubles and the urgency in which you and your family need to settle your claim. Therefore, our lawyers will always fight for your right to settle your truck accident claim within a reasonable amount of time. For more information about how long an 18 wheeler lawsuit takes to reach a settlement, do not hesitate to contact our law firm as soon as possible.
The Importance of the Legal Process
How long does it take National American Ins Co to pay a truck accident claim? The answer to this question is likely to vary depending on who is asking and the specific details of their claims. All truck accident claims are subject to a legal process that is necessary to reach a settlement. The legal process consists of many parts and includes many parties. In general, the legal process reflects the time it could take to settle a claim as there is a correlation between the complexity of the legal process and settlement time.
Consider the following steps of the legal process:
- The truck accident lawyer evaluates your claim and begins collecting the evidence necessary to build your claim. Depending on the details of your claim, this initial step could take a few weeks or a few months.
- The truck accident lawyer creates and sends the demand package to the insurance company—making a demand for settlement. This step also depends on the details of your claim and could take anywhere from a few weeks to a few months.
- The insurance company receives the demand package and launches an independent investigation into your claim. Usually, investigations take approximately one month to conclude. However, complex claims could result in longer investigations.
- After the investigation is complete, the insurance company will respond to the demand. Although it is possible for the insurance company to respond with a denial of the claim, it is likely that the insurance company responds with a settlement offer. If the initial settlement offer is unreasonably low, your lawyer will respond with a counteroffer—which begins negotiations. Negotiations usually take many months.
- All parties agree to a settlement offer. You are required to sign and return a settlement release document. Signing the settlement document can only take a few minutes; however, it could take much longer if you are unavailable to sign the document. After signing the document, it could take up to 6 weeks for the insurance company to send the settlement check to your attorney.
- The truck accident attorney receives the settlement check and deducts all legal expenses, before making the settlement available to you. It could take up to 2 more weeks to finally receive your settlement check.
As you could see, the legal process required to settle a claim after being rear ended by a truck, for example, consists of many steps. If there are complications during the process listed above, your case will take longer to reach a settlement. For more information about the legal process and how your settlement could be affected, seek legal assistance at your earliest convenience.
The Average Lengths of Settlements
What is the average time it takes National American Ins Co to settle a truck accident lawsuit? How much time does National American Ins Co (NAICO) take to make payment on a truck accident case? Although averages could be helpful in trying to determine certain figures or lengths of time, averages tend to be inaccurate in terms of truck accidents.
A truck accident claim could take 6 months to settle, or it could take more than 2 years to settle—it all depends on the details of the claim. It is generally safe to assume that truck accident claims could settle in 2 years. Simple claims could settle in less than one year. Claims take longer to settle depending on their complexity and their legal process. For instance, claims with minor complications could take closer to 18 months to reach a settlement. Truck accident claims with multiple instances of difficulties during the legal process could take closer to 2 years to settle. Although it only occurs rarely, truck accident claims could settle in more than 2 years (occurs when there are multiple problems during the legal process or when the claim is riddled in complexities). For more information about the amount of time it takes National American Ins Co to settle a truck accident case, you should discuss your claim with a truck accident lawyer.
Normandie Law Firm
How long do you have to wait for National American Ins Co to settle a semi-truck accident case? How long do truck accident cases with National American Insurance Company take to settle? If you are in need of answers to these questions, do not hesitate to seek legal assistance with the knowledgeable attorneys at Normandie Law Firm. Our truck accident lawyers are committed to helping you recover a settlement for your claim within a reasonable amount of time. If you would like to discuss your claim with our lawyers and benefit from our free consultations and free second opinions, contact our attorneys as soon as possible. Whether you are interested beginning your claim or you are worried about the incompetence of your previous attorney affecting the outcome of your claim, you could trust the lawyers at Normandie Law Firm to guide your truck accident claim toward the settlement that you deserve.
Our free legal services are available as part of our Zero-Fee guarantee. You will never have to pay any upfront legal expenses. Our firm is based on contingency—you will only pay once you win. Do not hesitate to seek legal assistance as soon as possible.
