The immediate consequence of the action of an insured peril. A fire-damaged structure is a "direct loss" by fire. In contrast, see Consequential loss.
Loss of, or damage to, the primary subject of the insurance agreement which is the immediate result of a hazard insured against. It is frequently very difficult-to determine whether a loss is direct or consequential.
Loss which is a direct result of a peril. Also includes loss due to efforts to end the peril or to unavoidable exposure following a peril.
A financial loss that is a direct result of an insured peril (such as fire). After firefighters controlled the blaze at Erik Mohr and Tania Janthur's house, they began tossing damaged stuff onto the couple's front lawn MORE: Erik and Tania's story
A loss resulting directly from the peril insured. Opposed to consequential and time element losses.
Financial loss resulting directly from a loss to property.
A “direct loss” arises when insured property or goods are damaged or lost. The term does not include other losses or expenses incurred as an indirect result of the damage, such as having to rent a video camera if your own is destroyed by fire shortly before you leave on a vacation trip.
Financial loss in damages that results directly from an insured peril.
A loss that results directly from a peril such as fire.
Causes of loss that produce direct and straightforward property damage (without interruption in time or deviation in space) from the cause of the event to the damaged property.
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 indirect loss. Contrast with Indirect Loss and Consequential Loss.
This is a damage or loss resulting as a direct consequence of an insured peril. For example, a computer lost in a fire is a direct loss; the data destroyed inside the computer is considered an indirect loss.
Damage or destruction of insured property from a cause of loss that is covered by an insurance policy, such as damage caused by fire. next letter
Any financial loss that results directly from an insured peril.
Financial loss that is a direct result of a loss sustained from a covered peril.