How soon must an insurer make payment after receiving proof of loss under a dwelling policy?

In the context of a dwelling policy, an insurer is typically required to make payment within a specific timeframe after receiving proof of loss. The correct answer indicates that the insurer must make payment within 60 days. This timeline ensures that claims are processed in a timely manner and provides policyholders with a reasonable expectation of when they can expect to receive payment for their covered losses.

This timeframe is crucial for maintaining trust between the insurer and the insured, as it reflects the insurer's commitment to fulfilling their obligations as outlined in the policy. By adhering to this 60-day window, insurers not only comply with industry standards but also support the financial stability of their policyholders during potentially challenging circumstances following a loss.