How Long after a Demand Letter Does a Settlement Take in NC?

Demand letters are essential parts of most personal injury cases. These letters detail your damages after an accident and give an accurate estimate as to how much compensation you should receive for your damages. 

Well-written demand letters can often skip over any drawn-out legal battles you would have otherwise struggled through. Depending on your situation, after receiving your letter, the insurance company may settle without any need for you to sue or go to court.

However, you may wonder how long you have to wait to receive your settlement after sending your demand letter. The answer is more confusing than you may think. Regardless, you deserve compensation for your damages. Calling one of our NC personal injury attorneys can help you make this process as fast as possible.

Results May Vary with Your Demand Letter

Insurance companies respond to demand letters at their own pace, meaning that you may receive your settlement as soon as a few days or as late as many months after you initially send your demand letter. 

If it takes a while to hear back, one of the reasons for this is that many insurance companies receive a high volume of demand letters. In addition, if the insurance company responds negatively to your demand letter, then the process will naturally take longer.

Often, once the insurance company finally responds, they will offer you a lower settlement than what you originally asked for. Your North Carolina personal injury attorney will then respond to their offer. This can make receiving your settlement take even longer, but the hope is that the resulting settlement amount will be worth the wait. 

Keep Time in Mind When Writing Your Demand Letter

When you’re in the process of writing your demand letter, you shouldn’t wait too long to finish and send it. Waiting too late puts you at risk of going over the statute of limitations, or amount of time you have to file your claim, which is three years in NC.

On the other hand, immediately writing a demand letter too soon after your accident will not allow you enough time to fully assess your damages. You must have all of your demands and damages within your demand letter or you can’t be compensated for them. Once you accept a settlement, you may not have the chance to ask for more money later.

Speak with a North Carolina Personal Injury Lawyer

Writing a demand letter is no simple task. Fortunately, The Nye Law Group features experienced attorneys who are eager to assist you with your demand letter. You can speak with one of our NC personal injury attorneys by calling us at 704-285-6319 or submitting the form below.