How long does it take for a catastrophic injury claim to be settled?
The time needed to settle a catastrophic injury claim in California can vary greatly depending on the specifics of the case. Generally, it is not uncommon for these claims to take one year or more to settle. When it comes to catastrophic injury claims, a great deal of evidence and documentation must be collected and reviewed. All details of the injury must be considered, including medical records, investigative reports, witness statements, and more. It can take a great deal of time to put together the necessary facts to prove a case and move forward with negotiations. Once the evidence is collected and reviewed, the two sides must negotiate the terms of a settlement. It is not uncommon for multiple rounds of negotiations to take place between attorneys and insurance companies as they work out a settlement agreement. Once a fair and reasonable settlement is reached, the parties must legally codify the agreement, which requires additional paperwork and time. In addition, California has laws in place that directly affect the amount of time needed to settle a catastrophic injury claim. For example, claims arising from medical negligence must adhere to the statute of limitations, which limits the amount of time the injured party has to file their claim. In summary, settling a catastrophic injury claim in California can take at least one year or longer depending on the complexity of the case and the adherence to state laws.
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