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Have you ever had an insurance claim
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denied because you missed a deadline you
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didn't even know existed? Louisiana's
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new law might just save you from that
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nightmare. Let's talk about Louisiana's
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new proof of loss law, HB437,
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which went into effect on August 1st. If
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you have insurance for your home, car,
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or business, this affects you. What
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exactly is a proof of loss? It's a
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formal statement you submit to your
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insurance company after experiencing a
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loss, like damage from a fire, car
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accident, or natural disaster.
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This document details what happened, the
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extent of the damage, and what you
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believe you're owed. You'll need to
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include receipts, photos, and other
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proof of loss requirements varied
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between insurers. Some gave you 30 days,
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others 90 days. The new law brings
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clarity by requiring insurers to clearly
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state how and when you need to submit
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it. This law applies to many types of
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insurance. Homeowners, auto, renters,
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commercial property, liability, boat,
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RV, and motorcycle insurance. Even
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specialty policies like inland marine
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However, life insurance, health
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insurance, accident policies, and
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workers compensation follow different
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rules and aren't affected by this law.
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What happens if you miss the deadline?
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Your claim could be delayed or even
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denied. That's why it's crucial to know
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your policy details and deadlines. If
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you're struggling to meet a deadline,
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you can often request an extension. Just
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don't wait until the last minute to ask
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for help. This law is ultimately about
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creating clarity between you and your
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insurer when disaster strikes. Knowing
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these rules could save you time, money,
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and stress. Let's recap the key points
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about Louisiana's new proof of loss law.
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HB437 brings clarity by requiring
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insurers to clearly state how and when
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you need to submit proof of loss
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This law applies to most insurance
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types, including home, auto, and
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business policies, but not life, health,
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accident, or workers compensation.
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Missing your proof of loss deadline
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could result in delayed payment or even
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claim denial. So, mark those calendars.
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Remember, you can request deadline
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extensions if needed. Just don't wait
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until the last minute to ask. Thank you
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for watching our guide to Louisiana's
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new proof of loss insurance law. If you
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have any questions about how this
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affects your policies, don't hesitate to
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contact your insurance agent for
