First time filing a claim? There’s a lot that you can overlook, and the proof of loss statement is the most commonly forgotten. Imagine needing funds for relief right after a hurricane, only to run into complications that can waste valuable time in a situation where every second spent is a dollar down the drain. Proof of loss filings with your insurer in many claims are a requirement, not an option. Turning in a claim without this document accurately completed can lead to a lowballed settlement offer or a straight-up denial. We made this guide to help stop that from happening.

Your trusted team of public adjusters is here to tell you what you need to know about your proof of loss statement for a stress-free insurance claim! Call Altieri Insurance Consultants Tampa today for a consultation on reliable insurance claim services near you.

Proof of Loss Statements – Your Ticket to a Fair Settlement

You’re just about to file your insurance claim for damage to your Tampa property, but you have this feeling that you are not sure you have included everything. If it feels like you’re forgetting something, it could be your proof of loss statement.

A Sworn Statement in Proof of Loss is a formal document whereby the policyholder swears under oath to its insurer that their claim amounts are accurate. This document should contain hard evidence of your property’s loss value from damage. These damages could include the cost of potential repairs, a depreciation of the property’s value, additional living expenses, contents valuations, and if applicable, any loss of income projections expected until your operations are back in business.

Without a proof of loss statement, your insurer will have only their point of reference to work from when calculating your settlement offer. This deficiency can create an insurer’s incomplete tally of damage or loss valuation, leaving you insufficiently reimbursed or worse, with increased exposure to claim denial.

It’s Not Just a Document. It’s a Requirement.

Missing the filing deadline of one document during a claim can cause a claim denial. That may seem ludicrous, but it has happened. Some insurance companies in Tampa require that you submit a proof of loss statement when filing a claim, or else they won’t accept it. This rule is to prevent wasted time for both parties and is usually stated somewhere in your insurance policy. This is one rule that calls for vigilance on your part!

Learn more > What Are the Most Common Reasons Insurance Claims Are Rejected? Let Our Adjusters Save You The Trouble

Express the Full Scope of Your Property Damage With a Proof of Loss Statement

No one wants to be undervalued when filing a claim with their insurer, especially when their livelihood is at stake. A proof of loss statement helps ensure that you get the correct amount when filing a damage claim in Tampa.

Your insurer will only reimburse damages that they know of and agree with. Without proof of loss, your assigned insurance adjuster may present an underwhelming settlement offer that won’t be nearly enough to cover your property damage. Having photos, videos, service invoices, and a professional on your side advocating for you gives you the backing to ask for more.

Am I Doing It Right? Proof of Loss 101:

Sending in a couple of photos won’t always be enough to get you the results that you want. Filing of the Proof of loss and swearing to its accuracy under oath must be handled with deliberate care. You know who won’t overlook a single detail when filing your insurance claim? A reputable public adjuster in Tampa.

Public adjusters are arguably more diligent than insurance carrier adjusters because public adjusters have more time and interest to provide personalized care for your specific loss as we search for every detail that can aid their clients’ pursuit of a fair settlement offer. When you hire a team of public adjusters with a lengthy track record of success working for other property owners in your area, you know you have an impending win on your hands!

Read more > What Do Insurance Adjusters In Florida Look For?

Get What You Are Owed. Let Altieri Insurance Consultants Handle Your Damage Claim!

Need an expert to help you out with your proof of loss statement? Let us take a look!

Call Altieri Insurance Consultants Tampa today at (813) 247-4757 for a team of public adjusters you can trust for reliable property damage claims services near you.

The Partner Property Owners Rely On.