Constructive loss
Black's Law Dictionary · Henry Campbell Black, M.A. · 1910
Black's Law Dictionary
One resulting from such injuries to the property, without its destruction, as render it valueless to the assured or prevent its restoration to the original condition except at a cost exceeding its value.
— Direct loss by fire. one resulting immediately and proximately from the fire, and not remotely from some of the consequences or effects of the fire. Insurance Co. v. Leader, 121 Ga. 260, 48 S. E. 974; Ermentrout v. Insurance Co., 63 Minn. 305, 65 N. W. 635, 30 In R. A. 346, 56 Am. St. Rep. 481; California Ins. Co. v. Union Compress Co., 133 U. S. 387, 10 Sup. Ct. 365, 33 L. Ed. 730,
Defined under Loss in Black's Law Dictionary.