Stratford Insurance Company is an insurance company that provides a variety of products for commercial property, health, general liability, professional liability, workers compensation, commercial auto, group life, and disability. Since 1986, Stratford Insurance Company has been a leading insurance company claiming to keep their client’s best interest as their priority. However, Stratford Insurance Company could be seen as just another insurance company that is ready to pay little to nothing for any injury claims.
If you or a member of your family were involved in a truck accident with a commercial vehicle insured by Stratford Insurance Company, you might have recently learned about your right to sue Stratford Insurance Company for the harm suffered. Most people have a general idea regarding their right to sue and recover compensation after a personal injury accident, such as a truck accident. However, because people never consider the possibility that they could be involved in a truck accident, they do not look for information relevant to truck accident claims.
Odds are that if you had the need to search for information about truck accidents, that you have recently been harmed by a truck accident. You might have many questions some of which might be in regards to the length of time it takes Stratford Insurance Company to settle a truck accident claim. Our firm is often approached with the following questions:
- How long does it take to settle a truck accident claim with Stratford Insurance Company?
- What is the average amount of time it takes for Stratford Insurance Company to compensate you for a truck accident case?
- How long is the period of time for Stratford Insurance Company to pay for a truck accident involving Stratford Insurance Company?
- How long does it take Stratford Insurance Company to pay a truck accident claim?
- How long do truck accident cases with Stratford Insurance Company take to settle?
- What determines the average amount of time for Stratford Insurance Company to settle a truck accident lawsuit?
Is there just one answer to all these questions? The short answer is no; there isn’t one universal duration to settle a truck accident claim. The time period to settle a truck accident claim with Stratford Insurance Company insurance will vary depending on a variety of factors. Because of that, it is essential that you seek legal assistance for information about how long it takes Stratford Insurance Company to pay on a truck accident case lawsuit.
If you are in need of legal services to learn more about the average time it takes Stratford Insurance Company to settle a truck accident lawsuit, you need to contact Normandie Law Firm at your earliest convenience. Normandie Law Firm is a personal injury law firm dedicated to fighting to the rights of the victims affected by truck accidents. Whether you sustained injuries or a member of your family died as a result of a truck accident, you could sue Stratford Insurance Company and receive compensation. Our knowledgeable lawyers will provide you with the information that you need to gain a better understanding of the amount of time it takes Stratford Insurance Company to settle a truck accident case—contact us today.
Why Prompt Settlements Matter
Why is it so important for you to settle your truck accident claim? Truck accidents are some of the most devastating types of personal injury accidents. Truck accidents are often severe, considering the size and weight of the trucks involved. Because of this, truck accidents often lead to severe injuries and, often, death. More often than not, truck accident claims lead to expensive medical bills. Truck accidents also leave victims unable to work to earn income (which is required to pay off medical bills). If the truck accident victim that lost his or her life was the primary provider of the family, the entire family’s economic foundation could become unstable. Whether you were directly or indirectly involved in a truck accident, you will likely encounter some financial difficulties as a result of the accident. The financial difficulties often result in debt and, eventually, bankruptcy.
How could reaching a truck accident claim help with your financial difficulties? The obvious answer to that question is that settling your claim will help lessen or eradicate the debts incurred by the truck accident. Without a doubt, settling your truck accident claim will allow you to stop worrying about your finances and start focusing on recovering the life you lived before the unfortunate accident. Our attorneys understand the urgency in which you need to reach a settlement for your truck accident claim; therefore, they will not rest until your truck accident claim reaches a just settlement. For more information about how long it takes Stratford Insurance Company to settle a semi-truck accident, contact our firm and request to speak with our attorneys as soon as possible.
The Determining Factors
How much time does Stratford Insurance Company take to make payments on a truck accident case? There are many factors that could affect the amount of time it takes for Stratford Insurance Company insurance to pay on an 18 wheeler accident case. Some of the factors that could affect how long an 18 wheeler lawsuit takes include the following: the severity of your physical injuries, the compensation you are claiming, the competency of your lawyer, and the complexity of your truck accident claim, for example.
Although the time your claim takes to settle could be affected by the factors above, the most important factor that determines the time you will have to wait to settle your claim is the legal process. Every claim is subject to the same legal process; however, each legal process takes a different amount of time. The legal process consists of the following steps:
- Your attorney must gather all the information pertaining to your claim. Your lawyer needs access to all details to begin building your claim. Your attorney will need to gather details pertaining to your medical bills, lost income, property damage values, and all other expenses resulting from truck accidents. This information is relevant in determining your claim’s value. Medical bills, for instance, must be complete; if treatment is not completed, future medical expenses must be projected.
