Agent filling Insurance form examining damage in car after accident

How Long Does It Take to Settle a Car Accident Claim?

Downs, McDonough, Cowan & Foley Dec. 1, 2023

Getting involved in a car accident can be a life-altering event, causing not only physical pain but also emotional distress and financial strain. We understand that the aftermath of such an incident can be overwhelming, with victims often left to navigate through complex legal procedures while trying to heal and put their lives back together. At Downs, McDonough, Cowan & Foley, LLC, we empathize with your situation and are committed to offering the support you need during this challenging time.

Our firm is based in Durango, Colorado, and we proudly serve clients throughout Telluride, Pagosa Springs, Cortez, and The Four Corners. Our team of experienced attorneys specializes in handling car accident claims, working tirelessly to ensure that our clients get the justice and compensation they deserve. We're not just your lawyers; we're your neighbors, your friends, and your advocates. 

Understanding the Settlement Process

Settling a car accident claim involves several stages, each requiring specific help and knowledge. Initially, you and your legal team will need to conduct a thorough investigation of the accident, collecting all necessary evidence like police reports, witness statements, and medical records. This step is crucial in establishing fault and determining the full extent of your damages. 

Once you have gathered all pertinent information, an attorney can engage in negotiations with the insurance companies involved. The main objective here is to secure a fair settlement that adequately covers your injuries, medical bills, lost wages, and any other damages you may have incurred as a result of the accident. 

Finally, an attorney will evaluate your damages meticulously. This includes both economic damages, such as medical expenses and lost income, and non-economic damages, such as pain and suffering and emotional distress. 

Factors Affecting the Timeline

The timeline for settling a car accident claim can vary greatly depending on several factors. The severity and nature of your injuries can significantly influence the duration, as cases involving severe injuries or extensive medical treatment often take longer to resolve. 

The complexity of determining liability can also affect the timeline, especially when multiple parties are involved or if there is a dispute regarding who was at fault. Our seasoned attorneys will diligently work to establish liability and hold the responsible parties accountable. 

Lastly, the cooperation level of the insurance company plays a crucial role in the process. Our team has extensive experience dealing with insurance companies and will advocate fiercely for your best interests throughout the process. 

Statute of Limitations

In Colorado, the statute of limitations for personal injury claims, including car accidents, is generally three years from the date of the accident. This means you have three years to initiate legal action against the party responsible for your injuries. Missing this deadline can result in losing your right to seek compensation, which is why it's important to act promptly. 

Benefits of Hiring an Experienced Car Accident Attorney

Engaging an experienced car accident attorney can significantly enhance your chances of receiving fair compensation. At Downs, McDonough, Cowan & Foley, LLC, we bring to the table our deep understanding of car accident laws, strong negotiation skills, and an extensive network of resources necessary for a thorough investigation.

Our team will not only guide you through the complex legal process but also help take the burden off your shoulders so you can focus on healing. With us by your side, you can rest assured that your case is in capable hands. 

Strong Legal Representation

While dealing with the aftermath of a car accident can be tough, remember that you don't have to go through it alone. At Downs, McDonough, Cowan & Foley, LLC, we're committed to standing by your side every step of the way. Serving Durango, Colorado, and the surrounding areas, our firm boasts a team of dedicated attorneys ready to fight for the justice and compensation you deserve. Contact us today for a free consultation, and let us guide you through the process of settling your car accident claim.