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Property & casualty insurance is an insurance industry term for companies to define the type of products they provide and what category among insurance company they are. This diferintiates these corporations from either life assurance, re-insurance, & health insurance underwriter. Principally these corporations treat sustaining auto insurance, home owners insurance, and business abode coverage.
Casualty insurance insures against accidents, not necessarily attached to any specific property.
Property insurance provides protection against risks to property, such as fire, theft or weather damage.
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