What type of claim is filed by a policyholder against their own insurance company?

A first-party claim is one that a policyholder files against their own insurance company. This occurs when the insured seeks to obtain benefits under their own policy due to a covered loss or damage. For instance, if a homeowner experiences damage to their property from a storm and submits a claim to their own homeowners insurance, they are making a first-party claim.

This type of claim emphasizes the direct relationship between the policyholder and the insurer, where the insured is relying on their policy coverage to receive compensation for losses they've incurred. First-party claims are fundamental to understanding the insurance process, as they reflect the rights and benefits due to the insured under their own policy agreement.