How long does it take for an insurance company to pay out if they have to do an investigation?

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How long does it take for the insurance company to process a claim for a stolen vehicle?

It depends on the circumstances around the claim, if there's anything suspicious about the claim, whether the vehicle was recovered, etc. Insurance companies differ, too, on their philosophies around settling the theft of a vehicle. For instance, say your coverages and information are both in order; ( Full Answer )

Can the insurance company deny a claim after an injury investigation?

There may be exceptions, but under most policies you are covered as long as your son had your permission to drive the car. At one time there was an amendment on my policy stating that my car was NOT covered if my daughter was driving (after several tickets and three at-fault accidents), but that wou ( Full Answer )

How long can an insurance company stall before paying your claim?

The laws vary from state to state concerning time requirements on reporting/responding to losses. Additionally, many states do not have a specific insurance regulation saying that a claim must be settled in xx amount of days. There are, however, other relavent statutes that apply to claims. For exam ( Full Answer )

Do insurance companies have a time limit when investigating an auto accident?

Answer . 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 force ( Full Answer )

Can carriers raise your premiums for a serious accident where your car is totaled and the insurance company pays for your car but the insurance investigator ruled that the accident was not your fault?

\n. \n Answer \n. \nyes if your pays for your car.\n. \n They Can \nEven if they don't pay for your car. My agent warned me that my homeowners premiums could be raised just for filing claims! They used to send an adjustor out automatically if there was a hailstorm or windstorm, ( Full Answer )

Why do insurance companies take so long to pay when their insured driver is at fault?

Answer . Insurance companies are in the business of doing what's best for THEM. They don't care that you are having trouble because of the loss that their client caused.. A lawyer can help you, or contact your own insurance company to see if they can expedite the process. If those options don't ( Full Answer )

When do life insurance companies not pay out?

Presuming the policy was "in-force" at the death of the insured:. When the proper certificates (proof) of death are not provided.. When an insured dies within the two (2) year contestabile period, and fraud is discovered with regard to criminal records, health, age or any other fact or condition w ( Full Answer )

Why does it take a long time for an insurance company to offer an accident settlement?

The insurance companies do not like to give away their money on accident settlements so they take their time for a number of reasons. One is to let them fully analyze the nature of the injury of the plaintiff and the liablilty of their insured. This keeps them from overpaying on injuries. A second, ( Full Answer )

Does your insurance company pay for your car?

If you carry full collision and replacement of your vehicle, depending on your insurance company, they will pay the blue book value of the car if it is totaled. That is why it is important not to ever owe more than the car is worth, which is referred to as "being upsidedown."

Insurance company is investigating death life insurance claim?

Within the 2 year contestibility period they usually do and have the right. Generally after that period of time a clean death certificate is usually adequate. It is also routine for investigation in cases of foreign death or a death brought about in a non-natural manner. Answer If you have a ( Full Answer )

How long does it take local police to report your points to your insurance company?

In most cases it is not local police that report points on alicense to the insurance company. The points assessed on a driver'slicense are reported to the state by the courts after the courtdecides punishment. The state then reports points to an insurancecompany. This could take 2 to 3 weeks, unless ( Full Answer )

Why do insurance companies take so long to pay?

Not all insurance companies take so long. One thing that it could be is the majority of the carriers send out a letter to the insureds asking if they have any other coverage. Most people just ignore these ... I use to. So the claim is just put in a "holding" spot until they find out if you have othe ( Full Answer )

Will an insurance company pay after a homicide?

Insurance companies will not pay if the beneficiary is convicted of the homicide. Most insurance companies will pay the beneficiary if that person was not involved and the policy does not exclude homicide as the cause of death.

How long does it take for life insurance to pay?

Once you properly file your claim it only take a few short weeks to get your settlement. Contact the agent that sold the policy and enlist his help. If not available just call the claims department at the life company and file the claim.

How long can insurance company take to approve a claim and pay a claim?

It all depends on the state the claim is filed. If a state does not have a set amount of time of the company to investigate and make a decision on a claim, they are required to do it in a "reasonable" amount of time, depending on what time of auto claim it is.

