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 loss. it helps to pay the cost of insurance fees. it shows a consumer might file in the future.

Explanation:

• Option 1: Submitting a claim doesn't typically lower insurance costs; in fact, it may lead to higher premiums in some cases.
• Option 2: The primary purpose of an insurance claim is to get reimbursement for losses covered by the policy, so it helps cover expenses for a loss.
• Option 3: Insurance fees (premiums) are paid by the policyholder to the company, and a claim is for losses, not to pay premiums.
• Option 4: A claim is for a current loss, not to indicate future filings.

Answer:

B. It helps to cover any expenses for a loss.