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 Night Safety?
Follow this tip to increase your children's visibility at night.
Did You Know This Fact About Older Vehicles?
Did you know you have coverage options on older vehicles?
What Determines Car Insurance Rates?
Learn about the factors used to create car insurance quotes in this educational article.