Proof of loss

Formal document submitted to your insurance company following an insured event.


What is proof of loss?

Proof of loss is a document you submit to your insurance company when claiming after an insured event. This document details the nature of the incident, any damaged or stolen property, and the specific amount of money you’re seeking as compensation.

“Your duties after a loss” is a clause in most insurance policies that details your responsibilities when making a property damage claim. This document is the basis for any claim continuance, and it’s in your best interest to be thorough and honest in its completion.

What is the purpose of a proof of loss form?

The proof of loss form’s purpose is to clearly explain your claim’s reason. It’s your opportunity to present your case and show evidence of the loss.

Keep in mind that this form might be the only account your insurance company sees about the incident, and they may use it to decide whether to move forward with your claim. So, it’s crucial for you to provide detailed and accurate information.

When will you need to submit proof of loss?

There’s a good chance you’ll be asked to provide proof of loss when making a claim. Most insurance companies won’t accept a simple statement from you and give out compensation.

What information is included in a proof of loss form?

The following details are typically included in a proof of loss form:

  • Photos
  • Police reports
  • Eyewitness reports
  • Financial records
  • Equipment loss reports
  • Dollar amounts for each loss listed above

Although the proof of loss form may be only one or two pages long, providing lots of supporting evidence is critical to a successful outcome.

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