casualty insurance

American  

noun

1. insurance providing coverage against accident and property damages, as automobile, theft, liability, and explosion insurance, but not including life insurance, fire insurance, or marine insurance.

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Etymology

Origin of casualty insurance

First recorded in 1900–05

Example Sentences

Asset management and property and casualty insurance were also likely tailwinds, the analysts add.

From The Wall Street Journal • Mar. 25, 2026

If you have been following property and casualty insurance in the past few years…

From Barron's • Jan. 23, 2026

The bulletin also applies to other types of property and casualty insurance.

From Los Angeles Times • Aug. 10, 2024

It expanded in Canada with the launch of a new property and casualty insurance unit last year.

From Reuters • Jun. 8, 2023

On observation balloons, in time of war, no casualty insurance is available at any rate of premium.

From Paths of Glory Impressions of War Written at and Near the Front by Cobb, Irvin S. (Irvin Shrewsbury)