FNOL
Business & Finance abbreviation · Insurance
| Stands for | First notice of loss |
|---|---|
| Categories | Business & Finance |
FNOL stands for First notice of loss, an insurance abbreviation.
Initial report to an insurer that a loss has happened, such as a car accident, burst pipe or theft, which starts the claims process. It records basic facts such as date, place, people involved and damage.
Example: You can file FNOL through the app with photos of the damage.
Usage notes
Most policies require prompt notice, and late reporting can jeopardize a claim. Insurers invest heavily in digital FNOL to speed up claims handling.
Related abbreviations
More insurance abbreviations
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- E&S – Excess and surplus lines
- EL – Employers' liability insurance
- EOI – Evidence of insurance
- EPLI – Employment practices liability insurance
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- FPI – Force-placed insurance
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- GAP – Guaranteed asset protection
- GL – General liability insurance
- GUL – Guaranteed universal life
- GWP – Gross written premium