Wilshire Insurance Company is one of the insurance companies that provides the most comprehensive commercial auto coverage. If you were recently involved in a truck accident, you might have also recently learned about the possibility of pursuing a claim against Wilshire Insurance Company.
Whether you have thought about filing a claim against Wilshire Insurance Company or you have already started your claim, you might have many questions. Because of the financial difficulties that result from truck accidents, many of your questions might surround the length of time it takes Wilshire Insurance Company to settle a truck accident claim.
You might have some of the following questions:
- How long does it take Wilshire Insurance Company to pay a truck accident claim?
- What is the average amount of time it takes for Wilshire Insurance Company to compensate you for a truck accident case?
- How long does it take to settle a truck accident claim with Wilshire Insurance Company and receive compensation?
- Can anything affect how long it takes Wilshire Insurance Company to pay on a truck accident case lawsuit?
- How long must claimants wait before they are compensated?
As you can see, most of the questions above revolved around the average amount of time for Wilshire Insurance Company insurance to settle a truck accident lawsuit. Why is the time period to settle a truck accident claim with Wilshire Insurance Company insurance so important? Truck accidents can undeniably lead to devastating results. Victims suffer injuries or lose their lives depending on the severity of the accident. Truck accidents lead to medical expenses, the inability to work to earn income, the loss of savings, and other financial difficulties. For many parties affected by truck accidents, settling a claim is one of the only means to overcome the sudden financial struggles. Because of this, knowing how long a truck accident lawsuit takes is essential for those dealing with truck accident claims.
If you would like to learn more about the period of time for Wilshire Insurance Company insurance to pay for a truck accident involving Wilshire Insurance Company, you must seek legal assistance from an experienced truck accident attorney as soon as possible.
Normandie Law Firm is a personal injury law firm dedicated to fighting for the rights of those who have been harmed during truck accidents. Our lawyers have many years of experience handling truck accident claims against a variety of insurance companies, including Wilshire Insurance Company. If you would like our attorneys to evaluate your claim and provide you with all the information that you need to file your claim and understand the amount of time it takes Wilshire Insurance Company to settle a truck accident case, you must contact our law firm at your earliest convenience.
The Process of Settling a Truck Accident Claim
How much time does Wilshire Insurance Company take to make payment on a truck accident case? How long do ruck accident cases with Wilshire Insurance Company insurance take to settle? How long do you have to wait for Wilshire Insurance Company insurance to settle a semi-truck accident case? To answers to these questions and any other questions you might be having regarding the average time it takes Wilshire Insurance Company to settle a truck accident lawsuit, you must have a thorough understanding of the process of settling a truck accident claim.
The settling process consists of the following:
- Your attorney must collect a variety of evidence for your claim to prepare a demand package. If you sustained injuries that required medical attention, it is vital that your lawyer has access to your completed medical costs. If a complete record of your treatment is unavailable due to ongoing treatment, you must be evaluated and projected information about your future medical care must be available to your attorney. A complete record of your medical treatment ensures that your claim is valued correctly.
- Your attorney must create and send the demand package. Depending on the complexity of your claim and the competency of your attorney, creating the demand package could take anywhere from a few days to a few weeks. The demand package is a demand for settlement from Wilshire Insurance Company.
- Wilshire Insurance Company will receive the demand package and begin an independent investigation of the truck accident claim. The insurance company’s investigation is likely to last approximately one month. After the investigation is complete, the insurance company will contact your attorney.
- The insurance company will contact your attorney with a settlement offer. In most truck accident cases, the first settlement offer severely undervalues the claim. Therefore, your attorney must negotiate with Wilshire Insurance Company until reaching an agreement. Negotiations usually last a few months, depending on the severity of the claim.
- After negotiations, there will be an agreement on a settlement amount. You will be required to sign a settlement release before the insurance company sends the settlement check. The insurance company will send the settlement check within 6 weeks of the signing of the release.
- Your attorney will receive the check and take no more than 2 weeks to make the appropriate deductions for legal fees and liens (or any other legal expenses); then, your check will be available for you.
The amount of time it takes for Wilshire Insurance Company insurance to pay on an 18 wheeler accident case depends on the point above. The majority of the points above are associated with a specific length of time. If there is any complication or postponement in at least one of the points above, your case will take longer to settle.
For instance, if your attorney does not send the demand package as soon as it is ready to be sent, it will take longer for the insurance company to begin their investigation and make a settlement offer. If your attorney is not actively following up with the insurance company during negotiations, the negotiation process could take longer thus lengthening the entire process. Likewise, if you are unavailable to sign the settlement release, it could take longer to settle. How long it takes Wilshire Insurance Company insurance to settle a semi-truck accident can vary drastically from case to case; therefore, it is essential that you discuss the duration that you should expect for our truck accident claim.
The Average Duration of Claims
The majority of truck accident claims can reach a settlement within 2 years. Rarely, there are complex claims with constant obstacles that prevent a prompt settlement; such claims could take more than 2 years to settle. On the contrary, there are simple claims that settle quickly and with no complications. These truck accident claims often involve minor injuries and damages. They could be settled anywhere from 6 to 8 months. Usually, truck accident claims reach a settlement within 12 to 18 months. How long an 18 wheeler lawsuit takes often changes from case to case. Because of that, we recommend that you seek legal assistance to discuss the time it could take to settle your claim.
Normandie Law Firm
Unfortunately, many victims of truck accident claims hesitate to pursue claims because they fear the length of time they could spend waiting for a settlement. Frequently, many claimants drop their claims because the process is taking too long, and they cannot afford to keep waiting for a settlement. At Normandie Law Firm, our attorneys understand this; therefore, they will always do everything within their reach to help you settle your claim within a reasonable amount of time. If you would like to file your claim and reach a settlement, you could trust the attorneys at Normandie Law Firm. The attorneys at Normandie Law Firm have many years of experience handling truck accident claims against even the most recognized insurance companies. Our lawyers will not hesitate to handle your truck accident claim against Wilshire Insurance Company. If you would like to discuss the time it could take to settle a claim after you were rear ended by a truck, you must contact our law firm as soon as possible.
Our law firm offers free legal services to all parties affected by truck accidents:
- Free consultations—our law firm offers free consultations to all parties looking to settle their car accident claims. Our lawyers are ready to provide you with all the information that you need to understand your right to sue and recover compensation. Our lawyers will be available to answer all your questions and address all your concerns regarding your claim and how much time it could take to successfully settle your claim. Our lawyers will provide you with the information that you need to file a claim against Wilshire Insurance Company after you were involved in an accident with an 18 wheeler.
- Free second opinions—our law firm also offers free second opinions to all parties who have already started their claims with attorneys at other law firms. If you rushed into hiring an attorney without weighing your options and asking the appropriate questions, your current attorney’s incompetence could be negatively affecting your claim. In many cases, the incompetence of attorneys lengthens the settlement process (or prevents the claim from reaching a settlement). Our lawyers will clarify your doubts and confusion and redirect your claim towards a successful outcome.
The legal services discussed above are available as part of our Zero-Fee guarantee, a guarantee which ensures that our clients will never be required to cover any upfront legal fees when they contact our law firm. Our law firm is also strictly based on a contingency structure. Because of our contingency structure, our clients will not pay legal fees until after reaching a successful claim outcome. If your claim does not settle or reach a successful outcome, you will not be required to pay us anything. If you are ready to discuss your claim with our truck accident lawyers, you must contact our firm immediately.
