Auto insurance policies have different coverages that apply to different situations. All policies must have a form of liability insurance that includes property damage. If your property is damaged by another driver, their policy will cover it. ...
Property damage liability is one-half of theliability insuranceon your auto policy. While bodily injury liability insurance covers medical bills for injuries you cause, property damage liability deals with repair costs. When you cause property damage in a crash, you’ll exchange insurance information...
Property damage is damage to the property of a business or to the property of a third party. Learn more about how it's covered by business insurance.
Property and casualty (P&C) insurance are often bundled together to protect your assets and you when you’re legally liable for someone else’s injuries or property damage. You’ll find property and casualty insurance under numerous types of insurance, such as homeowners, auto, and renters insura...
Part of what is generally referred to as liability coverage, property damage liability insurance pays for damage you cause to another person’s property in an at-fault accident.
If a guest is injured on your property, personal liability coverage can handle their medical bills and your legal expenses. It also covers costs if you’re found responsible for damage to another person’s property. Auto insurance Auto insurance protects against damage to your vehicle and covers...
Learn about different types of property and casualty insurance and how they could protect you in the event of damage to your home, car, business, or valuables.
Coverages:Commoncoveragesinclude bodily injury, property damage, medical payments, uninsured motorist, collision, and comprehensive. Deductibles:Some coverages have a deductible, which is the amount you’ll pay before your auto insurance kicks in. ...
What is property and casualty insurance? Property and casualty insurance is insurance coverage that protects your property and pays for damage you may cause to someone else or their property. Basically, property and casualty insurance helps you protect your assets, including any physical property you...
Adjuster: An adjuster is a person who investigates and settles claims. Once you submit a claim, the adjuster will determine if the insurance provider will cover it or not. Appraisal: An appraisal is when an adjuster estimates a vehicle’s value, a property’s value, or the damage from an...