Auto Insurance Claims/claim settlement

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Expert: Bennie719 - 12/16/2007


Question
I was involved in an accident with 3 other passengers.  It was the other's party fault.  We all have different attorneys.  Do we have to wait to settle at the same time because there was more claimants.  Is there any way to expedite the settlement.

Answer
Hi Roziue,
Each person will settle their own claim as they finish treatment and are released by their own doctor.
To 'expedite' the settling of the claim would mean settling before you had finished treatment or had been released by your doctor, or accepting the first lowball offer with out allowing your attorney negotiate for the best possible settlement.  I don't see either one of these as good options.
I hope this has been of help.  Please write again if you have more questions.
Your feedback by rating my answer will be appreciated.
Sincerely,
Bennie
San Francisco Bay Area 12-16-07 11:20 PM PST

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Bennie719

Expertise

I have extensive knowledge in Personal Auto, Homeowners Insurance and Personal Umbrella coverage. I am also thoroughly familiar with claims handeling procedures. Will answer questions related to the above.

Experience

Experience in the area: Served as an expert at askme.com from 7/2000 thru 10/2002 in the catagories of general insurance, auto and home insurance. Answered 422 questions before that site closed. Licensed in California since 1961, first in Life and Health for 2 + years and as a Property/Casualty Agent/Broker since 1964. I sold my business and took early retirement in 1998. Still maintain a valid California Property/Casualty Agent/Broker license. I have been a volunteer at allexperts.com since 2002. I can provide assistance in the following fields: Property and Casualty Insurance, Insurance Law, Auto Insurance Claims.

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