Ultimate Net Loss


Definition of "Ultimate net loss"

Myra Eagle real estate agent
Myra Eagle eXp Realty

Insurer's total payments resulting from a claim, including all related expenses, less any recoveries from salvage, reinsurance, and the exercise of subrogation rights or other rights against third parties.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

Popular Real Estate Terms

Popular Real Estate FAQ