Which of the following is NOT a duty after a loss according to typical insurance practices?

Study for the Nevada Personal Lines Insurance Exam. Prepare with flashcards and multiple choice questions, each with hints and explanations. Get ready for success!

Making immediate repairs without notice is not a duty that is typically required after a loss in insurance practices. Insured individuals usually have an obligation to notify their insurer about the loss before taking such actions. This is important because it allows the insurance company to assess the situation, evaluate the damage, and provide any guidance on repairs. If the insured makes repairs without the insurer's knowledge, it could potentially lead to disputes regarding coverage or the extent of the damages.

On the other hand, exhibiting the damaged property is essential as it allows the insurer to evaluate and document the claim. Preparing an inventory of damaged personal property helps in providing a clear list of losses, which can streamline the claims process. Filing a proof of loss within the established timeframe is also a standard practice that ensures the claim is processed in a timely manner. These duties help facilitate communication between the insured and the insurer, allowing for a more efficient and clear claims process.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy