What must a proof of loss statement be?

A proof of loss statement must be in writing to be considered valid. This requirement is essential as it provides a clear, documented account of the claim being made by the policyholder. A written statement ensures that all details pertaining to the loss are accurately recorded, including the nature of the claim, the facts surrounding the incident, and any other relevant information. This document serves as an official record, making it easier for insurance companies to review and process the claim efficiently.

While some may think that a verbal statement might suffice, the lack of a written record would lead to potential misunderstandings and difficulties in verifying the details of the claim. Notarization and the need for a witness signature, while they might add additional layers of verification, are not generally required for a proof of loss statement itself. Therefore, the key takeaway is that a written format is essential for the integrity and clarity necessary in submitting an insurance claim.