Insurance

What is a Claim?

Claim

[kleym]

noun

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?

What is Loss of Use?

Do you know what Loss of Use is?

Did You Know This Fact About Claims Advances?

If a fire forces you out of your home, you can ask for a claim advance.