Claim Agent

Definition of "Claim agent"

Person who has been authorized by the insurance company to pay a loss (s) incurred by the insured.

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Related Real Estate Glossary terms

Associate In Research And Planning (arp)

Professional designation earned after the successful completion of six national examinations given b ...

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Interest that is earned but not paid, adding to the amount owed. For example, if the monthly interes ...

Indirect Loss

Loss that is not a direct result of a peril. For example, damage to property of a business firm woul ...

Statutory Earnings

Revenue based on conservative reserve requirements of various states. Statutory earnings do not meet ...

Warranty Of Habitability

Implied assurance from a landlord to a prospective tenant that an apartment is safe and void of heal ...

Burning Ratio

actual fire losses divided by the total value of the property exposed to the peril of fire; actual ...

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