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 South Carolina, property and casualty insurance (P&C insurance) is regulated by the South Carolina Department of Insurance. P&C insurance encompasses a variety of policies that provide coverage for property damage and liability for bodily injury or property damage to others. Homeowners, automobile, renters, landlord, condominium, and powersports insurance policies are common forms of P&C insurance that bundle property and liability coverage. These policies protect insured individuals from financial losses due to damage to their property and provide defense and coverage for claims of negligence resulting in injury or damage to someone else's property. Insurers in South Carolina must comply with state statutes and regulations, which dictate the terms of coverage, policy requirements, and consumer protections. Policyholders are encouraged to understand the specifics of their coverage, including exclusions and limits, and to ensure they have adequate protection for their assets and potential liabilities.