How many days do insurers have to respond to any claim inquiry from the insurance department?

Get ready for the New York Auto Damage Appraisal Test. Utilize flashcards and multiple-choice questions, each with explanations and hints. Prepare for success!

Insurers are required to respond to any claim inquiry from the insurance department within a maximum of 10 days. This timeframe ensures timely communication and accountability in the claims process, allowing the insurance department to perform its oversight duties effectively. By mandating such a response time, it facilitates the resolution of claims issues and encourages insurers to maintain efficient practices in handling policyholder inquiries. Understanding these regulations helps ensure that insurers uphold their responsibilities and provide the necessary information to regulatory bodies promptly.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy