It is important to understand that Casualty Insurance is mainly used to describe the liability coverage of an individual or organization’s for negligent acts or omissions. It insures against accidents, not necessarily tied to any specific property. Crime insurance is a form of casualty insurance that covers the policyholder against losses arising from the criminal acts of third parties. For example, a company can obtain crime insurance to cover losses arising from theft or embezzlement. Political risk insurance is a form of casualty insurance that can be taken out by businesses with operations in countries in which there is a risk that revolution or other political conditions will result in a loss.
Property insurance provides protection against risks to property, such as fire, theft or weather damage. This includes specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance, inland marine insurance or boiler insurance.
At Golden & Cohen, we provide the following:
Property & Casualty: Automobile, Bonds, Crime, Directors and Officers, Employment Practices Liability, Electronic Data Processing, Fiduciary Liability, General Liability, Homeowners, Inland and Ocean Marine, Internet Liability, Property, Professional Liability, Workers Compensation
Liability Insurance: Workers Compensation, Commercial General Liability, Business Automobile, Umbrella Liability, Employee Benefit Liability, Fiduciary Liability, Professional Liability, Directors and Officers, Other Risk Exposures
Property Insurance: Business Interruption, Computer Equipment & Peripherals, Valuable Papers and Records, Property Floaters, Accounts Receivable, Transit-Off Premises Property, Building Equipment & Machinery, Other Risk Exposures
Crime Insurance: Commercial Blanket Bond, Money & Securities, Depositor’s Forgery, Other Risk Exposures
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