North Carolina Adjuster Practice Exam

All of the following are insured duties after a loss in a homeowners policy, EXCEPT:

1. Provide a proof of loss

2. Cooperate with the insurer

3. Provide a loss estimate from an appraiser

4. Notify the insurer in a timely manner

The correct answer is: Provide a loss estimate from an appraiser

The correct answer is based on the responsibilities typically outlined in a homeowners insurance policy after a loss occurs. While insured individuals have various obligations to fulfill, not all actions are mandated. Providing a loss estimate from an appraiser, while potentially beneficial, is not a required duty of the insured. After a loss, policyholders are expected to engage in certain key actions to facilitate the claims process. They must notify the insurer promptly about the loss, cooperate with any investigation, and provide proof of loss, which usually entails submitting a formal declaration detailing the loss and supporting documentation. The requirement for cooperation with the insurer and timely notification are essential for ensuring the claims process runs smoothly and efficiently. However, obtaining a loss estimate from an appraiser is not a stipulated duty under standard homeowners policies. Instead, this is often performed later in the claims process, typically when disputes arise regarding the amount payable for damages. Therefore, while providing an appraisal might help clarify claim value, it is not an obligatory duty that the insured must fulfill immediately after losing.