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 the Value of Your Business?
Ascertaining the value of your business is important for a variety of reasons.
6 Reasons Millennials Should Buy Life Insurance
Life insurance is more than a savings account for your loved ones. Learn the ins and outs of this valuable financial asset and see why it is important no matter your age.
How Liability Coverage Protects Your Business
Protect your business by understanding the importance of liability insurance and how coverage works.