Insurance

What is a Claim?

Claim

[kleym]

noun

1.

An insurance Claim is a policyholder’s request to an insurance company for restitution based on the terms of the insurance Policy. The insurance company, through an Adjuster, investigates the validity of the Claim and pays the policyholder.

Have A Question About This Topic?

Thank you! Oops!

Related Content

Did You Know This Fact About Trampolines?

Did You Know This Fact About Trampolines?

Trampolines cause thousands of injuries per year.

How to File a Wildfire Claim

How to File a Wildfire Claim

Here’s what you need to know when filing a wildfire insurance claim.

Fallen Tree Damage—Who Pays?

Fallen Tree Damage—Who Pays?

Your liability for damages that occur when a tree on your property falls on your neighbor’s property is not clear cut.