insurance






 

Question by  Jo33 (26)

How long does an insurance company have to settle an auto claim?

I was in an accident and my insurance claim has not be settled yet.

 
+7

Answer by  tk7544 (149)

Each state has a set limit. You can't force the insurance to settle at any time, but you may want to check with them for options of rushing it.

 
+6

Answer by  Melissa101010 (4405)

Insurance companies can usually delay things as long as they want up to 5 years. You have to get you a good attorney to push them to settle with you. A lot of times the insurance attorney will put off the case because they get more money that way too.

 
+5

Answer by  kurigami (31)

An insurance company does not have a specified time limit for settling a claim. However, there are laws governing the amount of communication and time to reply to any contact requests. Complaints can be filed with the state commissioner of insurance.

 
+3

Answer by  Rubberchicken (819)

This varies by the state in which you reside but typically, insurers have 10-15 working days after your claim is reported to make a settlement offer.

 
+2

Answer by  BigB (29)

It depends on the state the accident happened in. The time is also different for Property Damage and Bodily Injury claims.

 
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