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
Protecting Your Home Against Flood Loss
Protect yourself against the damage that your homeowners policy doesn’t cover.
10 Most Common and Costly Small Business Claims
Here are the 10 most common claims against small businesses. Are you covered?
The 5 Roles Life Insurance Can Play in Retirement
Life insurance can support your retirement strategy with emergency cash, loan options, and added confidence.