Secured Benefits Group

What is Property & Casualty?

 

This insurance helps protect you against financial losses that come as a result of being held legally liable for an accident that causes damage to another person or another person's bbelongings. This kind of insurance comes in handy with auto, homeowners, landlord, and even renters insurance.

 

What can this cover?

 

If you're involved in a car accident and you're found to be at fault, the casualty insurance often pays for the repair or replacement of the other person's car, in addition to any medical bills if that person suffers physical injury. It also generally extends to any additional damage done to the other person's personal belongings. The same holds true for damages that someone suffers in an accident while on your property.  

 

To name a few options your coverage may cover:

 

• Medical bills

• Pain and Suffering 

• Loss of wages

• Legal fees

 

Determining if you need property casualty insurance is pretty easy. If you have assets—a retirement account, financial investments or a home in which you have equity—then having property casualty insurance may be a good idea for you. Without it, you could be putting your assets at risk.

 

In a world where anything is possible, tragedy can strike at any time, and you need to prepared for anything.  Luckily for you, we can help!