Submitted by alaa-199505 • April 11, 2020
tecblue.net
Casualty insurance is a broad category that is mostly comprised of liability coverages. It is the liability half of property/casualty insurance. Property insurance covers financial losses that result from damage or destruction of physical assets like buildings or furniture. Casualty insurance covers damages or settlements an insured is obligated to pay because of an accident that injured a third party.
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