Quote:
Originally Posted by 4444
that's odd - don't they usually need proof that it is gone/downed/missing entirely.
good for them if they are paying, but from what i've been hearing, it is usually a much more drawn out process.
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It depends on the terms of the policy.
If your car or other insured valuables are stolen, insurance companies will often pay out after a pre-determined period of time if the insured property isn't recovered or is recovered but damaged.
Sometimes these amounts will be staggered over several periods, which is what it sounds like here with the initial payments.