What is an Insurance Claim?

Answer:
A insurance claim is essentially a request or

application for benefits. By making a claim, the insured is asking that his or her benefits be paid out. A claim may be made for all types of insurance including health, home, auto, and life.

For example, if you accidentally back your car into a tree trying to get out of a parking space and dent your bumper, you may want to make an insurance claim. You will call your insurance agent and they will ask for estimates of the damage on the vehicle. You will then fill out the paperwork asking for the repairs minus your deductible. This request for the payment on the repairs is a claim.


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