The search for insurance seems to be never-ending. Between home, auto, and business insurance, the hunt can really take a toll on your wallet—and your sanity. However, if you want to protect against big financial losses then you will need another insurance: casualty insurance.
What Is Casualty Insurance?
In general terms, casualty insurance protects you against financial losses should an accident be your fault. Any time you are financially liable for someone else's injury, casualty insurance kicks in and covers you. It can also protect you against theft, negligence, and other situations.
What Does Casualty Insurance Cover?
Although casualty insurance covers a wide range of situations; however, it is most commonly used during auto accidents and negligence cases. It is also handy for those who rent properties.
Some examples of what casualty insurance cover include:
As you can see, casualty insurance helps to protect your financial well-being should you be held responsible for someone else's injury, as well as their pain and suffering. It can also help pay for your legal fees, should you need to go to court.
How to Get Casualty Insurance
If you are interested in obtaining casualty insurance, you can usually do so by purchasing it as an add-on from your insurance company. You can often purchase it alongside renters, home, and auto insurance policies.
In a big, scary world where anything can happen—and anything is possible—it is always a good idea to protect yourself. If you are interested in purchasing casualty insurance, talk to an insurance company (such as http://www.dki-ins.com) or a broker today.
Insurance is something that I carry in the hopes that it never has to be used. Along with life coverage, I also have low cost auto insurance and a health plan through my employer. I'm toying with the idea of adding some additional coverage, just in case something happens and I'm no longer around to take care of my family. The question that is on my mind is how much insurance is enough? Do I really need more, or would it be better to cultivate other assets that my loved ones can draw on if needed? If you are in the same boat, let's journey together for a while. Read on and I'll explain what I'm trying and why. Together, we can figure out when it is time to add more coverage and when enough really is enough.