P & C insurance is a type of insurance that provides coverage for your assets, such as your home, car, and personal belongings, as well as liability coverage when you’re legally responsible for damages to someone else’s property or another person’s injuries.
EXAMPLE:
- Homeowners Insurance: protects your home and personal belongings from damage or loss due to natural disasters, theft, or other covered events.
- Auto Insurance: Provides coverage for your car in case of an accident, theft, or other covered events.