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
Retiree Health Care Coverage Overseas
Retirees traveling abroad need to know that their health insurance travels with them.
Consider Keeping Your Life Insurance When You Retire
Reasons to retain your coverage into your retirement years.
Does Your Credit Score Affect Your Insurance Rates?
Your credit score may influence how much you pay for auto and home insurance.