Property and Casualty Insurance
Property and Casualty Insurance (P&C) is a type of insurance that protects individuals and businesses from financial losses related to their property and liabilities. Property insurance covers damage to physical assets like homes, cars, and personal belongings caused by events such as fires, theft, or storms. Casualty insurance protects against legal liabilities for injuries or damages to others, like in car accidents or accidents on your property. Together, P&C insurance helps safeguard your financial stability by covering losses, repairs, and legal costs, ensuring you can recover from unexpected events without significant financial hardship.
Additional Insights
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Property and casualty insurance (P&C) is a type of insurance that protects individuals and businesses from financial losses related to property damage and legal liability. Property insurance covers physical assets like homes, cars, and personal belongings against risks such as fire, theft, or natural disasters. Casualty insurance, on the other hand, provides liability coverage, protecting against lawsuits or claims resulting from accidents or injuries involving the insured. Together, P&C insurance helps safeguard your assets and offers financial security in the event of unforeseen incidents.