If the insurer elects to repair or replace rather than pay, within how many days after receipt of the insured's proof of loss must the insurer provide written notice?

If the insurer elects to repair or replace rather than pay, within how many days after receipt of the insured's proof of loss must the insurer provide written notice?

• A. 15 days
• B. 30 days
• C. 45 days
• D. 60 days

Answer: (B)

When an insurer chooses to repair or replace instead of paying the loss, they must inform the insured in writing of that election within 30 days after receiving the insured’s proof of loss. This 30-day deadline keeps the claims process moving and gives the insured a clear, timely understanding of how the claim will be handled. The other day-count options don’t align with this standard timing, so 30 days is the correct period.

When an insurer chooses to repair or replace instead of paying the loss, they must inform the insured in writing of that election within 30 days after receiving the insured’s proof of loss. This 30-day deadline keeps the claims process moving and gives the insured a clear, timely understanding of how the claim will be handled. The other day-count options don’t align with this standard timing, so 30 days is the correct period.