I would guess that your gross claim is the total amount of damages done and your net claim is the damages less your deductible. The gross claim may also include the cost of adjusting the claim, like sending someone out to appraise your damages. The extra costs aren't held against you, only the total damages.
Gross margin is Gross income as a percentage of revenue. Net Margin is net income as a percentage of revenue.
Gross price-expenses=net price
What is the difference in Net and gross pricing in construction?
net income is gross income less expenses
Net Income = Sales - Gross profit Gross Profit - Cost of Production = Net Income
The formula is Gross = Net * ( Tax rate / 100 + 1) You can also use this site to calculate Gross/Net Price. http://jumk.de/bank-formulas/gross-net.shtml
Net Income is after taxes.
are garnishments calculated by gross pay or net pay
As far as my knowledge goes, the difference between net and gross values is that the gross value is the value before deductions, while net is basically after deductions from your gross value. Hope it helps!