Most insurance policies have a provision which states a time frame for payment of claims. But the law requires that the insurance company make a decision to cover the loss or not within 90 days. Be aware, that the insurance company may have longer than 90 days if, by no fault of their own, they are not able to investigate the loss adequately within the initial 90 days. If you submit a sworn statement in proof of loss (a sworn to statement reflecting the cause of loss and the amount claimed) seeking a certain amount of money and the insurance company doesn’t agree, there is nothing about the foregoing provision which indicates that you must be paid. However, if the insurance company disagrees with your numbers, it does not seem likely that any court would require the insurance company to pay simply because you have filed proof. Beware of individuals (even lawyers) who tell you that an insurance company is required to pay within a time certain if there has been no final judgment, appraisal award, or agreement.