California, United States of America
The following excerpt is from Sarkisyan v. Newport Ins. Co., B230612 (Cal. App. 2011):
The Policy in this case covers "a physical loss" to the insured property. The Policy does not define the word "loss," though it describes "property damage" as "physical injury to, destruction of, or loss of use of tangible property." A "loss" in connection with insurance means injury, destruction or damage to property that gives rise to liability on the part of the insurer. (Jarrett v. Allstate Ins. Co. (1962) 209 Cal.App.2d 804, 811.)
The above passage should not be considered legal advice. Reliable answers to complex legal questions require comprehensive research memos. To learn more visit www.alexi.com.