After a car accident, you may be anxious about when you will get your compensation. Unfortunately, there is not a definite answer, since there are often multiple parties involved and many situational factors at hand.
How long it takes to get a settlement from a car accident can vary from around a month to often taking around two months for everything to be completely settled. The quickest route to receiving a settlement is if you find that the initial insurance settlement meets your needs and you take it.
If you decide that the insurance offer is not satisfactory, you may decide to sue for the damages. This is a longer process, but it is worth it for many victims.
If you’re less than 50% responsible for the accident, you can file a lawsuit against the party that should be held responsible for your damages and will collect compensation upon winning. A lawsuit can take anywhere from a few months or a few years to be settled, depending on the details of the accident, the damages that are being claimed, and more.