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
How Insurance Deductibles Work
Knowing how insurance deductibles work can help you save money and give you peace of mind.
4 Tips to Avoid an Insurance Claim This Winter
As winter continues on, there are a few things you can do to prepare for and prevent a costly insurance claim.
Did You Know This Fact About Fire Extinguishers?
How often should you check your fire extinguishers? Do you know?