I have a friend who's car was stolen, it has been 2 weeks, since the police report was filed, and ins. co. was notified. About how long before payout is made from ins. co? The car was wholly owned by this individual, and was a late model car, worth around 10-12k. Any idea on how these things work? Ins. Co, not being very helpful. Thank you.
It may depend on where you live. Here in Texas the insurance companies have exactly 30 days to settle on the non-personal injury part of the claim (that includes stolen vehicles, vandalism, fire, etc.)
