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The Process of Receiving a Settlement Check in New Port Richey, FL

Home   /   Personal Injury Blog   /   The Process of Receiving a Settlement Check in New Port Richey, FL

June 13, 2023 | By Roman Austin Car Accident and Personal Injury Lawyers
The Process of Receiving a Settlement Check in New Port Richey, FL

If you were injured in a car accident, slip and fall, or another type of accident, you might be able to recover compensation for your medical expenses, lost wages, and pain and suffering. Most personal injury cases end in a settlement, and the accident victim receives a settlement check. 

Here is everything you need to know about the process of receiving a settlement check in New Port Richey, Florida.  

Situations That Can Result in Personal Injury Cases and Settlement Checks

Various types of personal injury cases can result in the award of a settlement check, including:

  • Car accidents
  • Truck accidents
  • Bicycle accidents
  • Motorcycle accidents
  • Pedestrian accidents
  • Product liability accidents
  • Slip and fall accidents
  • Medical malpractice
  • Workplace accidents

These accidents can cause significant losses, including medical expenses, lost wages, property damage, pain and suffering. Through an accident claim, you may be able to receive a settlement to compensate you for these losses.

What Is a Legal Settlement?

A legal settlement occurs when parties involved in a legal dispute mutually agree to resolve the matter. 

In personal injury cases, this is often through a settlement in which the accident victim receives money in exchange for dropping their claims against the negligent party. If a case is pending in court, it is dismissed. The victim gives up the right to bring forth related claims against the negligent party. 

Pros and Cons of a Legal Settlement

There are various advantages and disadvantages of accepting a legal settlement, including:

Pros 

Some of the advantages of settling your case include:

  • You avoid the uncertainty of trial
  • You know exactly how much money you can receive 
  • You can receive money faster
  • You do not have to worry about enforcing a judgment or the defendant being insolvent

Cons

There are some disadvantages that you should consider before accepting a settlement, such as:

  • If you later discover you have suffered more extensive damages than you first thought, you likely will not be able to recover any more compensation
  • You may receive a higher amount of damages in a jury trial
  • You will not be able to publicly discuss the negligence because the settlement will probably be confidential

Your personal injury attorney will explain the pros and cons associated with accepting a settlement versus going to trial in your case.

The Process of Receiving Your Settlement in New Port Richey

Here are the general steps involved in an insurance claim and receiving a settlement check:

File an Insurance Claim

After the accident, you probably reported it to the insurance carrier that covers the incident. This claim may be a basic statement of facts about how the accident happened and how the defendant is responsible for your damages. The insurance claim can be made within days of the accident.

Investigation

Your personal injury lawyer can conduct an investigation to help establish who and what caused the accident. 

This may involve gathering evidence such as:

  • Accident reports
  • Witness statements
  • Photos or videos of the accident
  • Information stored in electronic form
  • Medical records
  • Public records
  • Records of previous incidents

The amount of time it takes to conduct an investigation depends on the nature and severity of the accident.

Prepare and Send a Demand

Your personal injury lawyer prepares a demand package that outlines key information about the accident, such as how it occurred, why the defendant is legally responsible, and the amount of compensation you agree to accept. 

It may take several months or longer to reach this point in the process because your lawyer will need to compile strong evidence to support your claim. Additionally, your lawyer may wait until you reach maximum medical improvement so they will have a better idea about the full extent of your injuries.

Settlement Negotiations

The insurer and your personal injury lawyer may engage in several rounds of negotiations before they reach a figure you both can agree on.

Release of Liability

The defendant’s attorney or insurer will present you with a release that outlines the terms and conditions of the settlement. The release also generally states that you will not pursue additional compensation against the at-fault party, you agree to settle the case for the amount agreed upon and have no right to further compensation, and the defendant does not admit fault. 

The Issuance of the Settlement Check

Florida law requires the insurer to send your settlement check within 20 days of reaching the settlement, unless your attorney has agreed to another date. Your attorney deducts certain amounts from the settlement check before you receive your share. 

These amounts may include:

  • Medical liens for the treatment you received after the accident  
  • Attorney fees
  • Costs associated with your case, such as postage and medical record requests

Your lawyer writes a check to you for the remaining amount of the settlement.

A New Port Richey Personal Injury Attorney Can Help You Negotiate a Fair Settlement

If you think you may be entitled to a settlement, contact an experienced New Port Richey personal injury lawyer. They’ll help you negotiate for an amount that fully compensates you for your damages.

Contact the New Port Richey Personal Injury Law Firm of Roman Austin Car Accident and Personal Injury Lawyers for Help Today

For more information, please contact the legal team of Roman Austin Car Accident and Personal Injury Lawyers for a free initial consultation with a personal injury lawyer in New Port Richey. We have convenient locations in Florida: St. Petersburg, Safety Harbor, Clearwater, New Port Richey, and Tampa.

