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
General Liability for Online & Etsy Sellers
Learn why General Liability insurance helps protect your online business from common liability risks. Share this info.
The Business Cycle
Understanding the economy's cycles can help put current business conditions in better perspective.
Did You Know This Fact About Claims Advances?
If a fire forces you out of your home, you can ask for a claim advance.