There’s no set amount of time for a resolution to your claim, it really is a case by case basis sort of thing. For example, a minor claim only affecting your vehicle vs a more complicated claim involving several vehicles will take very different amounts of time to fully resolve. A claim could be resolved in just a couple of weeks if the evidence makes it clear who was at fault for damages, or a claim could take several months or even longer if further investigation is required.
Every insurance company, including LOOP, will conduct a thorough investigation into every claim, looking at all of the facts in order to determine coverage. This can sometimes be a lengthy process, especially if the case is a complex one such as an accident involving multiple drivers.
Just remember, the claims adjuster wants to settle your claim as quickly as possible just as you want to have your claim settled as quickly as possible. Claims adjusters are often assigned to many cases all at once, and they are looking to close their cases as soon as possible so injured parties can begin to recover. The best way to help speed things up on your claim is to be communicative and cooperative with your adjuster, providing any and all information they may require in order to fully investigate the loss.
LOOP Blog Post: Everything You Need To Know About Car Insurance Claims
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