What is the reasonable amount of time car insurance in California have to pay on a claim?
There is a maximum time set by law, but I consider it reasonable if the rental car coverage (usually limited to 30 days) has not yet ended.
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.
A claim is a liability on part of the insurance company. If a customer makes a claim it means that the insurance company has to pay the customer for the amount is eligible to claim and hence it is a expenditure on the balance sheets of the insurance company.
In most states, insurance companies have 10 to 15 days in which to acknowledge the filing of a claim. In Indiana, they are only required to acknowledge a claim 'promptly.' No set number of says applies in Indiana. If they do not respond within a reasonable amount of time, the insured customer can contact the Indiana Department of Insurance to file a complaint. The insurance company will then have 20 business days to respond to… Read More
In California, there are many providers of car insurance. Some companies that claim to have cheaper insurance are The General, Titan, Esurance and Geico.
Yes, but it varies by the state and insurance companies can extend the amount of time to pay claim, such as if they need to investigate fraud.
How much is the bill? Does the policy cover Reasonable & Customary or negotiated rates?
What is the purpose of the ICD codes on medical claim and does it have an effect on payment to the insurance carrier?
The ICD codes are a standardized medical "language" for naming every known illness and injury. The claim uses the ICD code (saying what was wrong) and codes for procedures and treatments applied. The insurance carrier checks if the treatment seems reasonable and appropriate before determining the amount of payment.
Can you sue at fault driver in California who has insurance if his insurance company refuses to pay your claim for medical expenses or do you have to sue his insurance company?
yes. you can sue an at fault driver if his insurance company refuses to pay your claim. it would not be proper to sue the insurance company.
Should you go through the drivers insurance that backed out and hit your car while you were driving?
As long as their adjuster is being reasonable and is handling your claim quickly it will be fine to just let them handle the claim. If they are giving you trouble talk with your insurance agent and see if they can help you with the claim.
The insurance premium is the amount you pay the insurance company every month. The insurance deductible is the set amount which you pay out of pocket for repairs after you make a claim. For example... you may pay $100 to the insurance company every month for the insurance policy and have a $500 deductible. If you file a claim you are expected to pay for $500 of the repairs yourself, while the insurance policy covers… Read More
What is the legal time frame for payment by insurance company of a dental insurance claim in the state of California?
Contact your states dept of insurance and they will be able to answer that question for you.
As far as I understand it, That isn't a possible solution. A claim isn't settled until after the vehicle, or whatever is fixed. Thus there is no set amount for the claim. example: Person A rear ends someone. A, goes to the insurance company and files a claim, The insurance company sends an adjuster, the car gets fixed, and the amount owed is determined by the bill after the vehicle is fixed.
For calculation of premia, you are to follow the marine insurance brochure,. In case of assessment of claim,the Surveyor's Report plays an important role in determining quantum of claim amount to be admitted by the Insurance Company.
Unless you present a fraudulent claim, it is illegal for any Insurance co to drop you because you file a claim.
Proceeds are the payments of the benefit. So in other words with Life Insurance it is the death claim amount paid out.
A claim...against what, exactly? Is he dead, and you want to make a claim against his insurance? I'd say that is reasonable.
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.
If you surrender a whole life insurance policy, you may have to claim the money on your income tax. The IRS states the amount you receive that is above the amount paid for premiums is considered taxable.
Why are my insurance agents refusing to handle my claim when I that the car had been stolen by a family member and the police were involved?
It is reasonable to expect that if you know who stole your car, and the police are involved, your car is probably going to be returned to you, so it is premature to file an insurance claim. If the car is returned in a damaged condition, you may then have a claim.
Offset- It means adjustments of debts payments to be received against the credit payable. If there is a overpayment made by insurance company to the provider, then the insurance company will adjust by deducting the amount from other patient claim. For example : If the provider billed a patient claim for $250 and the actual allowed is $200, if the insurance paid $250.00 then the excess amount of $50 will be adjusted in another patient… Read More
Car insurance deductibles are the amount which the policy holder must pay out of their own pocket in the event of an accident. It is standard for deductibles to be applicable for each claim.
The payment a participating provider agrees to accept for a service. The approved amount is decided by insurance company fee schedules, CPT® coding standards and generally accepted insurance reimbursement rules.
When you file an insurance claim, if you do not have enough insurance coverage, under insurance claims can be the result. Under insurance is a term used when calculating claims when the coverage is not enough and the policy has undervalued the amount insured.
How long do you have to file a auto insurance claim in the state of California and is 3weeks to long to file a claim?
Most claims need to be filed within a year of the occurrence.
Yes, actually the largest amount of non renewals for home insurance are due to claims.
