03/30/2023

How Long Does It Take to Get Your Insurance Settlement?

by Shulman Hill

There is no way to predict how long it could take to negotiate an insurance settlement in your case or if it is even possible. Some cases go to a civil trial without ever reaching a settlement agreement. Once you negotiate an agreement, there are only a few more steps to close the case and receive the payout. 

Shulman & Hill represents personal injury victims in New York and New Jersey, including all five boroughs of New York City. You can learn more about our services during a free case consultation with our team. Call us at 212.221.1000 today. 

Understanding What Happens After You Reach a Settlement Agreement

Many assume you receive your payment immediately following a negotiated settlement agreement in a personal injury case. However, there are several more steps to complete before you can deposit your check. This process takes time. Often, several weeks go by. The steps include: 

You Will Need to Sign a Release

An insurance company will not issue a check until they have a signed release from you. Part of the agreement is that you will release them—and their policyholder—from any further liability in the case in exchange for the money. Unless you sign this agreement, you will not get paid. 

When we manage a personal injury case, we review this release with our client to ensure they understand the document and what it means. 

The Insurer Will Process Your Payment

CPLR allows 21 days for most defendants to pay.  Municipalities can get up to 90 days to pay.

Your Attorney Will Receive the Check

The insurance company generally sends the check to the law firm. This allows the lawyer to deposit the check into escrow, pay any liens as necessary, and take their own fees. 

You Will Receive Your Payment

After handling the necessary steps, your attorney should transfer your money to you as soon as possible. This is generally done by cutting a check.

Should I Accept an Offer From the Insurance Company?

We recommend discussing your case with our team before agreeing to a settlement offer. We may have steps we can take to help you better understand the expenses and losses you suffered and determine if the offer is fair. 

All too often, victims consider lowball offers because they seem like a lot of money at the time. However, they will not cover the costs of current and future medical care, lost income, and other damages. 

What Damages Are Recoverable in a Personal Injury Case?

Most personal injury cases allow victims to pursue economic and non-economic damages. This is compensation for the expenses and losses endured because of the accident, including intangible losses. In general, recoverable damages may include: 

  • Past and future pain and suffering
  • Past and future medical expenses for accident-related injuries
  • Past and future lost income

Some state laws limit recovery of certain types of damages in traffic accidents to only those with serious injuries. Our lawyers know how to handle these cases and navigate these laws frequently for our clients. 

How Do I Get a Fair Settlement in My Personal Injury Case?

Most successful personal injury cases end with a negotiated settlement. The victim and their attorney negotiate with the at-fault party’s insurer until they reach a fair value for the case. Some, however, need to go to trial, where a judge or jury determines the outcome.

When you work with Shulman & Hill, you have New York’s premier personal injury law firm on your side. Our attorneys fight for the best interests of every client, seeking compensation based on their unique expenses and losses. Over the years, our team has secured upwards of $250 million for our clients. You may be next. 

We navigate the claims process and file lawsuits, often concurrently. If we do not negotiate a fair settlement for a client before their trial date arrives, we may present the case to the jury and ask them to award fair compensation. 

Discuss Your Insurance Claim and Options With Our Team Today

Shulman & Hill provides free case reviews for personal injury victims in our service area. We may be able to help you pursue an insurance settlement or take your case to trial, fighting for fair compensation. Call our team today at 212.221.1000 now to learn more. We don’t recover any attorney’s fees unless we obtain compensation for you.

Our History of Success

Testimonials

"The treatment received by Shulman & Hill was extremely excellent. They treated me like I was part of their family and that gave me a lot of confidence in them. I would recommend them one hundred percent because they are very trained in your area. I congratulate you and ask God to fill you with blessings. Gracias for your support."

Ramon E.

"I would like to thank The Shulman & Hill Law Firm in Brooklyn for their outstanding representation on my worker’s compensation case. The monetary reward exceeded our expectations and Alex worked closely with me to meet and exceed my goals."

John S.

"To anyone in need of a worker’s compensation lawyer, I highly recommend Alex Shulman and his team. They went above and beyond to best accommodate me during my time of injury. All my questions and concerns were answered in a timely manner and with the utmost professionalism. In addition and most importantly they fought to make sure I was correctly compensated for my injuries at time of settlement and didn’t rush to get paid. I will be recommending their firm to anyone and everyone in need of their services."

Chaim L.

"I am both satisfied and relieved with the results this extremely professional and reliable firm did. They lead me through the entire process, they never gave me any issues. They handled everything on their own, and always put a great deal of effort to ensure my comfort and best interest. They were always reachable and answered all my questions, and gave me information even when I didn’t know what the right question to ask was.  They turned a grave dilemma into something very manageable and repairable. They are efficient and do not linger with any paperwork, I was truly amazed at the results and the short time it took. I highly recommend them to anyone, and will seek their counsel in the future."

