How long do car insurance companies take to pay out for a stolen written off car?

I had my car nicked about two weeks ago, I have sent the insurance company all the required docs and incident form. They found the car burnt out a day later. Police were informated as soon as I realised car was gone. How long will the insurance companiy take to pay out?

Responses:

usually within 6 weeks
1 week but get on top of them
Simple answer is, As long as they want! You can reduce this time by keeping on at them in writing, e - mail and phone. Be polite but firm, keep asking when they will pay out, and if they have any steps to complete first then ask when they expect that step to be completed. They will pay up as soon as possible because they want rid of the pressure from you
They will have to complete their investigation before they consider paying out. How long the investigation takes depends on what has to be done. Since we do not know the details of your claim and have not spoken to your adjuster - we can not tell you. However, since the car was found burned out - they will take a very close look at this claim
I would prepare for a long wait. 3 - 4 weeks to start. Fire and Theft claims do need to be investigated as the previous answers have said. It is a good thing you sent in all your paperwork already. That will help. Lastly, I would call your theft and fire adjuster often after the 2 week. Your file will find its way to the top of the pile!
Easy theft claims are usually paid within a month. A burned out car maybe more complicated. Maybe. If it seems fishy, then they can send the claim to a special investigative unit to investigate. Then it can take a lot longer. If you have nothing to hide, then just cooperate, and everything will check out, and then they will pay you with no problem. I know people that had nothing to hide but refused to cooperate so never got paid. It is in your policy that you have to cooperate with the insurance company. So, do whatever they ask. The insurance company should be providing you with a rental car until they settle your claim. If you do not have one, then call and ask the claim rep for one. Good Luck
i have been waiting for 3 months for car## nas# to sort out my bike claim hope yours goes better than mine

Tags: insurance, refused, adjuster, prepare, people

Follow this dicussion..

Related Images:

Knowledge Base

Has anyone purchased car insurance online?

i want to purchase geico online but would like some input on any experiences with online auto insurance policies?. i use progressive that i bought online, they have serviced me very well including during an accident. go with an agent. it will cost the same or cheaper and you will (cheap car insurance)

What is the cheapest online car insurance for an 18 yr old male?

my stepson needs to get some online insurance today. do not have alot of time to research. what would you say is the cheapest car insurance available on line. monthly payments? thank you misty flip. agent denim. that was my original suggestion to him. we will get him on our (car insurance quote)

how can i get a lower car insurance quote?

im looking for cheap car insurance. im 16 and i have a 1994 oldsmobile bravda and im trying to get cheap insurance. i have gotten quotes from several insurance companys and wanted to know if there is a way i can make it lower. go to geico duhhhh. do not (car insurance quote)

Related Images:

Knowledge Base: Car Insurance

How do you get cheap car insurance for an 18yo?

i need to find cheap car insurance for an 18yo female who owns outright an $11000. 00 car. any suggestions?. well, this is not enough data. how much insurance does she need? if her car were totaled, could she walk away from that, or is the loss too catastrophic to (car insurance quote)

how can i get a lower car insurance quote?

CAR INSURANCE?

when buying a car i know you have to have car insurance before you drive up but does that necessarliy means they want know you have it but do they let you drive off the lot first or do you give the dealership the insurance money! ? / . they (car insurance)

Car Insurance?

i am planning to buy a used 1992 honda prelude for $2, 700. 00. how does the insurance work? does the price of the car that i paid or the retail price, plays as a factor of how much i would have to pay monthly for insurance. what insurance company (cheap car insurance)

car Insurance?

i need help pickin out insurance for ma car, what would b the cheapest simpilist insurance? im a teen 17yrs. get on your parent insurance. you are screwed no matter who you go with you will pay double and triple what driving adults pay prepare for the shock of what (car insurance)

Related Images:

Knowledge Base: Car Insurance

What is the least amount of car insurance I need to have on a car that doesn't have a loan on it?

i live in wisconsin and havent had insurance in about four years. i am getting married in six months and my fiance's insurance agent said that i should get insurance now, six months before the wedding, so that once we get married and i get added onto his insurance, i (car insurance)

How does the whole car insurance thing work?

i am a 19 year old boy. my parents are buying me my first car. it is a nice pre - owned car. how does the insurance for the car generally work? is it required? i will be in college next year. can they take care of my car insurance? (car insurance)

Car Insurance?

Is it necessary to buy Rental Car Insurance even though i have my car insurance policy with me?

i have a car and have taken auto insurance for it. now my question is if i take a rental car, then my auto insurance policy for my car covers it or i need to take separate insurance for the rental car? when i took the auto insurance policy, they (car insurance)

How does rental car insurance offered by credit card companies when you use the card work?

i have credit cards which say they cover me for rental car insurance when i use the card to make the full payment for the rental. how does that work? are there any catches? does it make sense for me to get the additional insurance from the rental agency like (car insurance)