Scranton Law Firm

Important Legal Terms

Additional Insured Arbitration Attorney Fees Bodily Injury Liability Cause Of Action Claim Collision Insurance Common Carrier Comparative Negligence Contingency Fee Contingency Free Deductible First Party Coverage Liability Insurance Limits Loss Medical Malpractice Meditation Motor Vehicle Record Negligence No Fault Protection Personal Injury Protection Premium Products Liability Property Damage Liability Statutes Of Limitations Strict Liability Tort Total Loss Umbrella Policy Underinsured Motorist Uninsured Motorist Vin Workers Compensation Wrongful Death

Need Help Now?

For a free and immediate case evaluation, contact us by phone or e-mail. We have representatives standing by 24/7! Get Help Now!

Important Legal Terms

Legal definitions and explanations on various topics related to personal injury claims and insurance issues.
Learn More...

Contact Us

Free Phone Consultations 1-800-400-8742 Call Anytime Days, Evenings, Weekends TOLL FREE

Loss

Loss is the basis for an insurance claim, such as damage to a vehicle. Insurance companies also use the term loss when referring to their payment of a legal liability on behalf of an insured person.