Phrases with «insured losses»

"Insured losses" refers to financial damages or losses that are covered or protected by an insurance policy. Essentially, it means that when an unfortunate event occurs, such as a car accident or a natural disaster like a fire or flood, the insurance company will provide financial compensation to help cover the costs of repair or replacement. Full definition

Sentences with «insured losses»

  • Initial estimates put the value of insured losses in the tens of millions of dollars. (soundcloud.com)
  • It was also the insurance industry's most expensive year on record for natural disasters, with total insured losses of $ 105 billion. (dotearth.blogs.nytimes.com)
  • Instead, in the instance of fire, storm damage, or other insured loss, a landlord's policy only protects the building itself. (encharter.com)
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