Loss incurred due to direct damage to property, as opposed to time element or other indirect losses. Also used sometimes by captives to identify losses under policies directly insured by the captive [..]

Loss of, or damage to, the primary subject of the insurance agreement which is the immediate result of a hazard insured against.

Definition Damage that directly occurs as a result of a particular hazard; for example, flood damage.

see loss

Damage to covered real or personal property caused by a covered peril.

Damage or loss directly due to a particular event or peril.

Damage or loss caused directly by a particular peril.

Financial loss that results directly from an insured peril.

a financial loss that results from the physical damage, destruction, or theft of the property

A loss that is a direct consequence of a particular peril. Fire damage to a refrigerator would be a direct loss. Spoiling of food in the refrigerator as a result of the fire damage would be an indirec [..]

A loss which is a direct consequence of a particular peril. Fire damage to a refrigerator would be a direct loss. Spoiling of food in the refrigerator as a result of the fire damage would be an indire [..]

A loss where an insured peril is the proximate cause. If a windstorm blows the roof off a home, the windstorm is the insured peril causing the direct loss or damage.

A loss, which is a direct consequence of a particular peril. Fire damage to a refrigerator would be a direct loss. Spoiling of food in the refrigerator as a result of the fire damage would be an indir [..]

Financial loss that results directly from an insured peril.

A loss where an insured peril is the proximate cause. If a windstorm blows the roof off a home, the windstorm is the insured peril causing the direct loss or damage.