How Long Should You Take a Car Settlement: Part 2

March 24, 2023 Car Accident

car accident

If you want to get a fair settlement from the auto insurance company, you need to be prepared to wait it out. In the previous section, we went over some factors affecting the longevity of your car accident settlement cases. 

In this guide, we’ll take a deeper dive into what you can expect during the process. Get in touch with us today to learn how.

Why Faster Settlements Aren’t Ideal

It may be an obvious point, but it’s worth making: you want to get paid as much as possible for your injuries. The insurance company would much rather pay you less. So each side has a different incentive to settle quickly or drag things out.

Settling for an amount of money that is less than what you originally hoped for can be difficult to accept. However, it is important to remember that once you accept the settlement, there is no going back and asking for more money. 

It is, therefore, crucial to make sure that the settlement you agree to is one that will provide for you and your family in the long run. Although it may be difficult to take the time to negotiate a higher settlement, it will be worth it in the end if it means you will be able to support yourself financially.

The insurance company will try to settle quickly if it thinks you don’t have a strong case. And it will try to drag things out if it thinks you have a strong case. This is why it’s important to have an experienced car accident attorney on your side. Your attorney will know when to settle a case quickly and when it’s worth dragging things out a bit.

The Statute of Limitations on Lawsuit Filing

It is important to keep in mind that you only have a limited amount of time to file a lawsuit. This is known as the statute of limitations. Here are some key things to remember on the matter.

1) The Deadline is For Filing the Lawsuit, Not Reaching a Settlement

The statute of limitations refers to the deadline for filing a lawsuit. It does not refer to the deadline for reaching a settlement. So, you can still reach a settlement after the statute of limitations has passed.

After you file a personal injury case, it may still take months or years for the case to be resolved.

2) The Deadline is Final

Once the statute of limitations has passed, you will be unable to file a lawsuit. So, you should not wait until the deadline is approaching to file a lawsuit. 

3) Don’t Hesitate to Call a Lawyer

If you’ve been injured in an accident, don’t hesitate to call a personal injury lawyer. They can help you understand the statute of limitations and ensure that your case is filed in a timely manner.


If you are involved in a car accident, the best thing you can do is to talk to a lawyer before reaching a settlement. There is no sure answer to how long it will take, but it pays to have all of your bases covered.

Circeo Law Firm can help you get the legal aid you need. We are an injury lawyer in Lexington, KY, well-versed in car and truck accident settlements. Get in touch with us today to learn how.