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 to Appeal Your Property Taxes
For homeowners who think their property taxes are too high, there are ways to appeal.
How Long Can Your Business Stay Out of Business?
No business wants to flip that “Closed” sign for long, but there’s coverage for that.
How to File a Wildfire Claim
Here’s what you need to know when filing a wildfire insurance claim.