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
Insuring Your Business Against Cyber Liability
90% of small businesses in the U.S. don't protect their data from cyber attacks. Is your business at risk?
To Buy or Not to Buy
The decision whether to buy or rent a home may have long-term implications.
5 Factors That May Impact Your Car Insurance Rate
While there are many factors that could affect your car insurance rates, these five you’ll want to keep at the top of your mind.