In legal language: The first party, also called the insured, is the car owner, homeowner, business or professional who wants to make sure they have enough money to pay damages if someone else is injured. The second party is the insurance company that the insured contracts with. The insured pays the insurance company monthly or regular premiums in return for the pledge by the insurance company to pay any valid claims. The third party is the person who is hurt, or in death cases, it is the family or beneficiaries of the person who is killed. Third party claimants usually demand the following payments when the first party causes them harm: All medical bills. This payment includes all necessary hospital stays, doctor visits, medications, and medical devices the injured person needed or may need. Property damage. If personal property, such as a vehicle, is damaged in an accident, the victim can ask to be compensated. All lost income. Typically, this means lost salary, lost wages, or lost self-employment income. Pain and suffering. This sum is for the physical anguish and emotional anxiety the injured person suffers on a daily basis. In wrongful death cases, the damages include the loss of financial support and the loss of emotional support the deceased would have given to family members. Our Chicago insurance claim lawyers demand all the damages the law allows when someone else is liable for your injuries.