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
Did You Know This Fact About Roof Safety?
A roof harness is essential if you're up on the roof making repairs.
Did You Know This Fact About Basement Flooding?
A simple precaution can help prevent basement flooding.
Mastering Mobile Lingo
Do you understand these common mobile slang terms?