Property & Casualty Insurance

Last updated: December 9, 2025 Recently updated

Property & Casualty Insurance Guide

Protection for your home, auto, and liability. Find comprehensive information to help you understand your options and make informed decisions.

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Property & Casualty Insurance Types

Explore the different types of property & casualty insurance available:

Homeowners Insurance - Coverage protecting your home, belongings, and liability as a homeowner
Renters Insurance - Coverage for personal belongings and liability for apartment or home renters
Auto Insurance - Coverage for your vehicle including liability, collision, and comprehensive
Umbrella Insurance - Extra liability coverage beyond your home and auto policy limits
Flood Insurance - Specialized coverage for flood damage not covered by standard policies
Earthquake Insurance - Coverage for damage caused by earthquakes and earth movement

Getting Married Checklist - Combining household coverage
Moving States Checklist - Updating home and auto when you relocate
Having a Baby Checklist - Home safety and coverage updates

Homeowners Insurance 101 - Complete beginner’s guide
Renters vs. Homeowners Insurance - Which one do you need?
Home Insurance Costs by State - State-by-state comparison
Auto Insurance Costs by State - What drivers pay across the US
Collision vs. Comprehensive Auto - Understanding the difference

Life Insurance - Financial protection for your family
Umbrella Insurance - Extra liability beyond home and auto limits
Business Insurance - Commercial property and liability coverage
Pet Insurance - Coverage for veterinary care

Official Resources

NAIC Consumer Resources (opens in new tab) - Insurance information from state regulators
Find Your State Insurance Department (opens in new tab) - File complaints, verify licenses, get local help
Insurance Information Institute (opens in new tab) - Independent research and educational content
FEMA Flood Map Service Center (opens in new tab) - Check flood zones for any property
Kelley Blue Book (opens in new tab) - Vehicle values for auto insurance decisions

Data Sources

Property and casualty insurance data in this guide come from NAIC (opens in new tab) , Insurance Information Institute (opens in new tab) , FEMA (opens in new tab) , and state insurance department filings. Learn more about our data collection methods on our Methodology page.

Frequently Asked Questions

What is property and casualty insurance?

Property and casualty (P&C) insurance protects your possessions and covers liability. Property insurance covers damage to your belongings (home, car, valuables). Casualty insurance covers your legal responsibility if you injure someone or damage their property. Most policies combine both.

What's the difference between actual cash value and replacement cost?

Actual cash value (ACV) pays what your property is worth today (replacement cost minus depreciation). Replacement cost pays what it costs to replace with a similar new item. Replacement cost coverage costs more but provides better protection, especially for older items.

What is a deductible and how should I choose one?

A deductible is what you pay out-of-pocket before insurance covers a claim. Higher deductibles mean lower premiums but more out-of-pocket costs when filing claims. Choose a deductible you can comfortably afford if you need to file a claim unexpectedly.

Property-Casualty by State

Property-Casualty requirements and costs vary significantly by state. Select your state for specific regulations, average premiums, and local resources.