How long does state farm insurance company have to settle a house claim?

Answer 1

All Licensed Insurance Companies have to settle their submitted claims in accordance with the regulations as promulgated by the Department of Insurance in the state in which the claim occurred.

In most U.S. states an insurer is required to make a reasonable settlement offer within 60 days barring extenuating circumstances such as a widespread disaster.

Another mitigating factor on the 60 days is when the insured disagrees with the settlement offer. Remember though, The company only has to make a reasonable offer, If you disagree with the settlement offer then that automatically extends the amount of time it can take to settle.

So it really just depends on your state regulations as to specific claims settlement and requirements.