What is a Proof of Loss?
If you are asking what a proof of loss is, you most likely received a letter from your insurance carrier requesting one from you as a post loss obligation.
If you have filed an insurance claim, you need to understand what a Proof of Loss form is. The requirements of what needs to be included in a proof of loss will most likely be stipulated within your insurance policy. Simply put, a proof of loss is a form provided by the policyholder to the insurance company in support of their claim, it will typically include basic facts about the loss that occurred and set the amount of the loss. Most companies only require this form upon their request and once requested you will have 60 days to provide it to them. However, there are some companies that state in their policy that you are to submit a sworn Proof of Loss within 60 days of your loss. As you can see this is similar wording with very different meaning.
Regardless of the wording, do not discount this very important form. If it is your requirement to file it within 60 days, file it regardless of whether they ask for it or not. If your policy states “upon our request” and they request it, FILE IT! This is a policy condition and you do not want to fail to comply with it as it can be detrimental to your claim.
The truth is that the insurance company is going to send out an adjuster that is paid and trained by the insurance company to represent them through the claim process, you too need representation. As Public Adjusters we work directly for you, the insured to ensure that you recover fair compensation for your loss. All of our fees are based on a contingency fee, meaning we only get paid when and if you do, there is no upfront cost for our services and we always offer a complimentary claim consultation.