A long time.
You would have been much better off trying to deal with the insurance company directly.
A dirty secret lawyers don't want you to know: A study by the Insurance Research Council shows that claimants who deal directly with the insurer get only slightly less than what they would have gotten with a lawyer (because the lawyer takes 30-40% of the settlement....anything extra they would have gotten you, they take away in their fees) and they get it more than a year more quickly.
So using a lawyer gets you the same money, but takes a year longer. So why bother with a lawyer?
The best advice is to deal honestly and reasonably with the insurer. Make a fair settlement offer, be honest and reasonable and persistant.
You'll get about as much money and you get it much, much faster.
2006-08-07 17:37:04
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answer #1
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answered by markmywordz 5
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Depends on the adjuster but this much I can tell you: once you get to the point of having a release out there, the last thing you want to do is drag it out any longer. An insurance adjuster sees a continual flow of paperwork across the desk. Getting a check out in exchange for a signed release means one less file on the desk.
In fact, if the attorney you chose is reputable, the adjuster will quite often send the check with the release. The attorney gives you your share when you sign. Apparently the adjuster did not do this so perhaps this particular attorney does not have a good relationship with the insurer.
In reading the other answers, I saw something interesting. The study cited indicated claimants get slightly less than they would have gotten without an attorney. I'm not challenging the data but I wonder why that would be. When an adjuster looks at an injury claim, the presence of an attorney, or the lack thereof, is not a factor in the evaluation. The adjuster's job is to evaluate the claim and come up with a settlement range for what it will take to indemnify the claimant (meaning to put them back to where they were before). Indemnifcation has nothing to do with whether the claimant retained an attorney. That decision and expense is the claimant's. Of course, the attorney is likely to be a far more skilled negotiator than the claimant. Therefore, the adjuster may assume that the claim is going to settle at the high end of that range. Unless the adjuster missed something, however, it will settle within that range either way.
On run of the mill injuries from minor impacts, most people will come out better dealing with the insurer on their own. I know every personal injury attorney out there would try to argue otherwise but you can bet you are not going to see a 33% higher total settlement.
On larger injuries that involve multiple insurance policies or claims in excess of insurance limits, an attorney can be an asset. Managing all of the medical providers and finding all insurance that could possibly apply is not easy. Your adjuster can help with that but the burden of supporting the claim remains with the claimant.
2006-08-10 18:04:26
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answer #2
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answered by OneManWrites 2
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You'll have to contact your attorney on that.
I've paid claims and the attorney doesn't send the money until 2 weeks later or some on the next business day.
Ask the attorney if you can come and pick up the check to avoid the mail delivery lag time.
Be aware the attorney has to pay medical bills and his fees from the settlement unless medical bills have been paid by your medical payments policy.
After this experience you might want to take on the handling of the claim directly with the insurance company.
Senior claims representative
2006-08-08 07:03:56
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answer #3
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answered by Kamikazeâ?ºKid 5
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it takes time buddy
2006-08-08 13:57:58
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answer #4
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answered by mkd20012001 2
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