What is a Loss?
Loss
[los]
noun
1.
A Loss is an injury or damage that is covered by an insurance Policy. Losses can be partial, like when wind damages part of a roof, or total, as when an automobile is "totaled" in a collision.
Related Content
What Deductible is Right for You?
Deductibles are tricky for some. Help make it simple with this article.
10 Most Common and Costly Small Business Claims
Here are the 10 most common claims against small businesses. Are you covered?
What is a Homeowners Insurance Policy?
Do you know what a Homeowners Insurance Policy is?