Car Accidents
What is A Reasonable Amount of Time to Settle a West Palm Beach Car Accident Case After the Plaintiff Makes an Offer?
A reasonable amount of time is not defined quantitatively by the law. You have to look at the circumstances of each case. However, a tender of the policy limits by the insurer after the time offered for settlement but prior to judgmentwill not protect the insurer from potential excess liability.If an insurance company fails to respond to a timely demand, then your West Palm Beach car accident lawyer must give them 60 days noitce that a bad faith action will follow. If the insurer tenders within that 60 days, the violation is deemed cured. It might be advantageous to wait unitl you receive an excess judgment and then give them notice. An experienced car accident lawyer will be able to navigate you through the procedures and time-frames for pursuing a bad faith action against the insurer.
All material contained in this site is for informational purposes only and is not meant to take the place of a licensed lawyer. Attempting to use this material to help yourself may result in irreparable harm to your case. Please consult a License Florida lawyer for help. Examples including case law, rules of procedure and satutory law are for demonstrative purposes and may not be Florida Specific. No attorney client relationship is formed unless we accept your case and you sign a contract.
Call 1-800-74-TRIAL
Call 1-800-74-TRIAL
There are no comments.
Post a comment
Post a Comment to "What is A Reasonable Amount of Time to Settle a West Palm Beach Car Accident Case After the Plaintiff Makes an Offer?"
To reply to this message, enter your reply in the box labeled "Message", hit "Post Message."