Save up to 70% on Insurance!

Direct Loss or Damage Definition

Direct Loss or Damage is caused by a certain hazard. An example would be damages caused by fire to a stove.

Home Insurance Articles

• Total Loss
• Total Annual Loan Cost
• Adhesion Insurance Contract
• Additional Living Expense Loss
• Ad Valorem
• Accelerated Depreciation
• Replacement Cost
• Peril
• Non Recourse Mortgage
• Named Perils

More Insurance Articles >>

Home Insurance Resources

• Home Insurance Definitions
• Home Insurance Q&A