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 ABC’s of Auto Insurance
What kind of auto insurance should you have? Do you know?
What to Ask When Getting an Insurance Quote
Obtaining an insurance quote is something that everyone will likely have to do. But do you know what to ask for yours?
Why Do You Need Auto Liability Insurance?
What is Auto Liability? Discover how important this coverage really is.