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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.
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What is the difference between net and gross margin?
Gross margin is Gross income as a percentage of revenue. Net Margin is net income as a percentage of revenue.
What is the difference in Net and gross pricing in construction?
What is the difference in Net and gross pricing in construction?
Calculate gross price to net price?
Gross price-expenses=net price
Is net or gross income taxed?
gross
Is household income gross or net?
Gross.
How is gross income different from net income?
net income is gross income less expenses
Calculate net income in accounting?
Net Income = Sales - Gross profit Gross Profit - Cost of Production = Net Income
Is total household income gross or net?
Gross.
How do I calculate net price to gross price?
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
Are garnishments calculated by net pay or gross pay?
are garnishments calculated by gross pay or net pay
What is after taxes net or gross?
Net Income is after taxes.
How do you calculate net sales when gross margin is known?
Gross margin (also known as gross profit) is the difference between Net sales and Cost of goods sold: Net sales - Cost of goods sold = Gross margin Therefore, if you know Gross margin, add it to Cost of goods sold to get Net sales.
