First-party insurance is a type of insurance that provides compensation directly to the insured individual or business. It covers losses or damages to the policyholders property or themselves. The policyholder can be an individual or group of individuals, a corporation, or people in a certain class. Some common types of first-party claims may include health insurance, disability insurance, property insurance, and auto insurance. With a first-party insurance claim, the policyholder can make a claim directly against their own insurance company, and what they can recover is defined by the terms outlined in the contract.