There’s no average length of time for a settlement to be paid out. Every person or business involved in the accident could have an insurance company that drags out the timeline. There is a statute of limitations for an accident claim IN COURT. In Wisconsin this is 3 years from discovery of the injury. An insurance company might try to delay your settlement to deny themselves of liability. If you or a loved one was injured or killed, it is important to contact an attorney as soon as possible.