Claims Report

What Does Claims Report Mean?

A claims report can refer to either a detailed report prepared by an agent regarding an insurance claim or a report made by the policyholder after incurring a loss.

Insuranceopedia Explains Claims Report

A claim report prepared by the insurance agent includes the specifics of the claim, providing a detailed description of the loss, its cause or causes, and the insured’s claim based on their coverage.

On the other hand, a claim report made by the insured after experiencing a covered loss can be submitted personally, over the phone, or online. In most cases, this report must be filed as soon as possible after the loss or damage occurs.