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
What is a Deductible?
Do you know what a Deductible is?
Did You Know This Fact About Dryer Lint?
Dryer lint is extremely flammable, and should be cleaned regularly
Flood Insurance: What Homeowners Need to Know
Even if you’re not living in a “high-risk” area, here’s why you may want to consider flood insurance to protect your home or business.