How Long after a Demand Letter Does a Settlement Take in New Mexico?
When injury victims set out to file a claim, they often wonder how long the process will take. This will vary greatly from case to case, and it depends on a variety of factors.
To start, the investigation process into what caused your New Mexico accident could take time. It can also take time for your injuries to heal and for you to collect evidence to prove your injuries and related losses.
Once you’ve put your claim together and are ready to submit it with an insurance company, you will likely also want to know the answer to this question: How long after a demand letter does a settlement take in New Mexico?
What Could Affect Your Insurance Claim Timeline
Most claims from start to finish only take between a few months to a year. That means that after a demand letter has been sent, it could take between a few weeks to a few months for you to receive a settlement. The time frame will depend on several different factors. Here are a few of those factors:
- Are you happy with the settlement being offered to you?
- How many cases is the insurance adjuster dealing with?
- Is the insurance company denying your claim or part of your claim?
- Is it the holiday season?
- Are your injuries fully healed, or are you still seeing a healthcare provider?
- Are you going to take your case to court?
Contact a Personal Injury Lawyer in New Mexico
As you can see, many factors affect how long your settlement will take. If you end up going to court, the process could take even longer. However, an attorney can usually help to speed up the process.
Now you have a good idea as to how long after a demand letter a settlement will take in New Mexico. Feel free to contact an injury lawyer at Will Ferguson & Associates to discuss your case in a free case review. Call 505-633-0750, or fill in the web contact form on this page.