What Explains Why Property Casualty Insurance Is Sometimes Called Property

Multiple Choice

What explains why property casualty insurance is sometimes called property and liability insurance?

A) because the policy takes away any responsibility the policyholder might have if his or her own property is damaged
B) because the policy protects the policyholder if someone else damages his or her property
C) because the policy covers the policyholder's liabilities and assets
D) because the policy protects the policyholder from faulty products
E) because the policy includes coverage for damage to other people or property