The length of time an auto insurance company may take to investigate a claim is governed by regulations in individual states, but most jurisdictions require a payout 30 to 45 days after a settlement offer, according to Black's Law Dictionary. Auto owners should contact their state department of insurance for specific information pertinent to their case.Continue Reading
After a vehicle owner files a claim, a claims adjuster from the insurance company contacts her to collect additional information and seek clarification about what happened, describes DMV.org, a privately owned website. After evaluating all the information, the claims adjuster determines whether or not the claim is valid and, if so, how much the insurance company proposes to pay.
Once an offer has been made by the claims adjuster and the insured accepts it, an insurance company has up to 30 to 45 days to pay in most states, according to James Hirby of Black's Law Dictionary. If an insurance company takes longer than that, it is subjected to hefty fines and the delayed payment may begin accruing interest.
Hirby recommends that the insured person retain a lawyer if she feels the insurance company is drawing out the process unnecessarily or quoting an unreasonable or incorrect payment.Learn more about Insurance
Laws and timelines regarding insurance claims vary between states in terms of acknowledging receipt of a claim, affirming or denying coverage, completing claim investigations and paying portions of claims that are not in dispute, among other requirements, notes PropertyCasualty360.com. It is important to review a state's insurance laws or consult a personal injury attorney to learn the most up-to-date information about law changes.Full Answer >
Policyholders may file a car insurance claim by contacting the insurance company and providing relevant details, according to DMV.org. Claims professionals at the insurance company usually discuss the situation with the claimant, explain the claimant’s coverages and evaluate the situation.Full Answer >
To file a claim with Homesite Insurance, call the company at 866-621-4823 and follow the menu instructions for claims, or use the online claim service at Homesite.com. After the claim is reported, Homestead Insurance contacts you with further information about the process, according to Homesite.Full Answer >
To file an insurance claim with Allstate, contact the insurance company by directly calling your local agent or by calling 800-255-7828, states Allstate.com. It is also possible to report a claim using the Allstate app for phones.Full Answer >