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How long does it take to receive a claim payout from a car insurance company?

My car was totaled in an accident a month ago. Luckily I'm unhurt, but my car is definitely not okay. I submitted a claim to my insurance and they approved it—but it's been a few weeks and I'm still waiting. I do need my car for work—so how long will it take to receive the payout?

avatar
Emily Maracle · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Generally speaking, the time it will take for your payout will depend on your
car insurance company
.
In most cases, you should receive your claim payout within 30 days: If it’s approved and you have a car loan, your insurance company may be coordinating with your lender for the payout. Coordinating between companies for payment may take time, since any money leftover will go to you.
If you’re concerned about the timing: Reach out to your car insurance company—someone in the claims department may be able to give you a better idea of the timing, and can also inform you if any additional information is needed on your part to speed up the process.
If you do feel unsupported by your company, though, it might be a good idea to shop around for a new provider. 
One of the easiest ways to find out if you’re getting the best deal on the coverage you need is to use
Jerry
—we’ll get you multiple customized quotes from different top-of-the-line providers so that all you have to do is simply choose the plan that works best for you. And once you choose a new plan, we’ll even help with the phone calls and paperwork involved in switching, too!
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.

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