What would you like to do?
How long do you have to settle a claim?
There is no set limit on how long to settle a claim. There are time limits regarding your insurer responding to your claims. You can bring legal action against your company within 2 years (in most states) if you are not happy with the claim processing services of your company.
Was this answer useful?
Thanks for the feedback!
Answer DEPENDS ON THE TYPE OF CLAIM - FEEL FREE TO RE-WRITE THIS QUESTION SPECIFYING THE DETAILS. THAT IS MOST IMPORTANT TO ANSWER YOUR QUESTION.
There are state and company guidelines, however they can be extended. The company needs the time necessary to fully investigate the claim. If you care to provide (either… in the discussion forum on this question or my message board), the details, perhaps I could be of more assistance. If you want you could always file a complaint with WA states dept of insurance, I assure you these complaint answers are VERY time specific.
There's no way to answer this without knowing any details: what state you're in, your daughter's injuries, her age, the facts of the accident. The best advice I can recommend …is to trust your lawyer, if you have one. Before accepting a settlement offer, consider if the medical bills have been paid, if you'll have to pay any bills from the settlement proceeds, whether or not you have to pay back the health insurer if that entity has paid any bills, and whether or not your daughter will have future medical expenses. The insurance company's job is to pay the lowest amount possible, period.
In the state of Arizona, there is no specified time limit in which an insurance company has to settle a claim with an insured party or with a third party that has filed a …claim. An individual does have a time limit of two years in which to file a lawsuit against the driver who was at fault in an accident.
the Missippie Valley and Canada.
There really is no time limit. Annual reports have to be filed with the probate courts. There are wills that have been open for decades slowly full filling the wishes of… the testator and administering trusts.
Here is a great resource to find the answer to that question: http://www.iii.org/media/companies/state_org/insur_departments/
You can settle without a lawyer but it is always best to have some legal advice. There are laws that you might not be aware of and also a lawyer knows what claims are le…gal and how to go about the process.
It is not wise to call your insurance company first after you are hurt from an accident, You have to understand that insurance companies are for profits and they may try to li…mit your recovery. It is wiser for you to call an attorney first to work on your behalf and take care of your best interests. Get a more understanding about this by checking the link below. -- You go through your insurance company and if necessary through the court.
Territory was split
Personal injury claim and I hope this wouldn't take long May I ask how long will it take to settle my claim at most?
The time it takes to settle a claim depends on many circumstances. It is important to allow injuries to stabilize before beginning settlement negotiations. By settling too ear…ly, important consequences of a serious injury may be missed, such as the need for future medical treatment, scarring, or rehab difficulties.
The answer here is pretty arbitrary. Insurance companies are expected to resolve claims in a reasonable amount of time, but that time is determined by State law and may differ… from State to State. However, the longer a claim is open, the more it costs the company in question, and since they are 'for profit' businesses, they try to settle it as quickly and inexpensively as they possibly can.
How long does an at fault insurance company have to settle your auto accident claim if they are at fault?
it depends on whose fault is it. if yours than around 8 months. if there's than probably 4 months.
Can a town sue an executor of an estate for back taxes if the estate already settled if so how long do they have to make a claim?
Yes, they can sue the executor. They breached their duty if they did not resolve the taxes before closing the estate.
Usually it's quite fast once all the documentation is put in the hands of the adjuster. Claims adjusters are just like everyone else, they want to get their claims closed and …get the files off their desk. They don't get any bonuses or promotions for not paying claims or for holding them up do matter what the accident chaser lawyers try to tell you just to get you to give them a third of your payout that you deserve. Studies done show that after attorneys fees that you have to pay for you clients get more money from the insurance company without an attorney than they do with a lawyer. You end up doing all the work anyway in chasing down police reports, estimates for the damage on your vehicles, medical bills, etc.
This would certainly depend on the severity of the injury and how long before a physician can diagnose the real damage to the elbow. You would not want to settle the claim bef…ore knowing if you will have permanent injuries and to what extent they will be debilitating.