Property and Casualty 101

Property and casualty insurance

Take Home Thoughts:

  1. Premiums depend on a variety of factors – most notably the type of business you are in, where it is located, and your record of previous claims.

  2. Minimize claims by implementing loss control programs and/or assuming more risk through higher deductibles – for example, opt for a higher deductible on fire damage if you install fire alarms and highly effective fire protection/suppression systems.

  3. Reduce risk by proactively limiting exposure – for example, keep workplace floors and walkways in good condition to avoid the likelihood of personal injury from slips and falls.

Next: Useful P&C links

The information contained in this website represents the products and services available through one of the business groups of Automatic Data Processing Insurance Agency, Inc. (ADPIA). ADPIA services mid and large size clients with various insurance products and services through its other business groups.

All insurance products will be offered and sold only through Automatic Data Processing Insurance Agency, Inc., its licensed agents or its licensed insurance partners, 1 ADP Blvd., Roseland, NJ 07068. CA license # 0D04044. Licensed in 50 states. Automatic Data Processing Insurance Agency, Inc. is an affiliate of ADP, LLC. Certain services may not be available in all states. Certain services are provided through the carrier partners and an additional carrier fee may apply. ADP and the ADP Logo are registered trademarks of ADP, LLC. Copyright © 2016 ADP, LLC.