How Long Does it Take to Resolve an Insurance Claim?

When it comes to filing an insurance claim, the amount of time it takes to resolve can vary greatly depending on the complexity of the case. Simple claims can take as little as one to two weeks, while more complex ones can take weeks or even months. The rules for how long an insurance company has to resolve a claim and provide a payment also vary from state to state. In most states, insurance companies have 10 to 45 days to resolve a claim, and on average, it takes about 30 days.

For example, New York insurers must pay a claim within 35 business days, while insurers in Virginia must resolve a claim “reasonably quickly.” The time needed to repair physical damage to your vehicle depends on the complexity of the claim filed. It is normal to receive your first contact with the insurance adjuster between one and three days after filing the claim. If an adjuster needs to check for damage, it may take a couple more days. Using an auto body shop approved by an insurance company can speed up the process.

The easiest cases will take one to two weeks to resolve. The more complex ones can take weeks or longer, including delays in scheduling and the time your car will be in the workshop. Of course, you can continue to drive your car, if you can drive it, until the repairs are completed. It can take as little as 7 to 8 days, and up to more than 30 days, to reach a settlement in cases that only involve property damage once negotiations begin between your personal injury lawyer and the appraiser. You may have reason to file a lawsuit if your company doesn't rule on a claim within the time limit set in your state.

You can also receive separate claim payments at different times at different times for each type of coverage that applies to your claim. Usually, after you file the claim, the glass repair can be scheduled within a week or a little longer if you need factory OEM glass. And in Texas, insurers must decide on a claim within 45 days and make the payment within five days of approval. Also known as claim adjusters, insurance adjusters typically conduct extensive research, which may include reading police reports, talking to witnesses, and evaluating damage first-hand. Because insurance appraisers are trained in interview techniques designed to get claimants to say something that could undermine the value of a claim. Or, your claim may require more work and time to process due to the seriousness of your injuries or damages. The subrogation exemption is a legal provision that prevents an insurance company from recovering the money it paid for a claim to the responsible party's insurer. One of the best ways to make the process of future claims as easy and fast as possible is to research the reputation of customer service when looking for an auto insurance company.

The hospital and doctor's office should coordinate directly with your car insurance personal injury claims adjuster. Keeping your insurance agent informed of the claim and what's happening will allow you to stay on top of things with the insurance company so that nothing goes unnoticed. Based on the specific characteristics of your case, it can also help you get a good idea of how long your claim may take to reach a settlement. However, your lender or landlord's rules will apply to all insurance claims regardless of the insurer involved.

Also Read - Are you a federal employee who is also a member of the military? Finding affordable car insurance can be challenging, but it's especially important for those who serve our country. Fortunately, there are options available to help you get the coverage you need at an affordable price.  In this article, we'll explore how you can find cheap military car insurance as a federal employee.