Actual loss defined as loss from real and substantial destruction of insured property, clarifying insurance loss scope. Actual loss denotes a loss arising from the real and substantial destruction of the insured property; only losses grounded in actual physical or economic ... Summary
Actual loss defined as loss from real and substantial destruction of insured property, clarifying insurance loss scope.
Actual loss denotes a loss arising from the real and substantial destruction of the insured property; only losses grounded in actual physical or economic destruction qualify.
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