Copyright © 2010 - Mortgage Insurance - is proudly powered by WordPress | Log in
Compositio Theme is created by: Design Disease brought to you by PremiumThemes.com
Ask about mortgage insurance information
In: Insurance
11 Mar 2010I totaled my motorcycle and my insurance say’s its a total loss. The insurance has already picked up the bike & we have agreed on a pay out price. I have sent them the pink slip & the vehicle transfer form. I checked and they have received the pink & transfer form. How long does my insurance have to pay me out?
I live in California if that matters.
ohio food stamps eligibility 2010,divorce and embezelment,how much should i pay for a 2010 kawasaki ninja 250r,insuring a house with unpermitted,information you should know and becoming a financial advisory,ohio food stamps calculator,will i lose my medicaid if i get a inheritance,husbands car title transfer after death,SSDI mortgage,Will my financial aid change if I transfer school
This is site about mortgage questions.
Copyright © 2010 - Mortgage Insurance - is proudly powered by WordPress | Log in
Compositio Theme is created by: Design Disease brought to you by PremiumThemes.com
3 Responses to How long does the insurance have to payout my claim after we have agreed on a price?
Vipassana
March 11th, 2010 at 5:06 pm
As long as they feel like taking.
There is no law that says they have to pay by any specific amount of time.
wayfaroutthere
March 11th, 2010 at 5:34 pm
They are allowed a really long time by law. (In Virginia, they have thirty days to acknowledge a claim–I don’t know how long they have to actually pay one.)
If you have full coverage, call them and ask for a rental car while you wait. If they are paying $25 a day to stall, they won’t stall quite as long.
Ken–the good insurance companies take less than 30 days. The bad ones don’t have to pay that quickly if they don’t want to.
ken k
March 11th, 2010 at 5:39 pm
they usually handle that in 30 days