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?
Countdown to College
Preparing for college means setting goals, staying focused, and tackling a few key milestones along the way.
Should You Have More Than One Life Policy?
Whether you need more than one life insurance policy will depend on your personal and financial situation. In this article, we explore some of the reasons one might purchase additional policies.