by Zayed Al-Sayyed

Car accident attorney, Personal InjuryNovember 25, 20220 comments

How Long Does an Insurance Company Have to Settle a Claim in Arizona?

If you or a loved one has been in a car accident in Arizona, then you know just how lengthy and tedious the insurance process can be. When you’re waiting for compensation for damages, it can feel as though you have been waiting forever.

So how long does an insurance company have to settle a claim in Arizona? As Phoenix’s top personal injury attorneys, we’re going to reveal everything you need to know in today’s blog post.

The Insurance Timeline in Arizona

After an accident claim has been filed, insurance companies have 40 days to settle it. However, there are additional steps that must be completed before that happens. Check out the Arizona insurance timeline below:

• Within the first 10 days, insurance companies must acknowledge the claim and send the policyholder the associated paperwork (including proof-of-loss forms).
• Over the next 15 days, companies must decide on the claim after reviewing the completed proof-of-loss forms.
• In the following 15 days, companies must make the final payment on the approved claim.

Requirements for Settling a Personal Injury Lawsuit

If you or a loved one has experience with a personal injury lawsuit, then you know that it can take time to settle. Wondering if there’s a way to expedite the process? Here are some measures you can take:

• Gather evidence. After the accident, make sure to take photos and document all details. This will serve as evidence to establish the facts of the case and prove the timeline of events.
• Submit complete information. The insurance company needs all relevant information pertaining to the case in order to make quick decisions.
• Communicate consistently and timely. You should respond promptly to all communications made by the insurance company. This will help the process move forward as quickly as possible. However, it is essential that you run all communications by your personal injury attorney first, as you don’t want to say anything that might jeopardize your case.

Best Personal Injury Attorneys in Phoenix, AZ

So, how long does an insurance company have to settle a claim in Arizona? Hopefully, this blog post was able to provide the answer. However, regardless of the duration, filing an insurance claim can be a long and overbearing process. The best way to ensure you receive the compensation you deserve is to enlist the help of a personal injury attorney.

If you or a loved one is seeking a personal injury attorney in Phoenix, look no further than The Law Office of Zayed Al-Sayyed. Not only are we well-versed in Arizona law, but we’re able to combat the sneaky tactics insurance companies often use in an attempt to devalue your claim.

After suffering from an accident resulting in injury or property damage, the last thing you should worry about is losing compensation at the hands of an insurance company. With our team by our side, you can rest assured that we will fight to get the compensation you deserve. Contact our team today to request your free consultation.