We serve throughout Pinellas County, Hillsborough County, Pasco County, and its surrounding areas:

Roman Austin Car Accident and Personal Injury Lawyers - Clearwater Office
1811 N. Belcher Road, Suite I-1
Clearwater, FL 33765

(727) 787-2500

Roman Austin Car Accident and Personal Injury Lawyers - Congress Ave Office
2360 Congress Avenue
Clearwater, FL 33763

(727) 591-5610

Roman Austin Car Accident and Personal Injury Lawyers - Tampa Office
6601 Memorial Hwy Suite 202
Tampa, FL 33615

(813) 686-7588

Roman Austin Car Accident and Personal Injury Lawyers - New Port Richey Office
2515 Seven Springs Blvd.
New Port Richey, FL, 34655

(727) 815-8442

Roman Austin Car Accident and Personal Injury Lawyers - St. Petersburg Law Office
840 Beach Dr NE Suite 202
St. Petersburg, FL 33701

(727) 787-2500

Roman Austin Car Accident and Personal Injury Lawyers - Safety Harbor Law Office
202 9th Ave S Suite A-2
Safety Harbor, FL 34695

(727) 787-2500

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They did a great job and even advised what to do if there was no insurance for the at-fault driver and I had to self represent. Ended up being able to get me the fullest...
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They did a great job and even advised what to do if there was no insurance for the at-fault driver and I had to self represent. Ended up being able to get me the fullest payout possible, team was easy to keep in touch with, and Miles was clear in his explanations and helpful with his advice. I still use some of the doctors I connected with through their firm. Would recommend Roman Austin and would use them again.

J.P.

I cannot say enough incredible things about Roman Austin Law Firm. John Austin is a phenomenal lawyer. I was in a bad crash that involved a truck totaling my vehicle and sustaining neck and back...
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I cannot say enough incredible things about Roman Austin Law Firm. John Austin is a phenomenal lawyer. I was in a bad crash that involved a truck totaling my vehicle and sustaining neck and back injuries.Going into this process, I was honestly apprehensive about even hiring a lawyer. I was especially wary of those large, commercial firms that just want to move cases quickly. I had heard some great things about Roman Austin, but did my own extensive research and now know why they are a five star firm. What could have easily been a stressful and overwhelming experience turned into something completely different because of John Austin and his team. Choosing them was one of the best decisions I have ever made.John is truly exceptional. He is incredibly detailed, meticulous, and completely devoted to his work. He worked tirelessly on my case, going above and beyond anything I could have ever expected. He spent countless hours (even on weekends), and was always available whenever I needed him. His level of dedication, care, and precision is something you rarely find.Beyond that, he is patient, kind, and deeply compassionate. You never feel like just another case. He genuinely cares about you as a person and wants the absolute best for you. He made what could have been a difficult process feel manageable and supported every step of the way.His entire team was phenomenal. They were responsive, professional, and just as committed. Every interaction felt thoughtful and intentional.The outcome we achieved was fantastic, and I am beyond grateful. I couldn't be more pleased with my experience.If you are considering legal representation, I wholeheartedly recommend John at Roman Austin Law Firm. They are professional, dedicated, and truly invested in their clients.Choosing John Austin made all the difference. He fought tirelessly to ensure that everything I endured was recognized and fairly compensated, and that level of dedication is something I will never forget. I am profoundly grateful not only for the outcome, but for the care, integrity, and unwavering commitment shown every step of the way. Forever thankful I chose them, and truly forever grateful.

C.M.

After my accident, I didn't know where to start. Roman Austin made the whole process feel manageable and honestly took a huge weight off my shoulders. The team was kind, responsive, and truly cared about...
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After my accident, I didn't know where to start. Roman Austin made the whole process feel manageable and honestly took a huge weight off my shoulders. The team was kind, responsive, and truly cared about what I was going through. I always felt heard and supported. I'm so thankful I found them and would absolutely recommend them to anyone who needs help.

S.S.

Once again Roman & Austin and their team has been a helping hand through hard times after being rear ended by a driver not paying attention. The same day I was set up with community...
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Once again Roman & Austin and their team has been a helping hand through hard times after being rear ended by a driver not paying attention. The same day I was set up with community care to make sure I had to physical and emotional support I needed and they checked on me with updates every week. They got me the full compensation I deserved for my injuries and are the best at what they do.

J.K.

From the first moment I spoke with the people at Roman Austin, I knew that I was in good hands! My injury was severe and it was scary, but every step of this journey has...
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From the first moment I spoke with the people at Roman Austin, I knew that I was in good hands! My injury was severe and it was scary, but every step of this journey has been easier because of the guidance I have received from them. They have managed my case with professionalism and thoroughly explained any and all questions that have come up for me. Because of their hard work and dedication to my case, we were able to reach a settlement in my case! I highly recommend them to anyone in need of an injury attorney!

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Roman Austin Car Accident and Personal Injury Lawyers

1811 N. Belcher Road Suite I-1,
Clearwater, FL 33765
(727) 787-2500

Roman Austin Car Accident and Personal Injury Lawyers

2360 Congress Ave STE 100,
Clearwater, FL 33763
(727) 725-7661

Roman Austin Car Accident and Personal Injury Lawyers

2515 Seven Springs Blvd,
New Port Richey , FL 34655
(727) 815-8442

Roman Austin Car Accident and Personal Injury Lawyers

401 E Jackson St Suite 3319,
Tampa, FL 33602
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Roman Austin Car Accident and Personal Injury Lawyers

840 Beach Drive N.E. Suite 202,
St. Petersburg, FL 33701
(727) 335-1373

Roman Austin Car Accident and Personal Injury Lawyers

202 9th Avenue South, Suite A-2,
Safety Harbor, FL 34695
(727) 214-5001

At Roman Austin Car Accident and Personal Injury Lawyers, we practice across the entire state of Florida. We primarily serve the following localities: Clearwater, Countryside, Dunedin, Palm Harbor, East Lake, Safety Harbor, Oldsmar, Largo, Seminole, Pinellas Park, St. Petersburg, New Port Richey, Port Richey, Hudson, Holiday, Tarpon Springs, Trinity, Westchase, Tampa, Town N Country, Egypt Lake Leto, Citrus Park, Wesley Chapel, Lutz, Starkey Ranch, and all surrounding communities in Pinellas, Pasco, and Hillsborough Counties.

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