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
Prescription Drug Benefits Under Medicare (Part D)
Do you need to enroll in Medicare Part D? Read this article to learn more about whether you need this coverage
Flood Insurance: What Homeowners Need to Know
Even if you’re not living in a “high-risk” area, here’s why you may want to consider flood insurance to protect your home or business.
Did You Know Your Insurance Claims Aren’t Secret?
When you make an insurance claim, it can stay on record for up to seven years. Here's why CLUE reports are important and how they affect your premiums.