MN Public Adjuster Practice Questions - Minnesota Public Adjuster Exam

What is the significance of 'timely notice' in a Minnesota insurance claim?

It has no significance Insurance policies require the insured to notify the insurer of a loss promptly; failure to provide timely notice may result in denial of the claim if the delay prejudices the insurer Notice only needs to be given within 1 year Only verbal notice is required

Correct Answer:

Insurance policies require the insured to notify the insurer of a loss promptly; failure to provide timely notice may result in denial of the claim if the delay prejudices the insurer

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