Question

What is one benefit of submitting a claim to an insurance company?

It should result in lower insurance costs.
It helps to cover any expenses for a lohe.
It helps to pay the cost of insurance fees.
It shows a consumer might file in the future,
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Answer 1

It helps to cover any expenses for a loss.

Explanation: This is the correct answer for Edge 2020 (just took the quiz and got it right ^-^).

Answer 2

One benefit of submitting a claim to an insurance company is that it helps to cover any expenses for a loss.

If, for example, someone bumped into your car and broke a rear-view mirror, you may need to pay for the mirror to be replaced. You can then submit an insurance claim to your car insurance company, meaning that you are asking for the company to refund the cost of the replacement because this sort of loss is covered by their policy.