by evan » Sat Jul 08, 2006 10:39 am
Proof Of Loss
Documents to be produced to an insurance company showing that a loss has occurred.
Documents to be produced to an insurance company showing that a loss has occurred.
Posted: Fri Apr 23, 2010 08:50 pm Post Subject: loss of property
My fiance and I had all our property stored in a storage unit that was accidentally auctioned off. I was told with what my loss was to go through my insurance company and did such. My fiance was told to sue the parties involved which he is adding in the cost of my items. Court is coming up for this case. They are not disbutting that this was autioned off but are on the value of the property.
My insurance knows that there is a claim against them, but under my fiance name.
This shows that there was a proof of loss.
What I want to ask is how will they estimate the value of my claim which is 88K and my policy max is 31K. Will I have any issues getting money from my insurance company, and how will they calculate the amount they will give me?
The law suit is for 25K. Settling on 12,500$
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