Property and Casualty Insurance

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Property and Casualty Insurance
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• The main difference between auto insurance and
  property and casualty insurance is that auto
  insurance merely covers vehicles, together with
  injuries and damages involving a vehicle. On the
  other hand, property and casualty insurance
  covers all types of property, from cars, homes,
  businesses and commercial buildings. It as well
  covers liability that may result from injuries or
  damages withstood on a policyholder's property or
  from the actions of an employee.
• AXIS Capital, a group of companies with branch
  offices in Bermuda, Australia, Canada, Europe,
  Latin America, Singapore and the United States
  provides you a better understanding of what
  Property and Casualty Insurance is. The company
  also service SE Asian countries such as KL
  Malaysia, Bangkok Thailand, Jakarta Indonesia and
  many more.

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 What Property and Casualty Insurance Covers

• Property and casualty insurance, similarly known
  as property casualty insurance and property
  liability insurance, covers businesses, homes and
  vehicles. In overall, the property factor of this
  insurance safeguards property against loss,
  counting loss of its income-generation
  capabilities. Coverage likewise comprises
  property restoration and replacement. The
  casualty component of this insurance protects the
  policyholder against lawful liability for
  injuries to a person or property. For an
  instance, a warning, if a person is hurt on your
  property because of your negligence, your
  property and casualty insurance would recompense
  for the person's injuries and any legal costs
  that may be caused by the incident. Insurance
  companies can often adapt property and casualty
  insurance to the requests of the policyholder.
  Always review your insurance coverage.

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Property and Casualty Insurance Covers More

• Dissimilar to auto insurance, property and
  casualty insurance is not limited to
  compensations from automobile-related events
  alone. Property insurance can cover everything
  from satellite dishes, signs and fences,
  landscaping, valuable papers and records, tools
  and other people's property in your care and
  control. Also, covered events that instigate
  property damage can consist of fire, theft,
  vandalism, riot, snow, windstorm, hail, water
  damage, falling objects, explosion, smoke,
  lightning and sinkholes. Casualty insurance
  covers complaints and lawsuits arising from the
  policyholder's, or their employees, negligence,
  damage to property of another or causing bodily
  injury. Casualty insurance characteristically
  doesn't cover liability resulting from out of
  such things as sexual harassment, race and gender
  discrimination or wrongful termination.
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