Homeowners Insurance - How Long does it Take to Receive a Claim Check?

By Adams Bridges

After you filed a claim and the home insurance company adjuster investigated your property and the claim was processed and you get the approval. How long should you wait until you receive your insurance settlement check? It may take a few days or a few weeks. It depends on many factors such as the homeowners insurance provider, how many claims you filed later and the type of claim. But the following factors are the most important:

1- File your claim immediately and don’t waste a crucial time.

The date when you file a claim is one of most important factor that has a great impact on how much time you should wait to receive your claim check. That is why you should start quickly to contact your homeowners insurance agent to submit your claim before the filing claim time expired. Furthermore some incidents such as water damage require immediate repairing before the damage becomes a serious problem.

2- Fill out your claim forms and paperwork accurately.

In order to decrease the time needed to get your claim processed and to receive your check in short time, you should fill out the claim forms precisely and completely. If your homeowner’s insurance company found any missing information in your paperwork the settlement check may take longer time. Providing the adjuster with all information needed to investigate the property damage is a good approach to receive your check in a short time.

3- The ownership proof is important to receive the check without delay.

Home owners insurance fraud is a widely-spread problem. That’s why most of home insurance providers get so suspicious when it comes to settle an insurance claim. Especially if you have no proof of ownership such as receipt of purchase or at least a photo of the damaged or stolen property. If that is the case the claim settlement may take longer time to be processed and consequently the check will be delayed for weeks.

4- make sure you have copies of your claim form and paperwork.

After you fill out the claim form and before sending it to the insurance company you should keep copies of all forms, paperwork and other receipts related to the claim. They may ask you about any unclear provided information. Besides, having these copies as backup documents is very important to you if your claim documents have been lost or damaged. Your home owner’s insurance claim check will be delayed if your paperwork was mislaid.

You will receive your home insurance claim check in short time if you bear in mind the above-mentioned tips.