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
The Best of Both Worlds
Here are a few reasons we’ve chosen to be independent.
How to Read Your Credit Report
Solve a mystery while learning how important your credit report is with this story-driven interactive.
When is the Right Time to Buy Life Insurance?
It's never too early to start thinking about life insurance. Waiting until you're older or in poor health is never a good idea.