If you’ve been injured in an accident that occurred on another person’s property and are pursuing compensation from their insurance provider, you might be wondering how long it will take for your premises liability claim to settle. The answer to this question isn’t clear cut, as some claims can take as little as two months while others take several years to settle.
The amount of time it takes for your case to reach a settlement depends on several different factors. At Richmond Vona, our Buffalo premises liability lawyers can review the details of your case and estimate how long it might take to get the compensation you’re owed. Then, we’ll fight for the damages you need to recuperate from your injuries and financial losses.
Factors That Affect How Long Your Premises Liability Claims Will Take To Settle
When estimating how long it will take to settle your premises liability claim, there are several factors to consider. The following elements may all play a role in determining how long it will take for you to get the compensation you’re owed:
The Extent of Your Injuries
If you’ve suffered catastrophic injuries, like spinal cord damage or a traumatic brain injury (TBI), you’ll have to wait until you’re in a stable condition until you pursue a settlement. You’ll also have to wait for medical professionals to estimate how much compensation you’ll need to manage any lasting injuries or disabilities you’ve sustained in the accident.
If you’ve suffered a long-term injury that will impact your ability to work, a Buffalo catastrophic injury attorney can work with a vocational specialist who can help calculate how much compensation you’re owed for future loss of income.
Estimating the long-term financial effects of your injuries is a critical part of your case that will impact how long it takes your premises liability claim to settle.
The Losses You’ve Incurred
In addition to calculating your long-term medical bills and future income losses, there are a number of other damages your attorney must consider. Your lawyer will work closely with you to determine which forms of compensation you’re owed and how much money you should receive overall from your premises liability claim.
Depending on your unique circumstances, you could receive financial compensation for any of the following losses:
- Medical bills
- Lost wages
- Pain and suffering
- Emotional distress
- Loss of enjoyment of life
If the at-fault party demonstrated gross negligence, you may also qualify to receive punitive damages. As you can see, there are many economic losses and intangible struggles for which you could receive compensation. The more damages you’re owed, the longer it may take your attorney to negotiate a premises liability settlement with the insurance company.
The Insurer’s Willingness to Offer Fair Compensation
Unfortunately, many insurance companies will jump through hoops to avoid paying a fair settlement. If your claim is denied or if the insurer offers a settlement that isn’t large enough to cover your medical bills, income losses, and other financial setbacks, your case may take longer to resolve.
The good news is that an experienced lawyer can file an appeal if your claim is denied or continue negotiating with insurers if you receive a lowball settlement offer. If neither of those courses of action yields favorable results, then you’ll also have the option to pursue damages in court.
Denied claims, lowball offers, and court cases can all lengthen the amount of time it takes to settle your premises liability claim. Luckily, no matter how many obstacles you face while pursuing damages, a committed attorney can stick by your side and fight for the results you deserve.
How Long You Have to File a Premises Liability Lawsuit in New York
If you’re pursuing a premises liability settlement, it’s important to understand the laws and filing requirements that apply to your case. According to New York’s statute of limitations for injury cases, which can be seen in CPLR § 214, you have three years from the date of your accident to file a lawsuit against the liable party.
If you fail to take legal action within this period of time, you could be denied the compensation you need to pay your bills, cope with the pain and suffering caused by your injuries, and move forward with your life. Instead of delaying your claim and risking this outcome, reach out to a skilled premises liability attorney ASAP.
As long as you hire an attorney soon after your incident, they’ll be able to take swift and effective legal action.
Schedule a Free Consultation With a Trusted Premises Liability Attorney
Dealing with the aftermath of an accident that occurred on someone else’s property can be challenging, especially if you’re unsure how long your premises liability claim will take to settle. The good news is that the team at Richmond Vona, LLC, can take on the entirety of your case and give you a ballpark estimate of how long you can expect your claim to take.
Contact us today to schedule a free consultation with an experienced Buffalo premises liability lawyer and get started on your claim. We’ll meet with you to talk about your accident, offer helpful legal advice, and address any questions or concerns you have about the claims process.
