Which of the following best describes a "third-party claim"?

A third-party claim is defined as a claim made by an individual or entity that is not a direct party to the insurance contract in question. This typically occurs when someone is seeking compensation for damages or losses caused by the insured. For instance, if a driver causes an accident and the injured party files a claim against that driver’s liability insurance, the injured party is the third party seeking the claim.

This concept is fundamental in insurance, particularly in liability coverage, as it delineates the roles of the involved parties. In this situation, the insured is the first party, the insurance company is the second party, and any individuals or entities claiming damages against the insured represent the third party.

The other options describe scenarios that do not align with the definition of a third-party claim. A claim made by the insured against their own policy pertains to first-party claims, while claims involving insurance agents and claims made by insurance companies on behalf of clients are also not classified as third-party claims. These distinctions are crucial for understanding the context of insurance claims and the roles of different parties involved in the insurance processes.