Property and Casualty (P&C) Insurance

Property and Casualty (P&C) insurance is a broad category of insurance that protects individuals and businesses against financial loss due to damage to property and legal liability. It covers physical assets (like homes, cars, and business properties) and provides liability coverage for legal claims arising from injuries or damages caused to others.

This type of P&C insurance is designed for individuals and families. It includes:

1. Homeowners Insurance – Covers damage to a home and its contents due to events like fire, theft, or natural disasters.
2. Auto Insurance – Covers vehicle damage and liability for injuries or damages caused in accidents.
3. Renters Insurance – Protects personal belongings within a rented property and provides liability coverage.
4. Personal Umbrella Insurance – Provides additional liability coverage beyond home and auto policies.

Commercial Property and Casualty Insurance

This is for businesses and organizations, covering commercial assets and liabilities. It includes:

1. Commercial Property Insurance – Protects business buildings, equipment, and inventory from damages like fire or theft.
2. General Liability Insurance – Covers legal claims for bodily injury, property damage, and advertising-related lawsuits.
3. Workers’ Compensation Insurance – Provides coverage for employee injuries sustained at work.
4. Business Interruption Insurance – Covers lost income if business operations are disrupted by disasters.
5. Commercial Auto Insurance – Covers vehicles used for business purposes.