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 Michigan, property and casualty insurance (P&C insurance) are types of coverage that protect individuals and property against loss and liability. Property insurance covers damage to or loss of the policyholder's property, which can include homes, cars, and personal belongings. Casualty insurance, on the other hand, provides liability coverage to protect the policyholder if they are found legally responsible for causing injury to another person or damage to their property, often due to negligence. These insurances are commonly combined in policies such as homeowners, auto, renters, landlord, condo, and powersports insurance. Michigan law requires certain types of P&C insurance; for example, drivers must carry no-fault automobile insurance, which includes both property protection insurance and personal injury protection. The Michigan Department of Insurance and Financial Services (DIFS) regulates the insurance industry in the state, ensuring that insurance policies comply with state laws and that the rights of policyholders are protected. It's important for policyholders to understand the terms and coverage limits of their P&C insurance policies, as these will determine the extent of protection and defense against claims, as well as the payment of settlements and court judgments.