Question

What is the difference between property and casualty insurance?

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6th May 2010 by Gary B

The difference between property and casualty insurance is property insurance protects a business or people with an economic interest in the property from the loss of the property itself, or its ability to produce income.

Casualty insurance on the other hand protects against legal liability for injury or losses to the property of others or the people themselves.

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This answer is the subjective opinion of the writer and not of FinancialAdvisory.com



10th Nov 2009 In Insurance 1 Answers | 5037 Views

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