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
What is a Producer?
Do you know what a Producer is?
An Overview of Renter’s Insurance
Don’t overlook the need for renter’s insurance if you rent your home.
6 Reasons Millennials Should Buy Life Insurance
Life insurance is more than a savings account for your loved ones. Learn the ins and outs of this valuable financial asset and see why it is important no matter your age.