Casualty insurance is a type of insurance that provides financial protection against losses resulting from accidents, injuries, or damage to property. It typically covers liability for injuries to others or damage to their property, ensuring that the policyholder can manage unexpected expenses. This insurance can include various forms, such as auto insurance, homeowners insurance, and workers' compensation. By having casualty insurance, individuals and businesses can safeguard themselves against potential legal claims and financial burdens that may arise from unforeseen events.