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
Just Married? A Guide to Combining Your Insurance
If you just recently married, then it may be time to take another look at your insurance policies to see where you can save money.
Insurance Needs Assessment: For Empty Nesters and Retirees
Do your insurance needs stay the same when the nest empties?
What is a Claim?
Do you know what a Claim is?