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Depending on where you are (I can only speak for the U.S.), there may be no restriction on how long insurance has to act on a claim. Some states to have a statutory limit for responding to a claim (for example, ten working days) and others, like Florida, do not. They allow market forces, such as auto repairers and customers, to force action. In most states, the funny part is, you have a statutory limit on how long you have to FILE a claim. Quaint, isn't it?

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โˆ™ 2005-10-11 00:33:44
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Q: Do insurance companies have a time limit when investigating an auto accident?
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Through Limit clause, Insurance companies, fix the higher limit of claims. The claim limit can be fixed for per accident , per person , per year or for a specific peril.

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never, even in the case the accident falls under a certain limit you should report the accident to allow your insurance company to protect you and itself.

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Most companies do not require you to report the accident to your own insurance company, but if you later find out the person did not have valid insurance or the other insurance company refuses to pay and then you later have to file a claim on your policy, it will slow down the claim process. Plus, each state has a statute on the time limit you have to file a claim and want it to be covered.

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Assuming only your vehicle was damaged and no one was hurt and you are asking about the time limit to report the accident to your insurance company. Then: The time limit or rather the statute of limitations in Pennsylvania to report damage to your auto in the form of a claim to your insurance company is 2 years. After that the insurance company can and will deny your claim and you will have to pay out of pocket to have it fixed.

Will homeowner's insurance normally cover a property damage claim which exceeds the liability coverage limit from a car accident?


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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 limit 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.

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