GEICO is one of the most popular insurance companies in the United States. Drivers throughout Maryland are insured with GEICO. If you are in a car accident, you may end up filing a claim with GEICO.
The time it takes for GEICO to settle a car accident claim in Maryland varies according to the type of claim and circumstances surrounding the crash. Typically, GEICO will have an insurance adjuster investigate the accident and make a settlement offer. You do not have to accept this settlement, and your attorney can help you negotiate for something better. Remember, different claims may take different amounts of time to settle. If you cannot reach a settlement with GEICO, a lawsuit can help you get your damages covered.
After a car accident, reaching a settlement with GEICO might take some time. Our Maryland car accident lawyers can help you get the compensation you need from your insurance settlement. Call Rice, Murtha & Psoras at (410) 694-7291 for a free case evaluation.
How Does GEICO Pay for Car Accident Claims in Maryland?
Like many insurance companies, GEICO follows a certain process when settling car accident cases. Typically, your case will be assigned to an insurance adjuster responsible for looking into your accident and assessing the value of your claims. Our Maryland car accident attorneys can help you protect yourself during the investigation and help you maximize your settlement.
An investigation is usually conducted before any settlement offers are made. Settlement negotiations may be made with an insurance adjuster. This may involve speaking to the insurance adjuster directly and providing them with important evidence, like accident reports and photos from the crash site. According to GEICO, you can schedule an adjuster to inspect the damage to your vehicle after an accident.
If all goes well, the insurance adjuster may then make a settlement offer. Remember, you do not have to accept the first offer, and our Maryland car accident lawyers can help you negotiate for more compensation. How long it takes a GEICO insurance adjuster to make this first offer may depend on how long the investigation takes. Even after an offer is made, it might take more time for you to negotiate and accept a settlement.
Information GEICO Needs to Settle a Maryland Car Accident Claim
Investigating an accident and determining a settlement offer requires a lot of information. A lot of this information you can provide to GEICO yourself. After an accident, it is important to collect as much evidence as possible. the more evidence you have, the faster your case will likely settle.
After an accident, you should try to collect the following information to prove to GEICO for your insurance settlement:
- The other driver’s information (name, address, contact information, etc.)
- Photos and videos of the crash site
- Insurance information from anyone else involved in the accident
- Police report numbers
- Contact information for any investigating police officers
- Your medical records related to the crash
The more information you can provide, the faster GEICO may settle your car accident claims. If you are unsure what kind of evidence or information is necessary for your accident claim, talk to our Baltimore car accident lawyers for advice. In any case, you should avoid speaking to the insurance company on your own.
How Long Do Different Types of Claims Take for GEICO to Settle in Maryland?
No two car accidents are exactly the same, and different kinds of claims may take different amounts of time to settle. When filing a claim with GEICO after a car crash, it is crucial that you have a good idea of your damages. Your damages include any losses or expenses you experienced after the accident. Injuries, medical bills, and vehicle damage may all count towards your damages. Our Bel Air car accident attorneys can help you review and assess your damages when you file an insurance claim with GEICO.
Property damage is more straightforward compared to other kinds of claims. Often, GEICO will inspect your damaged vehicle and assess the value of the damage. If your car is totaled and needs to be replaced, GEICO may make estimations about the car’s value as a whole.
Personal injury claims might take a bit longer to settle, depending on the extent of the injuries. Anytime an accident involves physical injuries that require medical treatment, the investigation process slows down. Injuries can be unpredictable and may evolve over time. While some people recover, others become worse. GEICO must also take into consideration any long-term treatment or care that may come with additional future costs when making a settlement offer.
What if GEICO Does Not Settle My Car Accident Claims in Maryland?
Always remember that a good settlement with GEICO or any insurance company is not guaranteed. If GEICO offers a paltry settlement or denies your claims entirely, you might have to explore other legal options. Our Ocean City car accident lawyers can help you file a lawsuit against the other driver or drivers in your accident in such a circumstance.
A lawsuit is a bit like an insurance claim because you must have evidence to back up your claims for damages. the key difference is that lawsuits tend to be more in-depth, take longer, and are procedurally more complicated.
The time it takes for your lawsuit to be completed also varies from case to case. If you have strong supporting evidence, we may be able to negotiate a settlement agreement with the defendant and end the lawsuit early. Otherwise, we will have to go through a full trial. Our attorneys can give you a better idea of how long your case might last after reviewing your accident.
Call Our Maryland Car Accident Lawyers for Advice
If you were injured in a car accident, you might have to file a claim with GEICO. the insurance process is never simple, and our Potomac car accident attorneys are here to help you. Call Rice, Murtha & Psoras at (410) 694-7291 for a free case review.