P&C insurance: A beginners guide to property & casualty insurance - Nancy Roberts Realty LLC

P&C insurance: A beginners guide to property & casualty insurance

by Nancy Roberts Realty LLC 02/05/2023

House keychain

The world of insurance can be confusing. There are so many policies to choose from - among the myriad options you’re certain to encounter what’s known as property and casualty insurance, or P and C insurance. Understanding this type of insurance is crucial to making smart decisions in choosing your coverage.

How does P&C insurance work?

P&C insurance offers financial coverage to your personal belongings. This includes your home, car and the contents of your home. It can also include personal liability coverage.

What are the main types of P&C insurance?

Some of the most common types of P&C insurance include:

Homeowners insurance: Offers policies to homeowners. Coverage options include personal belongings, home structure and liability insurance.
Renters insurance: This insurance provides financial security for personal belongings owned by renters.
Car insurance: This insurance offers financial compensation when a car is involved in an accident.

What does P&C insurance include?

P&C insurance includes coverages to your belongings when perils strike. For example, if someone breaks into your home and steals your laptop, property insurance would pay for a replacement.

However, if you have a health issue, P&C insurance wouldn’t cover medical bills. This would be under the purview of your health insurance policy.

Do a survey of your belongings to know what might need coverage. Once you have this information, you get a better idea of the insurance types best suited for you.

Homeowners Insurance

Personal Liability Coverage

Based on information submitted to the MLS GRID as of 12/23/2024 11:13 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any Approved by the Canopy MLS Board of Directors March 29, 2018 43 content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to [email protected].

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.