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?

Related Content

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.

Founders: Don't Forget Insurance

Founders and entrepreneurs are busy enough. The good news is they have help when it comes to insurance.

The ABC’s of Auto Insurance

What kind of auto insurance should you have? Do you know?