How much might it cost an insurance company to investigate an insurance claim for lets say theft?

How much might it cost an insurance company to investigate an insurance claim for lets say theft?

How much might it cost an insurance company to investigate an insurance claim for lets say theft? I just need a rough figure, any help would be much appreciated. Thanks

lucy

The insurance company MUST investigate ALL claims. Be it, auto accidents, homeowner claims, they must determine if there is coverage, then determine if owed (liability to 3rd party) or if in theft, they take more steps, since the person claiming, must provide proof of the theft or to verify if not fraud.They will usually take longer to conclude and will be asked more questions or proof. If fraud, then they will deny and pay nothing.good luck

mbrcatz

Usually a minimum of $250 - including police report and adjusting expense - up to thousands and thousands, depending exactly on the claim.

Rob

It would not matter! If they suspect insurance fraud they will spend the money what ever it takes!

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