Calendar·Insurance·Claims Process
First Notice of Loss: What to Do in the First 72 Hours
FACULTY OF INSURANCEClaims Process • ~30 min

The critical obligations, decisions, and actions that arise in the first 72 hours after a loss — how to protect your claim from the start, what to document, and what not to do before speaking to your insurer.

Faculty of Insurance

First Notice of Loss: What to Do in the First 72 Hours

Faculty
Insurance
Program
Claims Process
Jurisdiction
Ontario
Learning format
Scenario-based
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What this course covers

Scenario

A restaurant owner in a mid-sized Ontario city arrived to find her establishment heavily damaged by fire that had started overnight in the kitchen exhaust system, destroying the kitchen and leaving the dining area with significant smoke and water damage. The restaurant had operated for 11 years under a commercial lease, and the owner held a policy with $850,000 in property coverage and $300,000 in business interruption coverage through a national insurer. In the hours following the fire, she permitted a restoration contractor to begin emergency work before notifying her insurer, signed an authorization allowing the contractor to communicate directly with the insurance company, provided a recorded statement within 36 hours without reviewing her policy, and disposed of spoiled food inventory before it could be documented. The insurer acknowledged the claim but reserved rights pending investigation, citing concerns about the sequence of events and available documentation.

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