When do I submit my proof of loss declaration? They both refer to the sworn proof of loss statement you will need to submit when filing your homeowner’s insurance claim.

Don’t let the two different terms confuse you. Is there a difference between total loss declarations and proof of loss declarations?īoth ‘proof of loss declaration’ and ‘total loss declaration’ are used interchangeably to refer to the document we have explained above. Once the document has been submitted, they will review your claim and respond with their own assessment of the matter. Your insurance company uses this information in order to determine the extent of their obligation to you for the property loss you have suffered. This document is usually one page and offers a summary of the important information you are required to provide based on your policy. Therefore, the proof of loss declaration serves as an official, notarized, and sworn statement to your provider explaining the degree of property damage you have suffered from the accident as well as the total monetary value of the destroyed or damaged property. This means that your insurance provider requires you to present evidence of your loss in the event of an accident that leads to a claim. When it comes to homeowner’s insurance, the burden of proof falls upon the insured party. As claims adjusters, we deal with this kind of paperwork all the time, so we can help explain the purpose of this document as well as offer some guidance as to how to fill it out properly. Whether the claim relates to water damage, fire damage or theft, you will probably be required to submit a sworn loss declaration before you are able to receive your settlement payment. If you are going through the process of filing a home insurance claim in the Los Angeles area, you are probably already aware of the overwhelming amount of paperwork involved.

Insurance binder vs declaration