An indirect loss is similar to a direct loss except that it does not result directly from an insured peril. This could be losses that are harder to quantify, or side effects/after effects of a direct loss. A common example of an indirect loss would be rental car coverage. If your vehcile is damaged in a car crash, the physical damage is a direct loss, and as a result of that direct loss, you lose access to the vehicle for a period of time.