Frequently Asked Questions

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.

What is commercial P&C Insurance? Property and casualty insurance is a category of small business insurance that includes policies that are designed to protect business from a wide range of accidents, threats and losses regarding belongings and environments.

Combining personal lines insurance and commercial insurance can provide you with coverage for general liability and property insurance. Property and casualty insurance protects you and your business. Property insurance covers damages to assets while casualty insurance protects you from claims arising from liabilities.

Casualty insurance includes vehicle insurance, liability insurance, and theft insurance. ... In addition to auto and liability insurance, casualty insurance is an umbrella term traditionally used to describe many other types of insurance, including aviation, workers' compensation, and surety bonds.

Property and casualty underwriters specialize in either commercial or personal insurance and then by type of risk insured, such as fire, homeowners', automobile, or marine. ... For business insurance, the underwriter should be able to evaluate the firm's entire operation in appraising its application for insurance.

Types of P&C insurance are homeowners insurance, condo insurance, co-op insurance, HO4 insurance, liability insurance, pet insurance, and car insurance. P&C insurance does not include other types of insurance coverage such as life insurance, health insurance, and fire insurance.