Any type of loss the insurer will pay for under a policy. This can include death, injury, property damage or loss, or automobile collision.
Related information about covered loss:
- What is covered loss? - BusinessDictionary.com
Definition of covered loss: Types of accidents, losses, or situations for which an insurance policy will pay compensation. Also called covered peril.
- What the Heck is an Ensuing Loss?
The Plaintiff claimed that because water damage was a covered loss, under the " efficient proximate cause" rule, the resulting mold from the introduction of water ...
- What is covered loss? definition and meaning - InvestorWords.com
Definition of covered loss: Any type of loss the insurer will pay for under a policy. This can include death, injury, property damage or loss, or automobile collision.
- LOSS OF USE COVERAGE
Additional Living Expense - If a covered loss results in the residence premises being unfit to live in, the insurer will cover any necessary increase in living ...
- Homeowners Insurance Coverage Explained - Travelers
The purpose of homeowners insurance is to cover the cost of restoring your home and possessions after a covered loss to the same condition they were in ...
- "Loss of Business Income"
... Income that would have been earned may include rental value if you own the building and the rental units are uninhabitable due to a covered loss and if rental ...
- Auto Insurance Terms Explained - Insurance Definitions
Covered loss: Any damage to yourself, your vehicle, or other people or property that is ... Deductible: The portion of a covered loss for which you are responsible, ...
- Insurance Terms
Rental reimbursement pays the cost of renting a substitute auto for replacement of any covered auto that has suffered a covered loss. The daily and maximum ...