In motor insurance, the total cost of repairs to make good the damage to the vehicle
In motor insurance, the total cost of repairs to make good the damage to the vehicle
An event that results in an Insured loss. In some lines of insurance, such as Liability, it is distinguished from accident in that the loss does not have to be sudden and fortuitous and can result from continuous or repeated exposure which results in bodily injury or property damage neither expected nor intended by the Insured.


