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
A Deep Dive Into Deductibles
Your deductible does more than lower your premium. Here's what it's actually telling you about your coverage.
Estate Management Checklist
Is your estate in order? This short quiz may help you assess your overall strategy.
Keep Your Business (Insurance) Running
Get insurance that keeps your business in business.