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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Compact Book of Adjusting Property Claims - Fourth Edition: A Primer for the First Party Property Adjuster

The Compact Book of Adjusting Property Claims - Fourth Edition: A Primer for the First Party Property Adjuster

Paperback

Business General

ISBN13: 9798872696605
Publisher: Independently Published
Published: Jan 2 2024
Pages: 460
Weight: 1.00
Height: 0.93 Width: 5.00 Depth: 8.00
Language: English
A Primer for the First Party Property AdjusterThe insurance adjuster is seldom, if ever, mentioned in a policy of insurance. The strict wording of the first party property policy sets the obligation to investigate and prove a claim on the insured.

Standard first party property insurance policies, based upon the more than a century old New York Standard Fire Insurance policy, contain conditions that require the insured to, within sixty days of the loss, submit a sworn proof of loss to prove to the insurer the facts and amount of loss.

In general, failure to file the proof within the time limited by the policy is fatal to an action upon it (White v. Home Mutual Ins. Co., 128 Cal. 131, 60 P. 666 (1900); Beasley v. Pacific Indem. Co., 200 Cal.App.2d 207, 19 Cal.Rptr. 299 (Cal. App. 1962).

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