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 an Appraisal?
Do you know what an Appraisal is?
What is Exposure?
Do you know what Exposure is?
The Threat of Identity Theft
An article informing readers about the threats of Identity Theft.