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 Fire Extinguishers?
How often should you check your fire extinguishers? Do you know?
How Stocks Work
Understanding how a stock works is key to understanding your investments.
5 Costly Mistakes In Your Life Insurance Policy
Make sure your family understands these life insurance mistakes and how to avoid them.