Our team at Innovative Insurance Group has extensive experience in the insurance industry, and we are here to help you navigate this system to find the coverage you need. There are many types of insurance, including many highly situational varieties you may never even learn about. In this article, we will focus on a type of policy known as casualty insurance, going over what it covers and when it applies.
- What Does Casualty Insurance Cover? Casualty insurance is a broad category which includes coverage for loss or damage of property as well as for liability. In other words, it pays out when your property is stolen or damaged, and it covers costs associated with liability, such as personal injuries which may occur on your property. This term is also used to refer to a variety of other policies, including aviation insurance and workers’ compensation.
- Who Needs Casualty Insurance? Anyone can invest in casualty insurance coverage. You can buy it for yourself as an individual, for your business as an employer, or for your business as a whole. Just about everyone can benefit from the protection this type of insurance provides, so if you are interested in learning more, we encourage you to reach out to our team.
- Are There Exceptions to Casualty Insurance? As with other types of insurance, casualty insurance policies frequently come with exceptions, meaning there are situations where the coverage will not apply. Our team can help you compare casualty insurance policies to determine which provides the most comprehensive coverage.