Insurance Claim Disputes (Feb. 2014) | Page 15

F R E Q U E N T LY A S K E D Q U E S T I O N S How long do I have to wait before filing a suit? It depends. If part payment is made, send a 10 day demand letter. If they do not pay in full, send it to us. How long does the insurance company have to pay my claim? Most insurance policies have a provision which states a time frame for payment of claims. However, if you review these provisions they will typically read as follows: “We will pay your claim within 20 days of the date you and we reach an agreement in writing or 30 (or 60) days after entry of an appraisal award or entry of a final judgment”.The foregoing language may not be the precise language of your policy, but it does contain the essence of the policies often seen in Florida. What if the mortgage company is holding my check? If you are a remediation company send your claim to us right away. They should not be holding your check. We may be able to sue the mortgage company for unjust enrichment. What do I do if an insurance adjuster kicks us off the job? We can file a tortuous interference with business practice. Why does 3rd party peer review always have a lower invoice? Insurance companies and third vendors have a pre set agreement. However there is no policy provision that requires you to match their preferred vendor prices.