What must be included when an insurer files a claim over $10,000?

The requirement for an insurer to include the name and address of the insured person when filing a claim over $10,000 is essential for a few reasons. First, this information ensures clarity regarding who the claim pertains to, facilitating accurate processing and communication between the insurer and the insured. It establishes the identity of the policyholder, making it easier for all parties to verify coverage details and the specifics of the claim.

Additionally, having the name and address aids in adhering to legal protocols, ensuring that the claim is associated with the correct policy and does not lead to potential disputes or misunderstandings about coverage. This also aids in the timely and efficient resolution of claims, fostering a clearer path for follow-up questions or further information requests by the insurer.

Other options, although relevant in different contexts, do not fulfill the fundamental requirements for an insurer's claim submission in this instance. For example, while prior claims history or receipts might be relevant to assessing the claim itself, they are not mandatory inclusions for the initial claim filing.