WHAT IS IT?
Personal lines insurance includes property and casualty insurance products that protect individuals from losses they couldn’t afford to cover on their own. These types of insurance lines make it possible to do things like drive a car and own a home without risking financial ruin. Personal lines insurance and commercial lines insurance each make up about half of the property and casualty insurance market.
BREAK IT DOWN FOR ME
Personal lines insurance includes products such as homeowners insurance, flood insurance, earthquake insurance, renters insurance, automobile insurance, life insurance, disability insurance, umbrella insurance and health insurance. These insurance products protect individuals and families against potentially crushing financial losses caused by fire, theft, natural disasters, death, accidents, lawsuits and illness.
Some types of personal insurance, such as auto liability insurance, are often required by law in most places in America. Required minimum levels of automobile liability insurance, for example, is common and can vary by jurisdiction. Other types of personal lines insurance, such as comprehensive and collision automobile insurance and homeowners insurance, can be required by lenders when property is collateral on a loan. The amount of insurance coverage you can get generally depends on how much an individual is willing to pay in premiums; the more someone is willing to pay, the more insurance they can obtain. Individuals can usually tailor each policy’s coverage and deductibles to strike the right balance between the amount of coverage and the cost of premiums. Premiums can also vary according to where you live.
HOW DO I GET COVERED?
This is where we come in! We have access to all of the top insurance carriers across the United States. Whether your situation fits the most ideal risks or you have been turned down, we can help.
Sometimes, individuals may be unable to purchase a policy for a particular situation because they pose too great of a risk to the insurance company. For example, someone with a history of cancer might not be able to purchase life insurance. Another example would be a homeowner who wants to buy flood insurance, but whose house is below the flood plain. In some cases, high-risk individuals can still purchase insurance, but they will have to pay above-average premiums to compensate the insurer for the extra risk. One common example of this is high-risk auto insurance for drivers, who've received multiple moving traffic violations over a short time or who've been at fault in multiple accidents over a short period of time. Whatever your situation is, our knowledgeable agents can find the solution.
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