A proof of loss is a formal document that you submit to your insurance company, outlining the damages or losses you’ve experienced, the value of those losses, and the compensation you’re seeking. It’s a critical part of the claims process because it serves as your official statement and initiates the evaluation of your claim. The Proof of Loss must be filed by a specific deadline, which varies by policy and state. In Michigan, it’s typically 60 days from the date of loss or when the adjuster requests it. Additionally, the Proof of Loss must be notarized in the presence of a notary public. Missing the submission deadline can be fatal to your claim and may result in your losing your right to make your claim.

The importance of the proof of loss lies in the fact that it is your responsibility to provide accurate, detailed evidence of your loss. Failing to submit it correctly or on time can result in delays, lower payouts, or even denial of your claim. A well-prepared proof of loss helps ensure your claim is processed smoothly and that you receive the maximum compensation you’re entitled to.

Having a public adjuster assist you with this document can be invaluable. They can ensure all necessary details are included, preventing mistakes that could negatively impact your claim. Proper documentation from the start helps to safeguard your financial recovery after a loss.