human
What do I need to know about the different types of insurance available?
assistant
You should understand the differences between liability, property, and casualty insurance. Liability covers legal claims against you, while property insurance covers damage or loss to your property. Casualty insurance covers losses due to fire, theft, vandalism, windstorms, and other disasters. Each type of insurance has its own set of requirements and benefits, so it's important to compare them before deciding which one is right for you.