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 Does an Umbrella Insurance Policy Work?
If you have a lot to lose, an Umbrella policy could be exactly what you need.
6 Tips to Help You Prepare for Natural Disasters
Disaster can strike at any time. These six tips can ensure you’re prepared when it does.
What is a Carrier?
Do you know what a Carrier is?