Definition of «damage claims»

Damage claims refer to a request for compensation due to harm or loss caused by another party. This can be in relation to property damage, personal injury, financial losses or other types of damages that have resulted from negligence, breach of contract, accident or any other incident where the individual or entity involved believes they are entitled to receive reparations for their losses.

In legal terms, a claim for damages is typically filed in court as part of a civil lawsuit and seeks compensation for the harmed party's financial loss, pain and suffering, emotional distress, medical expenses or other related costs. The amount of damage claimed can vary depending on the severity of the harm caused and may include punitive damages if the defendant’s actions were found to be malicious or reckless.

In summary, "damage claims" refer to a demand for compensation as a result of harm or loss suffered by an individual or entity due to another party's negligence or wrongdoing.

Sentences with «damage claims»

  • Liability insurance can protect you from the cost of a bodily injury claim or property damage claim against you, up to the limits on your policy. (trustedchoice.com)
  • Liability is the portion of your insurance policy that protects your personal assets from the cost of a bodily injury or property damage claim against you. (trustedchoice.com)
  • Your renters insurance policy also protects you and your family against certain bodily injury and property damage claims for which you are liable. (bvia.com)
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