Insureandgo provides travel insurance at a reasonable cost. Prices start as low as 6 GBP and kids go free. The site has all forms required for applying for the insurance as well as for making a claim.
The limit is the maximum amount of $$ the company will pay for each component arising out of a claim.
You can file an unemployment insurance claim via the California State government website. Information centers will be able to provide other resources such as whether you are eligible for unemployment insurance. They also have a toll free number that you can call for help
When an insurance claim is lodged by an insured on the insurance company, it's a liability on them. The main allegations against the the insurers relatinlating to claim is delayed payment, denial of claim drastic reduction in claim amount on silly pretexts etc. The regulatory authorities have tried to minimize the sufferings of the insured persons by implementing many rules and regulations. Introduction of TPAs is a step in the right direction.
Do receive a point on your record if you get hit by an uninsured motorist and claim the damages with your insurance company in California?
No, you will not receive a point.
When you are involved in an accident involving injury or property damage, you need to report it to your agent, broker, or insurance company within seven days, regardless of who is at fault. If you are unable to report it within seven days, report it as soon as possible after that. If you don't report your accident within a reasonable amount of time, your insurance company may not have to honour your claim. http://www.fsco.gov.on.ca/english/insurance/auto/after_auto_accident_ENG.pdf
If you have only liability auto insurance should your insurance provider help you with a claim settlement against another insurance company after a auto accident?
no - your insurer is under no "obligation" to help you. Best bet is to pursue through small claims court. if damage is greater than small claims value - consult an attorney and negotiate a reasonable fee (usually a % of settlement amount and you owe nothing if you lose)
To get to the route of what your asking: The amount of the LOSS that is deductible is the unrecovered loss. Hence if you have claimed the entire loss as a deduction the amount of insurance you get is income - because essentially, you overdeducted the loss. If you have made no loss deduction claim, then u=insurance is NOT taxable as it is onlyr returning you to the position you were in before the loss.
When an insured has availed claim specially in medical insurance, many insurers charge extra premia technically called as loading with the last year's premia amount at the time of renewal. The loading percentage varies according to the amount of claim received by the insured during the preceding year.
When you have a stop loss you and you reach a claim over your amount. they will reduce your amount .
Depends on the type, amount and your claim history. Usually Comprehensive claims for glass breakage....ie., rock damaged windshield, do not negatively affect your claim history unless there is an unacceptable frequency of them. Some insurance companies don't sweat small claims...under $750.00 for instance. Alot also is determined by how long you have been with your insurance company. If you have a good claim history...ie., very few if any claims...you normally will not see an increase… Read More
Sorry, the driver with no insurance can claim of your insurance. He/she has no legal right to lodge such unauthorised claim.
Selling your car with insurance claim pending, will simply null and void your insurance claim. Because your damaged car can be subjected to inspection by the Assessor of the Insurance Co. for assessment of the insurance claim any time.
It means something which is deducted or capable of being deducted. "Deducted" means subtracted from an amount.
One can file a claim with Affirmative Insurance by going on the official Affirmative Insurance website. Then one can press the button 'Submit A Claim' to file a claim.
Short answer, is you can't. If you send the claim check to the mortgagee company, they will apply the amount you are behind to the loan and leave you short on the amount needed to make the repairs.
Well, your answer is essentially whatever the statute of limitations is legally, regardless of what your insurance company says. In most cases a reasonable delay in filing accompanied by an explanation for the delay will suffice.
a person can get same subject-matter insured by more than one insurance company. In case of loss he will be, jointly and proportionately, compensated by all insurance companies so that claim amount do not exceed actual loss. This is relevant in non-life insurance. Say for example; if a person holds two fire insurance policy on same building and he incur a loss of Rs 50,000 due to fire. he can not claim Rs. 50,000 from… Read More
That's not very likely. The insurance company does not file your claim, they accept your claim notice from you. You have to file your claim with the company, not the other way around.
How much increase auto insurance after claim
The word "adjustment" when used in the context of insurance means: The monetary amount an insurance "adjuster" has determined is the appropriate payment to be made to an insured person for a claim that is covered under the insurance policy.
How long do you have after a car accident to report and file a claim with the at fault person's insurance company in California?
Typically you have 30 days to file.
The real beneficiary from a mortgage insurance claim is ultimately the insurance company that provided you with the mortgage insurance in the first place.
Depending on the total amount of money you are owed, you can file a claim against them in either a small claims court or in civil court. If you do end up filing a claim against them you should be able to also get reasonable attorney fees/expenses added to the total amount of the claim and get them granted with the final judgment.
In home insurance you need to get a quote, and the cost to repair or replace is the indemnity amount aka, the amount they will pay to put you back in the position you were before the loss. They do not want you to make a profit off a claim.