What is the purpose of the proof of loss in the insurance claim?

In: Homeowner Insurance

[Edit]

Answer

So people won't make all kinds of false claims just to get money from an insurance company. With the dishonesty in society we can't blame insurance companies for wanting proof of loss before paying a claim.

First answer by Redbeard. Last edit by ID1155369039. Question popularity: 23 [recommend question]

Also see on Answers.com

Proof of loss (business term)
Proof of Claim (business term)

Research your answer:

Can you answer other questions about home insurance?

Does homeowners insurance cover moving?
Can i get home insurance even though my wife is bankrupt?
Is a homeowners policy valid with both spouses named as insured if only one spouse is on the deed due to a separation and do Insurance companies give credits for being a married couple?

Answers.com > Wiki Answers > Categories > Business and Finance > Insurance > Homeowner Insurance > What is the purpose of the proof of loss in the insurance claim?

Our contributors said this page should be displayed for the questions below. (Where do these come from

)

If any of these are not a genuine rephrasing of the question, please help out and edit these alternates.

What does proof of loss mean?