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 are found legally responsible for an accident that causes injuries to another person or damage to another person’s belongings.
The Property portion of Property and Casualty (P&C) insurance refers to coverage for personal belongings and property if they are damaged or stolen. Most property is covered against things like theft, vandalism, fire, and weather.