- Your attorney must create a demand package using all the supporting evidence for your truck accident claim. The purpose of the demand package is to demand a settlement. After creating the demand package, your attorney must send the demand to the insurance company. The length of time this takes to complete depends exclusively on the competence of your attorney.
- Stratford Insurance Company will receive and review the demand package. Insurance companies often begin an investigation process that could last approximately one month. After the investigation is complete, the insurance company will respond to the demand for settlement, possibly, with a settlement offer.
- The parties will begin negotiations for a settlement. Depending on the details of the claim and the claim’s value, the claim could reach a settlement in a few weeks or in many months. The insurance company and your attorney will constantly be making offers and counteroffers until all parties can reach an agreement.
- The insurance company, after a settlement has been reached, will require that the claimant sign a settlement release form. This document serves as a release of liability for the insurance company. The insurance company is no longer liable for any of the claimant’s damages in exchange for the settlement. After signing the release form, it could take up to six weeks for the insurance company to send the settlement check.
- The attorney will receive the settlement check; the attorney must then account for all legal expenses, fees, and liens, and take them from the settlement. The remaining portion of the settlement check will be available for the claimant.
How long do you have to wait for Stratford Insurance Company to settle a semi-truck accident case? How long a truck accident lawsuit takes, more often than not, depends on the legal process depicted above. If there are any difficulties or delays in at least one of the steps above, your case will take longer to reach a settlement. Because the time to settle your truck accident claim could vary drastically depending on your claim and any difficulties that you might encounter during the legal process, it is essential that you discuss your claim with a lawyer at your earliest convenience.
The Average Length of Time
As mentioned in the sections above, the time it takes to settle your truck accident claim is likely to vary based on your claim’s details. Usually, it could take up to 2 years to reach a truck accident settlement after an accident with an 18 wheeler. Rarely, truck accident claims take longer than 2 years to reach a settlement; although rare, it is possible for a claim to take that long to settle, especially in complex cases. Frequently, truck accident claims are settled within 12 to 18 months. The 12- to 18-month timeframe is associated with truck accident claims that could encounter minor to moderate complications during the legal process. However, some truck accident claims could be settled in less than 12 months. For more information regarding the length of time associated with the length of time that you might need to wait before reaching a settlement and being rightfully compensated, contact the experienced lawyers at Normandie Law Firm as soon as possible. Our truck accident lawyers will provide you with the legal guidance that you need to file your truck accident claim against Stratford Insurance Company within an acceptable amount of time.
The Truck Accident Lawyers at Normandie Law Firm
If you are in need of legal assistance, you should contact our truck accident attorneys at your earliest convenience. Normandie Law Firm is a personal injury firm dedicated to fighting for the rights of all victims of personal injury accidents, including truck accidents. Truck accidents are some of the most devastating types of accidents because they often result in severe injuries and death. Truck accidents also lead to financial difficulties that could prevent entire families from being able to lead full lives. If you were rear ended by a truck and you would like to learn more about filing a lawsuit against Stratford Insurance Company, do not hesitate to contact our law firm immediately—you could benefit from our free legal services.
During our free consultations, our experienced lawyers will be available to answer all your questions, address all your concerns, and provide you with the information that you need to understand your right to sue and the time it could take to settle your truck accident claim. Our free consultations are for those who are interested in beginning their truck accident claims and need legal assistance to start their legal process. If you would like to schedule a free consultation, contact our law firm today.
During our free second opinions, our lawyers will be available to provide you with the information that a negligent attorney might have left out or forgotten. Many attorneys accept truck accident claims even if they are unqualified to effectively handle the claims. Because of that, many claims are negatively affected and often misled towards unsuccessful outcomes. In some cases, the claims take too long to settle simply because of the attorney’s incompetence. If your current attorney’s incompetence has negatively affected your truck accident claim. Do not hesitate to contact our law firm today and request to schedule a free second opinion. Our lawyers will address your doubts and confusion while redirecting your truck accident claim towards reaching a settlement.
Our free legal services are available as parts of our Zero-Fee guarantee. Our Zero-Fee guarantee ensures that our clients never have to worry about paying upfront fees for any of our legal services. Our firm is also strictly based on a strict contingency structure; this means that our clients will not be charged for any legal fees until after our lawyers have settled your truck accident claim. To benefit from our free legal services and start or redirect your claim against Stratford Insurance Company, contact our law firm today.
