How long does the insurance company have to respond to a claim?

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1. How long does an insurance company have to settle a claim in Florida? CALL US NOW (Mon-Fri, 8am – 5pm PST) for a FREE QUOTE Florida Statute 627.4265 states that an insurance company must pay within 20 days of agreeing to settle with the other party. However, if they fail to pay by the due date, then they must pay 12 percent annual...
2. Can an insurance company close a claim without my consent? CALL US NOW (Mon-Fri, 8am – 5pm PST) for a FREE QUOTE When it comes down to whether or not your car insurance company can settle a claim without your consent, the short answer in most cases is yes. In most states insurance companies are provided with the right to...
3. Why did my insurance company close my claim? CALL US NOW (Mon-Fri, 8am – 5pm PST) for a FREE QUOTE When an adjuster tells you that he or she closed your claim, it only means they made your request inactive. Claims are closed because insurers don’t hear you. A claim is usually closed because, after a while, the...
4. What you must pay before an insurance company will pay a claim? CALL US NOW (Mon-Fri, 8am – 5pm PST) for a FREE QUOTE Deductible: The amount you must pay out of your own pocket before your insurance company will start paying for services. (Example: If you have a $500 deductible per year, and each doctor’s visit costs you $100, your insurance...
5. Can an insurance company just close a claim? CALL US NOW (Mon-Fri, 8am – 5pm PST) for a FREE QUOTE Insurance Company Can Close You Claim If They Want An insurance company can close your claim if they want to for whatever reason they want. When an adjuster tells you that he or she has closed your claim,...
6. Why would insurance company close a claim? CALL US NOW (Mon-Fri, 8am – 5pm PST) for a FREE QUOTE Home insurance companies want to close your insurance claim. When an adjuster tells you that he or she closed your claim, it only means they made your request inactive. Claims are closed because insurers don’t hear you. A...