After the devastation you suffered in the Bastrop fire, you most likely need your insurance money fast in order to rebuild your home, pick up the pieces, and move on with your life. So how long does it typically take to get a property insurance claim settled?
How Can We Help Get Your Fire Insurance Claim Paid?
Insurance companies are instructed by the US government about how long they can take to resolve insurance claims. If insurance companies are ethical and obey the rules the government has set forth, then it shouldn't take more than a couple of weeks to get your check in the mail.
However, not all insurance companies are ethical - no matter how long you have been paying your insurance premiums on time. Here are the things insurance companies should do:
Insurance companies should be notified in writing about your claim.
- Once notified, the insurance company has 15 days to respond. During this time, they will investigate your claim and ask you for additional items.
- Once they receive the additional information from you that was requested, the insurance company has another 15 days to determine your case outcome.
If they decide to accept your Bastrop fire insurance claim, the insurance company should pay the claim within five days; however, if they deny your claim, then they need to explain their reason why. Make sure you get this reason in writing.
Although this is how the process should work, it doesn't always seem to work this way. Often, insurance companies will tell you they need more time to investigate your claim in order to delay your claim. If your insurance claim is taking more than 60 days, you should talk with an experienced Texas insurance claim attorney to protect your rights. Simply call 866-276-6179 to receive a free, no-obligation discussion of your case.