State Farm Insurance Settlement Question?

I have recently submitted my settlement offer to State Farm for a claim after one of their insured hit me and was at fault. My vehicle has since been repaired - vehicle repairs and rental have been paid by them already. My injuries are healed and therapy is completed after 6 weeks of treatment. I faxed all the papers on Thursday 01-11-2007. How long should I wait for a response before contacting them again?
Additional Details
Has anyone ever had a claim with them in similar situation (you are not their customer)? If so, how did it go?

I do not work for State Farm; I work for a competitor that handles these types of claims but the procedure is the same industry wide. As you have not provided what injuries you sustained as a result of the accident, and I do not know what type of accident this was or how much your property damage was, my answer is provided in general terms only. By the way, they are only required to compensate for injuries that are 1) valid and 2) a result of the accident. I deny injury claims daily.

Lump sum settlements for injuries consist of BOTH economic and non economic damages, or monetary and non-monetary damages. To determine what your damages are a review of the medical records is conducted.

We (they) are looking for a diagnosis, pre-existing conditions, hereditary/degenerative changes, who you treated with, how long you treated, what type of treatment was provided, if there were any "gaps" in treatment, if there were any delays in you seeking treatment, if you "doctor shopped," if you were rendered disabled for any period of time, if you suffered a wage loss, mechanism for injury. This is only a handful of things we look for and look at, there are many other variables to take into consideration. Once the records have been evaluated, we determine an appropriate offer.

If you have made an offer to State Farm, they will either 1) accept the offer or 2) make a counter offer. If you HAVE NOT made an offer to them...pick a number out of the air and tell them what it is....heck, ask for their policy limits (although they may or may not be able to release that info to you). Again, they will either agree or disagree and counter. The important thing to remember is this: they want to settle the claim just as much as you do. Keep the lines of communication open and keep a cool head, yelling/threatening/being unreasonable doesn't help. Listen to their counter offers and the explanation behind it. They (we) have a range to work within. You'll know when you've hit their high end when they don't budge.

As for how long should you wait before u contact them? Today, tomorrow, whenever you have a chance. Give them to the end of the week. If they are in need of additional information regarding your treatment they will let you know. Although they may be able to obtain the info themselves (assuming you signed a medical/wage authorization form) that takes time and if you are able to send the information direct that will expedite things. Additionally, if they say something like, "based upon what I have here I see a value of $X, is there something we're missing?" give it to them--if they have questions, answer. For example, I just settled a claim where a guy had a testicular bruise. He wanted $15K. He had 1 visit to the doctor and continued to play sports and have sexual relations and I only got these answers by asking the right questions. Apparently it didn't hurt that much by his own admission and behavior--he settled for $6K, $2500 of which went to pay his doctors for bills he hadn't paid.

Whether you have an attorney or not, if you submit a "demand" to them to settle your injury claim, they have to respond to it. In NV we have 20 days--depending on your state determines the time frame they have to respond to. I would just give them a call and get it over with.

A follow up phone call would be standard practice. Along the lines of "Did you get my fax".

give them at least a week. they have to go through all their "channels" of settlement. after a week call them and give them the claim number and ask them what the staus of the claim is.

Call the place that you sent the fax to and confirm that they recieved it.

Some People Only Care If There Going To Get There Money.Iam Not Saying Its You. Iam Saying Its Insurance Companys. Iam On Medical Assitantance. There Are Places That Wont It. Because They Think They Wont Get There Money.

They have a good reputation. They will contact you. They are quick and efficient. If you look at the ratings they are one of the top agencies as to resolving claims. Prudential is second.

Give it til this week. If you're wondering why they have not called pick up the phone and get in touch with them. Remember it was a holiday weekend. Good luck!

Wait 3-5 days, then follow up with a phone call, and ask when you can expect to hear from them again, and then follow up again if you don't hear from them.

Well, they have NO OBLIGATION to settle the claim for you, just keep that in mind - their good faith duty is ONLY to their client.

Having said that, you'll probaby get a letter within a week or so. They shouldn't balk too much at paying reasonable medical expenses, but if you're asking for any pain and suffering, they'll probably request a medical release form, so they can request copies of all your medical records/bills THEMSELVES, directly from the medical providers. They ALSO might request prior health records.

It usually takes months to get the records in from the health providers, and reviewed. And again, they have no obligation to settle. So I'd expect to hear something right away, then just put it on the back burner 30 days at a time. It all depends on what you want, how badly the vehicle was damaged, and what your medical information tells them.

wait a minute, are you bring represented by an attorney?
if not I wouldn't settle a bodily injury without a lawyer

At least 2 weeks. People aren't machines! Takes time to process claims. Just how it is. Be patient, you might hear a response quicker.

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