Auto Claim definition
Auto Claim is defined as any claim resulting from a disabled Auto or Non-Recreational Vehicle.
Examples of Auto Claim in a sentence
If the annual average cost per Auto Claim for the period is less than $[ ] per claim, RA and AGI will split equally the difference between the average guaranteed Auto Claim cost and the actual average Auto Claim cost.
If the annual average cost per Auto Claim for the second year of the contract is less than $[ ] per claim, AGI will reimburse RA for [ ] ([ ] %) of the difference between the average guaranteed Auto Claim cost and the actual average Auto Claim cost.
If the annual average cost per Auto Claim for the third year of the contract and thereafter is less than $[ ] per claim, AGI will reimburse RA for [ ] ([ ] %) of the difference between the average guaranteed Auto Claim cost and the actual average Auto cost.