Claim Legal Meaning and Definition

Here is a simplified definition of the legal term Claim.

Claim (noun):

  1. A formal request for reimbursement or compensation due to loss or damage. This is usually made to an insurance company by a policyholder after suffering a loss or damage that is covered by an insurance policy. For example, after a car accident, a policyholder might make a claim to their insurer to cover the costs of vehicle repair or replacement.

  2. Legal demand for rights or owed assets. This is often pursued in court if not met initially, possibly leading to a lawsuit. For example, an individual might file a claim in court against a business that hasn't fulfilled its contractual obligations.

Example: After a accident, John made a claim on his car insurance.