Akila B.

"I really appreciate the service I received with Shulman & Hill.  They walked me through the process and kept me informed every step of the way.  They would call and leave a message and when I called back, I was connected with a person who knew exactly what my call was about.  I was very satisfied with my settlements. Thank You!"

Aaron R.

"Alex Shulman did a wonderful job walking me through all the process of my case…making sure I understood all the legality and severity of all my hearing. I highly recommend their firm to handle any and all worker’s compensation cases. They strive for your wellbeing health-wise as well as aiming for the financial max."

Altagrace G.

"Schulman & Hill was my very first choice I chose for my WC case . I am very pleased with the outcome of my case. I would highly recommend them to friends. They are very professional and kept me informed during every step of this process. Should I ever need a WC attorney again, God forbid, Shulman & Hill it is, hands down . Thank you ."

Cheryl M.

"I had a great experience with Shulman & Hill. They have a great team and were very understanding and helpful from day one. I felt like I was in good hands and the outcome on my case overreached my expectations! I highly recommend this firm. You can be rest assured that they will fight for you rights."

Anna G.

"My experience with the Shulman & Hill lawyers during this process time was excellent, they are competent and very professional lawyers, they worked quickly with my case and they kept me informed of the whole process all the time. Shulman & Hill’s fans recommend them with closed eyes, thank you very much Shulman & Hill."

Carolyn G.

"Shulman & Hill is the best firm out there. They help you understand....since walking into Shulman & Hill, they have guided me...to get a win. I am completely happy with my compensation. What brought me to Shulman & Hill was their expertise in workers compensation and personal injury cases. What I found value in was in their mission to provide compassionate service..."

Jason S.

"I went to the Internet to find a lawyer to assist me to navigate worker’s compensation process. Shulman & Hill was my first choice  and I have no regrets. I was impressed with the prompt response to my case. I must comment on the office environment and office staff being  friendly, professional and prompt. A big thanks to the lawyers that represented me at the hearings and Valeria who helped to lessen my anxiety are dealing with legal issues. I have no hesitation in recommending this law firm to anyone that requires legal services."

Ita L.

"The best law firm in NYC! They explain everything to you and they are very generous and helpful. The lawyers are excellent and very respectful as also is the receptionist. I highly recommend the Shulman & Hill law firm."

Davis C.

"Excellent lawyers. Excellent service. I will recommend them as my first choice. They helped me with my case since day one. They know exactly how to work on a case and win it. They worked fast and were always in communication with me.  I won my case with a very high amount. Thanks to all the staff, I wish them my best. They will always be in my heart."

Grace B.

"Had a very positive experience working with Shulman & Hill in the worker’s compensation case. Everyone is very professional and competent. Received the maximum possible settlement in court. I am sincerely grateful to my lawyers and personally Alex Shulman for the work done. I wish you further success and prosperity."

Dmitry M.

"I am so glad that I chose Alex Shulman to represent me in my worker’s compensation case. I have definitely recommended him to some of my coworkers and friends who needed an Attorney. I am so happy with the service I got from him and his paralegals. Thank you very much to the entire staff at Shulman & Hill for everything!"

Ilya K.

"Shulman & Hill have been tremendously helpful in resolving my case. They are extremely professional and thorough. I would recommend them to anyone working to resolve a difficult case."

James M.

"I was very pleased with the work of this firm. They made sure I understood my case and I was never left out of the loop. They were professional and very friendly. I would recommend them to anyone looking for someone who is going to fight for you to the very end."

Jennifer D.

"Do not waste time looking for better. There is no better than Shulman & Hill. I am very happy I got introduced to them by my good friends. Definitely THE BEST there is."

Arian K.

"Shulman and Hill are the absolute best: JJ, Alex and Christine are powerhouse attorneys who get the best results for their clients. I feel like these guys took care of me like family. When you’re dealing with a worker’s compensation case, you’ll want a pit bull to represent you: Shulman & Hill is the firm you need."

Chelsea W.

"Wonderful service quality by the group of professional advocates in the law firm of Shulman & Hill! I did not expect that I will find a proper solution regarding my worker’s compensation. However, it has been possible by the experts and they have made the task easier over the period. Thanks to them for their help."

Corey A.

"I would definitely like to thank Mr. Alex Shulman and his entire staff at Shulman and Hill for their exceptional work in helping me with my Worker’s Compensation case. Their entire staff was courteous and professional from start to finish and all work was done in a timely fashion. I was previously with a different law firm who were not as informative, and they made me feel like I was a mere money to them. I personally recommend the law offices of Shulman & Hill for any injury/ worker’s compensation case you may have. They strive to get you a maximum reward for your injury, while maintaining the utmost courtesy and professionalism."

Dain J.

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