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Questions and Answers
What is the purpose of filing an insurance claim?
What is the purpose of filing an insurance claim?
- To avoid dealing with the insurance company
- To increase the insurance company's profits
- To receive money to help pay for repairs and other expenses caused by a policy event (correct)
- To report the incident without expecting any financial assistance
What does an insurance adjuster do after a claim is filed?
What does an insurance adjuster do after a claim is filed?
- Deny the claim without investigation
- Investigate what happened (correct)
- Automatically approve the claim
- Assess the claimant's financial situation
What does the Insurance Information Institute report about homeowners filing claims?
What does the Insurance Information Institute report about homeowners filing claims?
- About one in 20 insured homeowners file a claim each year (correct)
- None of the insured homeowners file a claim each year
- Nearly all insured homeowners file a claim each year
- Only one in 100 insured homeowners file a claim each year
When does a claimant receive money after filing an insurance claim?
When does a claimant receive money after filing an insurance claim?
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What is the purpose of having the right types of insurance in place?
What is the purpose of having the right types of insurance in place?
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