Property insurance and casualty insurance (also known as P&C insurance) are two broad categories of insurance coverage that are included in various insurance policies. In other words, there is no one P&C insurance policy—rather, there are a number of insurance policies that contain both property insurance and casualty insurance.

Property insurance insures against damage to your property—such as your home or your car. Casualty insurance insures against liability if someone claims you are responsible for causing bodily injury to them or their property—often based on your alleged negligence.

Property and casualty insurance are generally bundled together in one insurance policy such as:

• a homeowners insurance policy

• an automobile insurance policy

• a renters insurance policy

• landlord insurance

• condominium (condo) insurance

• powersports insurance (motorcycles, ATVs, RVs, off-road vehicles, boats)

Property and casualty insurance will defend you against such claims and pay settlements and court judgments against you that are covered by your insurance policy—including medical expenses, pain and suffering, and lost income for a person injured by your negligence.

In Florida, property and casualty insurance (P&C insurance) are regulated by the Florida Department of Financial Services and the Office of Insurance Regulation. Property insurance covers damage to physical property like homes, cars, and other personal belongings, while casualty insurance provides liability coverage for injuries or damages to third parties for which the insured may be responsible. These types of insurance are often combined in policies such as homeowners, auto, renters, landlord, condo, and powersports insurance. These policies provide legal defense and can cover settlements, court judgments, medical expenses, and other liabilities arising from covered incidents. Florida law requires certain minimum levels of insurance coverage, such as Personal Injury Protection (PIP) and Property Damage Liability (PDL) for auto insurance. Insurers in Florida must comply with state regulations regarding policy terms, premium rates, and claims handling. Consumers have the right to receive clear information about their coverage and to appeal decisions made by insurers. It's important for policyholders to understand the specifics of their coverage, including exclusions and limits, to ensure adequate protection.