In legal contexts, “casualty” typically refers to a loss or damage resulting from an unforeseen event or accident. It commonly arises in insurance and tort law, where it may refer to injuries, death, or property damage caused by events such as accidents, natural disasters, or acts of violence.
Casualty may also refer to a category of insurance coverage designed to provide financial protection against losses resulting from such events. Casualty insurance typically covers liabilities arising from bodily injury, property damage, or legal claims filed against the insured party.
In tort law, the concept of casualty is relevant in determining liability and damages in cases involving personal injury or property damage. The party responsible for causing the casualty may be held liable for compensating the injured party for their losses, including medical expenses, lost income, pain and suffering, and property damage.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 29th March, 2024.
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