So people won't make all kinds of false claims just to get money from an insurance company. With the dishonesty in society we can't blame insurance companies for wanting proof of loss before paying a claim.
To get to the route of what your asking: The amount of the LOSS that is deductible is the unrecovered loss. Hence if you have claimed the entire loss as a deduction the amount of insurance you get is income - because essentially, you overdeducted the loss. If you have made no loss deduction claim, then u=insurance is NOT taxable as it is onlyr returning you to the position you were in before the loss.
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