Tammy says her inventory was stolen by local bandits. The insurance company asks her to file a proof of loss form with supporting evidence. What is likely to happen next?

Study for the Florida 2-20 Statutes Exam. Use flashcards and multiple choice questions with hints and explanations. Prepare effectively!

The insurance company requesting a proof of loss form with supporting evidence indicates that they are taking Tammy's claim seriously and require substantiation before proceeding. In the context of insurance claims, if the evidence provided by Tammy does not adequately demonstrate that a theft occurred—such as police reports, inventory records, or witness statements—the insurance company is likely to question the validity of the claim. If they find the evidence lacking, it is plausible that they would deny the claim due to insufficient proof of loss.

This response aligns with standard insurance practices where insurers must verify claims thoroughly to prevent fraudulent activities. Without credible evidence confirming that a loss took place, it stands to reason that the company could deny the claim, ensuring they protect themselves against paying for non-existent claims.

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