What is property and casualty insurance?(P&C insurance)
What is property and casualty insurance?(P&C insurance)
Property insurance and casualty insurance (also known as P&C insurance) are types of coverage that help protect you and the property you own.
Property insurance helps cover stuff you own like your home or your car.
Casualty insurance means that the policy includes liability coverage to help protect you if you're found legally responsible for an accident that causes injuries to another person or damage to another person's belongings.
Property and casualty insurance are typically bundled together into one insurance policy. For example:
Car insurance
Condo insurance
Renters insurance
Power sports insurance
Landlord insurance