What does it mean when I see ‘personal lines insurance’?

Personal lines insurance refers to a type of insurance that is designed to protect individuals and their personal assets, as opposed to business-related assets. This type of insurance is typically sold through agents or brokers and can include coverage for things like auto, home, and personal liability. Examples of personal lines insurance include:

• Auto insurance: coverage for personal vehicles, including liability, collision, and comprehensive coverage.
• Homeowners insurance: coverage for personal homes, including dwelling coverage, personal property coverage, and liability coverage.
• Renters insurance: coverage for personal belongings in a rented apartment or home.
• Personal liability insurance: coverage for personal liability claims, such as lawsuits resulting from an injury or property damage caused by the policyholder.
• Personal umbrella insurance: additional liability coverage above and beyond the limits of other personal lines insurance policies.

Overall, personal lines insurance is meant to protect individuals and their personal assets from unexpected events or accidents, and can provide peace of mind knowing that they are financially protected in case of an unfortunate event.