How Long Will It Take To Get an Insurance Settlement After Filing My Property Damage Insurance Claim?

Know Your Rights and Be Protected. Call A Property Insurance Attorney to Manage Your Claim and Maximize Your Insurance Settlement.

Insurance companies are worth billions and are funded strictly by their collected monthly premiums.  It is commonly known that insurance companies are trying to find ways to deny your claim from the moment you dial the claim hotline.  The best thing you can do to maximize your property damage insurance settlement is to begin your claim process with a licensed property damage insurance attorney.  Your attorney will ensure that you have met all of the requirements to have your claim accepted, repairs are timely and your claim settlement is maximized. 

Deadlines for Claims Payments:

• Texas law permits you to sue the insurance company if it fails to promptly pay your claim.  You are entitled to sue your insurance carrier for the amount of your claim plus interest and attorney fees.  

Here are the deadlines you should know:

• There are times when insurance companies need more time to determine coverage of your claim.  They can take up to 45 days but they have to tell you the reason for the delayed payment.  

• In cases of arson, insurance companies have 30 days to confirm coverage or deny your claim.

• If you are filing your claim with Texas Windstorm Insurance Agency they have 60 days to confirm coverage or deny your claim. An accepted claim must be paid within 10 days. 

• Surplus Lines Insurance Companies have 20 business days to pay once they accept coverage of the claim.