How long for compensation to come through
They will then receive their payment from this amount. From the day your compensation amount is settled, it could take up to 28 days for you to receive your payout.
But in many cases, this will be much faster. You may be able to get your compensation within just a few days after a settlement is agreed when dealing with certain insurers. This could mean that you then have to wait a bit longer for your compensation.
You always have the option of accepting an offer of compensation and settling your claim early. But this could be a mistake, especially when your solicitor thinks you could be awarded more if they keep negotiating with the other side. It could take months — or even years — to work out how much impact your injury is going to have on you.
This is when you are awarded part of your compensation early. It could help you avoid feeling pressure to accept an earlier — and lower — settlement.
At the moment, the legal system is facing backlogs caused by the Covid pandemic. As a result, your compensation claim may take longer to settle than it would have previously, especially if it has to go to court.
Your solicitor will let you know how long you might expect your claim to take. To be matched to a specialist injury solicitor, all you have to do is talk to the team at First4Lawyers. This will impair your browsing experience around the web. Please visit one of the links below to update to a modern browser then re-open the site with the new browser.
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Starting a business. Company formation Joint ventures Patents and intellectual property Terms and conditions of business Finance Partnership and shareholders agreements Starting a business. Acquiring a business. Find a local QualitySolicitors branch. Search our site. Share this page. How long will it take to get my personal injury compensation and what will I have to do? Once the details of your injury claim have been gathered, your claim can be submitted to whoever you are claiming against typically, an insurance company.
They have up to nearly 16 weeks to decide whether to admit or deny responsibility — though in straightforward cases they may respond much faster. Related FAQs Are there time limits to make a personal injury claim? Can I claim compensation if my child has been injured in an accident? Can I claim compensation if my partner has been killed in a fatal accident?
Can I claim for my time off work and my medical expenses after my accident? Can I still make a personal injury claim if I was partly responsible? Your Personal Injury Solicitor will consider each settlement offer carefully and advise you whether the offer is reasonable or not. A personal injury compensation settlement consists of both General Damages and Special Damages.
In basic terms, General Damages relate to the pain, suffering and loss of amenity. Special Damages relate to your financial losses such as lost earnings and out of pocket expenses. To properly value General Damages, a report by a medical expert is needed. Investigations may need to be taken to value Special Damages, for example, payslips need to be obtained. This data will only be used by Simpson Millar in accordance with our Privacy Policy for processing your query and for no other purpose.
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