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 commonly offered together in various insurance policies to provide comprehensive coverage. Property insurance covers damage to possessions such as homes, cars, and other personal property, while casualty insurance provides liability coverage in case an individual is held responsible for causing injury or damage to another person or their property, often due to negligence. Common policies that bundle property and casualty insurance include homeowners, automobile, renters, landlord, condominium, and powersports insurance policies. These policies not only cover the cost of repairing or replacing property but also protect the insured by providing a legal defense against claims and covering settlements and court judgments for covered incidents. This may include medical expenses, pain and suffering, and lost wages for individuals injured as a result of the policyholder's negligence. Michigan state statutes and federal law regulate the provision of these insurance policies, ensuring they meet certain standards and that insurance providers operate within the legal framework designed to protect consumers.