An insurance claim is a formal request made by a policyholder to their insurance company for compensation or coverage for a loss or damage. This process typically occurs after an event such as an accident, theft, or natural disaster, where the policyholder seeks to recover costs based on the terms of their insurance policy. To file an insurance claim, the policyholder must provide necessary documentation, such as photographs, police reports, or receipts, to support their request. The insurance company then reviews the claim to determine its validity and the amount of compensation owed, if any, based on the policy's coverage limits.