Personal lines insurance is insurance that is offered to individuals and families rather than organizations and businesses. The most common types of personal line insurance are property and casualty insurance, which includes automobile, homeowner and renters insurance. The rates of insurance vary depending on geographic location and the level of risk that individuals have.
In the United States, some types of personal line insurance are required while others are strongly recommended. All citizens must have automobile insurance, which covers drivers when out on the road commuting to work, running errands and for other personal reasons. Homeowner insurance protects against damage to residences, and renters insurance protects against loss of personal assets to people renting apartments or homes.