insurance

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Last updated 11:34 PM on 6/7/25
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https://quizlet.com/1052286444/property-and-casualty-insurance-flash-cards/?i=lrr4m&x=1jqY

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What is Property Insurance?

Covers damages or losses to your property. This includes your home, personal belongings, and other assets.

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What is Casualty Insurance?

Also known as liability insurance, it protects you financially if you're legally responsible for injuries or damages to others.

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What does Property Insurance typically cover?

Typically covers damages from fire, wind, hail, vandalism, and theft. Specific coverage depends on the policy.

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What types of incidents are covered by Casualty Insurance?

Covers incidents such as car accidents, slip-and-fall injuries on your property, and damages caused by your pets.

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