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.

Share |

Have A Question About This Topic?

Related Contents

The Other Sure Thing

Though we don’t like to think about it, all of us will make an exit sometime. Are you prepared?

What is Dwelling Coverage?

Do you know what Dwelling Coverage is?

Protecting Those Who Matter Most

The importance of life insurance, how it works, and how much coverage you need.