​​​​© 2016 Steven C. Kletzkin

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What is the Difference Between a Lawsuit and an Insurance Claim?

 An insurance claim is an application for benefits under an insurance policy after an insured experiences a covered loss. When the insurance company, or rather, if the insurance company doesn't make full payment or refuses to honor the claim, they disclaim coverage. A litigation is the necessary next step to bring the insurance company into court to hopefully establish their obligation to insure the individual for the loss that they've sustained.