Car accidents can be devastating. If you have been in a collision in Minnesota and filed a claim, you might wonder how long it might take before you get a settlement. You should know what to expect with the timeline for your case.
What are Minnesota’s insurance laws?
Minnesota is one of the states that follows the no-fault theory. This means that when car accidents occur, each driver is responsible for covering their own medical expenses regardless of who is at fault. You are also required to have personal injury protection, or PIP, coverage for those costs.
As the state follows no-fault laws, you may or may not be able to file a personal injury claim against another driver after an accident. Minnesota has modified contributory negligence laws that state if you’re found to be more than 50% responsible for the accident, you can’t file a claim for damages. However, if you’re found to be 50% or less at fault, you might recover damages from the other driver.
How does a settlement occur after a car accident?
When car accidents occur in Minnesota, a claim must be filed with the driver’s own insurance company. The insurer will investigate the accident and determine an amount to be paid as a settlement for your damages. If your claim is approved, the insurance company will offer a settlement. Sometimes, a claim is denied, but it’s possible to appeal a denial.
Settlements include damages that are both economic and non-economic. Economic damages are those that you have actually suffered, such as damage to your vehicle that requires repairs, or other types like lost wages if you are rendered unable to work after suffering injuries. Non-economic damages include things like pain and suffering and emotional distress.
Statute of limitations
In Minnesota, the statute of limitations for filing your car accident claim is six years from the date of the accident for personal injury claims as well as for damage to your vehicle and other property. You must file in a timely manner, or the court won’t hear your case, and you won’t be able to receive any compensation.
A car accident claim can take time, especially when going through an insurance company. However, if you act quickly, you may be able to receive your settlement faster.