[StBernard] INSURANCE

[Westley Annis]

Heather,
 
   This has been going on, my boyfriend has not even had an adjustor out to
his house even though 4 have been assigned. There is this 30 day thing or
they owe you 25 % more, there was some give at the beginning of this, but
many homeowners are tired now...the problem will be collecting and
determining a "reasonable" amount of time considering everything. Hang in
there.
 
Wendy

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Does anybody know the law in which the insurance company has to settle with
you within 30 days? My insurance adjuster keeps giving me the run around and
telling me that they will send it to me in 2 weeks...2 weeks has now been
over 2 months. Someone told me that they have a law where if they don't
settle with me within 30 days they will be penalized for holding my money
and drawing interest from it. It is amazing how "they" need my money before
my insurance is up for renewal, but when it comes time to pay out, they hold
out! By the way, I have Horace Mann Insurance (teachers insurance) and
Hartford Insurance for flood.
Thanks.

Heather C. LaBauve