How Long Does Compensation Take To Pay Out?

If you’re making a personal injury claim and seeking compensation for the effects of a painful accident, you might be wondering when you’ll see that compensation. It could be needed to fund your recovery or adjustment to life after your injuries. Here, we answer the question: how long does compensation take to pay out?

We also address questions about the average time a claim takes to settle and how you can help the claims process move as swiftly as possible. Furthermore, learn how the personal injury solicitors from our panel of experts can help settle a claim in a timely fashion, all on a No Win No Fee basis.

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  1. How Long Does Compensation Take To Pay Out?
  2. How Long Does A Personal Injury Claim Take?
  3. What Evidence Could Help You Claim Personal Injury Compensation?
  4. Contact Us To See If You Can Make A Compensation Claim
  5. Read More About Claiming Personal Injury Compensation

How Long Does Compensation Take To Pay Out?

First, the main question: how long does compensation take to pay out?

This may depend on how your personal injury compensation claim is resolved. If a formal offer is made outside of court, you should see your payment arrive within 14 days of acceptance. A different time frame may apply if your case needs to go to court. Overall, the compensation settlement is generally paid out in between 14 days and a few weeks.

In some cases, you may not even need to wait until the personal injury claim ends. Your solicitor could arrange interim payments to cover immediate costs related to your injuries, such as healthcare or rehabilitation fees. Whatever you receive would be deducted from the final settlement.

Just call the number above to discuss anything from how an interim payment works to the expected time frame for receiving a compensation award.

How Long Does A Personal Injury Claim Take?

Naturally, how quickly you receive your payout depends on how long a personal injury claim may take to settle. Factors to consider include:

  • The other party deciding to accept liability. Whether or not they admit fault for the accident, this greatly reduces the time personal injury claims take to resolve.
  • On the other hand, if the other party denies liability, the claim may take longer.
  • A more complex case, for example one where both parties could be seen as partly responsible, can be lengthier than others.
  • The time frame is also greater if further court proceedings are needed, though it should be said that most claims don’t go that far.

Both parties will go through a series of steps known as the Pre-Action Protocol with the ultimate goal of an out-of-court resolution.

A personal solicitor can use their knowledge of the process to work through these steps and negotiate with the defendant’s insurer to secure the maximum compensation amount in the best possible time. Learn more about how expert solicitors can help compensation claims reach a timely resolution by speaking to an advisor today.

What Evidence Could Help You Claim Personal Injury Compensation?

Make sure you keep the necessary evidence that proves your case and the other party’s liability. It may help you resolve the claim quickly and get your compensation settlement sooner. Useful proof includes:

  • Photos and footage showing how the accident happened. For example, if you are in a road traffic accident, visual evidence could show that someone else was at fault.
  • Medical evidence that shows the full extent of your injuries. This could include X-rays showing physical injuries or a psychiatrist’s medical report discussing your psychological harm. You can request a copy of your records.
  • Contact details for anyone who witnessed the incident and can give an impartial account of what happened.
  • Any official log, such as a police report or an entry made in a workplace’s accident book.

Personal injury solicitors can also help by seeking an independent assessment from medical experts. Call our helpline to discuss evidence for personal injury compensation claims and how a solicitor can support you.

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Contact Us To See If You Can Make A Compensation Claim

The answer to ‘how long does compensation take to pay out?’ ultimately links back to how long a personal injury claim takes. In turn, that could be decided by whether or not you work with a solicitor. Our panel’s expert solicitors will do everything they can to eliminate unnecessary delays and get the right solution in a timely manner, which helps make your experience of claiming stress-free. Furthermore, you can have this expert help on a No Win No Fee basis. 

A solicitor from our panel would offer you a Conditional Fee Agreement. This arrangement means you:

  • Pay nothing upfront or during the case for the solicitor’s work.
  • Expect no legal fees at all if your case fails.
  • Only pay a small and legally capped slice of your compensation award to your solicitor if the claim wins.

Check out our helpful compensation calculator for an idea of what you could claim. To discuss claims in more detail, including how much compensation you could receive if you make a successful claim, select one of these options:

Read More About Claiming Personal Injury Compensation

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‘How long does compensation take to pay out?’ is just one of the questions we can answer, so call today for information.