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
A Lawsuit That Doesn't Come From a Customer
Employee lawsuits are some of the most expensive claims a business can face. Here's the coverage built for that.
The Value of Insuring Against Life’s Risks
Building wealth requires protection from the forces of wealth destruction.
What is an Appraisal?
Do you know what an Appraisal is?