Which Scenario Best Describes Purchasing Casualty Insurance? Casualty insurance is a type of insurance that protects you from financial losses caused by accidents or other unforeseen events. It can cover a wide range of situations, including car accidents, slip and fall injuries, and even medical malpractice. There are many different types of casualty insurance available, so it's important to choose the right one for your needs. Here are a few common scenarios that might prompt you to purchase casualty insurance: You're a driver. If you own a car, you're required to have liability insurance. This type of insurance covers the cost of damages you cause to other people's property or injuries you cause to other people. You own a home. Homeowners insurance typically includes liability coverage, as well as coverage for damage to your home and its contents. You have a business. Business owners can purchase a variety of casualty insurance poli...