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Jackson, MS, How Much Time Do Car Insurance Companies Have to Settle a Claim?

Insurance companies are expected to take action in good faith, and it is expected that they settle the claim and communicate with the insurance holder in a timely manner. Specifically, they are expected to complete the settlement process within two months of the initial application. They must acknowledge the claim within 15 days as well. Though there is no mandated timeline for the insurance company to strictly follow, the law entails that the company responds in a reasonable time. If they fail to do so, they may be penalized and have to pay the individual more money for the time that was wasted.

Anyone who feels like the insurer was violating the law or that they are acting unethically should not hesitate to connect with a car accident attorney to help them hold the company to account. Getting into a car accident will usually always result in rapid changes in a person’s life. Anyone who is suffering from the aftermath of a car accident will likely not be in the correct state of mind to communicate with the insurance company and make the best decisions for themselves. Since the law is so complicated, it is always best for a person to reach out to a car accident lawyer as soon as possible so they can get the help and support they need during this troubling time period in their life.

Anyone who gets into a serious accident is entitled to receive an efficient settlement amount, and they can do this by taking all the correct steps from the beginning of the process.

How long will a car accident insurance claim take to settle in Jackson, MS?

Apart from the basic timeline set forth by the law, there are a variety of factors that will affect the length of an insurance claim. These factors include the severity of the bodily injuries, the level of communication, and the time in which a person files their claim. In certain seasons and times of the year, the insurance company will likely be busier, and this can result in longer wait times.

Individuals who wish to seek a car accident settlement should connect with a car accident attorney as soon as possible to get help with their insurance claim and to make sure they are not taken advantage of by the insurance company who is clearly well-versed in the law.

Connect with a car accident lawyer at the Law Offices of Malouf and Malouf to get help with filing a legitimate claim and to hold an insurance company responsible for acting in bad faith today.

Reach them at:

501 E Capitol St, Jackson, MS 39201

(601) 522-2222

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