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
The Wild West of Data Theft
Learn about cyber liability insurance in this entertaining video.
Did You Know This Fact About Winterizing Your Car?
Do you winterize your car? You should consider it.
Did You Know Your Insurance Claims Aren’t Secret?
When you make an insurance claim, it can stay on record for up to seven years. Here's why CLUE reports are important and how they affect your premiums.