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Insurance claims park cash until payout
Open insurance claims leave filed dollars parked until payout. Type claims, lag days, and $ per claim. Cash gap $ = claims x $ per claim. Lag days name how long that cash sits.
Pair: Insurance claim lag on Stock. Quote path: quoted vs billed. Buy vs write-off: insurance vs NR.
What you type
Claims - open insurance claims in the window.
Lag days - average days from file to payout (or still open age).
$ per claim - filed amount per claim (or average).
Cash gap = claims x $ per claim. Chase payout or change the insurance rule when the gap is material - do not invent a lag chip.
What not to do
Do not invent lag days. Do not mix NR write-offs into open claim dollars. Do not treat quoted label cost as claim cash. Do not average every carrier when one owns the lag.
Related: Stock, quoted vs billed, insurance vs NR, split package fee.
Procedure
- Type open claims and lag days.
- Type filed $ per claim.
- Chase payout when cash gap is material.
Failure modes
- Inventing lag days.
- Mixing NR write-offs into open claim dollars.
- Treating quoted label cost as claim cash.
Worked example
None on this page yet. When one lands it will be a real case: what broke, the number, and what changed. Not a composite.
Glossary
- Insurance claim cash gap
- Open claims × filed $ per claim while payout lag days run.
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FAQ
- Is this quoted vs billed?
- Related ShipWorks job. [Quoted vs billed](/manuals/shipworks-quoted-vs-billed) is rate-shop vs invoice. This page is insurance claim payout lag cash gap.
- Is this insurance vs NR?
- Related fork. [Insurance vs NR](/manuals/carrier-insurance-vs-nr) is buy insurance vs write off. This page is open claims times filed $ while payout lags.
- What cash gap should I invent?
- None. Type open claims, average lag days, and filed $ per claim from the claim export.