The length of time it will take for your claim to go through will largely depend on the type of claim you are submitting. Auto accident claims are often handled a lot faster than claims for property damage caused by wind storms or hurricanes. Much of this has to do with the sheer volume of claims insurance companies receive from their policyholders after these types of natural disasters, as well as the willingness of the parties involved to come to an amicable settlement agreement.
Insurance companies are under a legal obligation to handle claims within a reasonable period of time. Any delay in investigating the circumstances surrounding a claim, failure to settle a claim fairly and according to the terms of the insured's policy, attempts to deny coverage or refusal to offer a just settlement on a valid claim within a reasonable period of time are all examples of bad faith insurance practices. Each of these can also have a direct affect on the speed at which your claim is processed, as well as the final outcome. Many states have laws that prevent insurance companies from taking more than 30-60 days to process your claim and issue a final settlement payment.
While many accident and natural disaster claims will be handled through your own insurance company, there are instances in which federal disaster assistance may be available. Either way, there is no question that there will likely be an emotional and financial toll taken on the victims of such incidents. The speed at which you are able to recover financial remuneration will go a long way towards allowing you to get back to some semblance of a normal routine.
If you are wondering how long it will take for your claim to go through, we advise you seek legal counsel before making a claim with your insurance provider. Our lead attorney, Luis Mena, has more than 15 years of experience in the field of insurance law and has been recognized as one of the top insurance attorneys in the Florida. We understand how important it is for you to recover damages in a timely fashion and we will work with you closely to help increase your chances of having your claim go through without any unnecessary delays or complications. Call Mena Law Firm today to speak with a Miami insurance attorney about your claim and to find out what steps can be taken to expedite your claim.