How long after a loss does coverage begin?

Coverage typically begins 48 hours after a loss occurs in many insurance policies. This period is significant because it allows the insurance company to assess the situation and verify the details surrounding the loss before activating coverage. The 48-hour waiting period is often included to prevent fraudulent claims and ensure that legitimate losses are adequately documented and evaluated before benefits are disbursed.

This stipulation is an industry standard, reflecting a balance between providing prompt assistance to policyholders and protecting the insurer's interests. Understanding this timeframe is critical for adjusters as they navigate claims processing and communicate expectations to insured clients.

Knowing the duration of coverage commencement after a loss can help adjusters manage claims efficiently, setting clear timelines for when coverage will be available following an incident.