How many months can a life insurance company take to pay the beneficiary?

Great question! Most state laws require the insurance company to pay a claim within 30 to 90 days, however there are caveats. The caveat is "unless more time is required". This, of course, allows an insurer to delay as long as they want. If you have a claim that is being delayed I recommend you cont ( Full Answer )

If you have long term disability insurance with your company but are paying for it 100 percent and are terminated from the job can you continue to pay the insurance privately and keep the policy?

This will be dependent on the coverage that your are offered and have been paying for at work. Some companies allow for individuals to continue coverage on an individual basis and others do not. The best way to find out is simply to call your specific insurance company and ask. If you are in good ( Full Answer )

How long do you pay for auto insurance?

You pay as long as you would like to policy to cover you. Sometimes you can go monthly, but the policy will eventually cancel if they do not receive payment.

How long can an insurance co take to pay for your totaled car?

The general answer, absent a contractual or statutory requirement is, "a reasonable time". When a car is determined to be a total loss, it essentially means that the insurer has decided that the cost of repair exceeds (usually, some statutory) percentage of the actual cash value of the car. In tha ( Full Answer )

Are there laws that say how long an insurance company has to pay an accidental death claim?

In general, yes. Most state have adopted their own version of a uniform law having to do with the time within which claims must be paid (promulgated by the National Association of Insurance Commissioners). Depending upon the jurisdiction, it may be contained within a body of statutes called the Clai ( Full Answer )

Can you sue your insurance company for not paying a claim?

You can sue anyone for anything; the question is can you win. If you have fulfilled all of your contractural obligationsregarding a claim, including making sure your policy had not lapseddue to nonpayment of premiums and making sure that all thenecessary claims paperwork includes all the required d ( Full Answer )

How long can an Insurance company take in settling a claim when it is there insureds fault?

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 ' ( Full Answer )

How long may a medical provider take to submit a bill to your insurance company in NY?

Providers who are contracted with your insurance (aka participating or "in-network") have to follow the timely filing guidelines of the state they are licensed and provide services, which is typically 180 days from the date of service. I believe 180 days has been the case since 2002. However, you ma ( Full Answer )

Is there an insurance company that will not pay out if i claim?

An insurance contract is an agreement between the insurer and the insured. By its terms, in return for the payment of a premium by the insured, the insurer agrees to pay on behalf of the insured, certain damages for which the injured may be legally liable. The insurer may have other obligations, too ( Full Answer )

When an insurance company is dealing with a fire in your home how long would it take for the replacing of your home?

You will have to ask a Home Builder (Contractor) about how long it will take to rebuild your house. Your insurance company can usually resolve the claim portion withing 60 days. If you are having a disagreement with them then it could take longer. Your Homeowners Insurance company won't be reb ( Full Answer )

How long can an insurance company take to claim responsibility?

Hi there, They gave you an opportunity to give them your insurance information and you declined. If the insurance company wrote the estimate it is lower than any shop would write. (Why would they write an inflated estimate? To pay more?) They have as long as the property damage statute of limita ( Full Answer )

How long does it takes to the insurance company to approve or denied an application for life insurance?

There are insurance plans that can get instant approval, or situations when medical records are needed and it could take up to couple of months, depending of the Dr's office and how fast are they sending the records to the insurance company. Usually, when you're looking for the cheapest possible in ( Full Answer )

How long to pay insurance premium to Insurance Company after accident?

In general, insurance policies will have a grace period within which premiums can be paid after the regular due date. If the premium is paid within the grace period, coverage continues as normal. If not paid by the end of the grace period, the policy lapses. If a claim occurs after the policy has la ( Full Answer )

What can you do when your insurance company will not pay you out for a burglary?

If you feel that you were properly insured (not under insured) andthat you met all the terms and conditions of the policy, then youshould write to the company asking them why they will not honourthe contract. Once you have their reply and if you believe they are still wrong,then you can usually go t ( Full Answer )