817-485-5050 info@schwabagency.com

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Here’s how home insurers will pay out claims.

After filing a claim with your home insurance provider, you may be anxious about receiving your payment.  To help you know what to expect, here are some of the essential things to know about claim payments.

The first thing that homeowners should understand is that they control how quickly their claims will be paid out.  This is because your claims adjuster requires you to complete certain steps before they can review your claim and issue payment.  So, if you want to receive payment in a timely manner, you should make sure that you have provided all the necessary information and filled out all the important paperwork.  You should also check in with your adjuster frequently, so you know if they need any more information to move forward with processing.

Once your home insurer has processed your claim, they will decide who to issue a check to.  An insurance check can be made out to the owner of the home or a named insured on the insurance policy.  In some cases, your insurer will write a check to your mortgage company.  If this happens to you, will need to work with your mortgage lender in order to cash the check.  Your insurer can also write a check directly the contractor you have hired to take care of home repairs.  Finally, if the claim was for third-party property damage or injuries, then your insurer might make the check out to the affected party.

When you file a claim, then there are some instances in which your insurance payout will come as multiple checks.  This will depend on your insurer’s claim policies, the type of claim filed, and the information that you provided while filing the claim.  Because every insurer will have their own rules, make sure to speak to your agent, so you know what to expect.

These are some of the important things that you should know about home insurance and claim payments.  Do you have further questions regarding your homeowners coverage?  If so, then contact the experts at The Schwab Agency in Colleyville, Texas for assistance today.

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The Schwab Agency

The Schwab Agency, LLC has over 20 years of experience within the insurance industry in our community and our goal is to bring you unparalleled service and dedication. Since the majority of our business is through long-lasting relationships with our clients, fulfilling your needs is of the highest priority.

COVID-19 Update:


Due to new increasing cases of Covid-19 our office will be closed to the general public until further notice. Our team will still be working full-time in the office and here to assist with all your insurance needs. Please contact us via phone at (817) 485-5050 or email: info@schwabagency.com.


We hope everyone is doing their part to protect themselves and their loved ones during these hard times, and thank everyone for understanding our decision to do our part to help protect our staff and those in our community.


Tim Schwab.
President and Managing Partner