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
If a Tree Falls
This handy video helps you stay prepared in case a fallen tree has damaged your house.
What is Underwriting?
Do you know what Underwriting is?
Saving for College 101
Here’s a crash course on saving for college.