Casualty insurance is a type of insurance that provides protection against loss or damage to property and liability for injuries or damages to others. It typically covers events such as accidents, theft, and natural disasters. This insurance helps individuals and businesses manage financial risks associated with unforeseen events. Common forms of casualty insurance include auto insurance, homeowners insurance, and general liability insurance. These policies can help cover costs related to repairs, legal fees, and medical expenses, ensuring that policyholders are financially protected in case of accidents or other incidents.