An insurance claim is the official act of asking an insurance company to make a payment according to the terms of an insurance policy. This is an important act because without it, there would be no way to receive compensation for covered damages. Most insurers issue instructions for filing a claim with their policy documentation. It usually involves a call to their claims department and the dispatch of an insurance adjuster to evaluate the claim.
After the adjuster makes a recommendation, the insurance company either denies the claim or approves it for the amount the adjuster determined appropriate. Most companies have an appeal process that helps the insured have more input if the payment is insufficient.
It goes on your record and your insurance rates get adjusted.
No. That is two different issues. Filing a claim is part of a legally binding contract. Filing suit is a civil action in itself.
Each state has different time periods of filing an insurance claim after an accident. Check with you state to make sure you do not miss the filing period.
Your auto insurance claim has nothing to do with filing your income taxes. You file your auto claim by notifying your agent right when the incident occurs so they can start working on the claim as fast as possible.
You can receive advice for filing an insurance claim online at websites such as Huffington Post, USAA, and Yahoo! Financial. You can also contact the company you have insurance through and they should help you with the process.
That's not very likely. The insurance company does not file your claim, they accept your claim notice from you. You have to file your claim with the company, not the other way around.
You do. You can always file a claim. The insurance company may not honor the claim and may reject it, but they can't stop you from filing one.
Yes you can withdraw your claim, but once reported, the damage and the claim filing are still on record.
Possibly. Call an agent.
2 years
A timely limit in filing a claim with AARP health insurance is 30 days. It is always recommended to file as soon as possible.
It is up to the insurance company to seek damages, not you.