Providing Proof Of Loss In A Homeowner’s Property Damage Claim
In order to get compensation through your homeowner’s insurance company in a property damage claim in Daytona Beach, you will need to provide proof of loss. Proof of loss has specific meaning when it comes to dealing with insurers and failing to provide the correct information could result in delays or denial of your claim. Find out more about how to provide proof of loss and all that it involves.
Creating A Complete Home Inventory Provides Proof Of Loss In An Insurance Claim
In order to provide proof of loss regarding property damages, it is recommended that you complete a home inventory prior to having to file a claim. This should be done before or as soon as purchasing a policy and it is important to update it every year so that it reflects any changes.
While this may seem like a daunting task, the Insurance Information Institute (III) recommends the following tips for making the process easier:
- Start small. Moving from room to room typically works best.
- Include basic information. Provide a brief description and relevant details, such as when and where you bought the item and what you paid for it.
- Record serial numbers when possible. For items such as appliances, televisions, and other electronics, look for the serial number on the back or underside.
- Include recent purchases. Make sure newer items or recent home improvements are included.
- Keep a folder containing receipts. These provide important evidence in filing a claim.
- Make a digital home inventory. Using your cell phone, go through your home and take pictures or videos of all items.
Filing Out Your Proof of Loss Statement
A thorough home inventory provides proof of loss when filing a property damage claim. However, there is also a proof of loss document you will need to complete as well. This is an official, notarized, sworn statement from you to the insurer, specifying the scope of the damage you suffered. Adjusters International warns that there are some important things to remember when filling out this statement:
- Be as accurate as possible. Avoid making vague statements in regards to your losses.
- Be completely truthful. As this is a sworn legal document, be careful not to overestimate or exaggerate losses.
- Make sure you have supporting evidence. You should have receipts, photos, police reports, or other types of evidence to document any claims you make.
- Make sure to fill it out in a timely manner. Your insurance policy will dictate the amount of time after you suffer damages in which to submit a proof of loss statement.
Reach Out to Us Today for Help
Before filling out a proof of loss statement or other steps that could impact your rights in a property damage claim, reach out to Bundza & Rodriguez. We are here to help you get the maximum amount in any settlements. To request a consultation, contact our Daytona Beach property damage attorneys today.