Personal lines insurance refers to Property and Casualty insurance for an individual as opposed to a business. Property and Casualty insurance products help protect you and me from potential losses that we could not afford to cover on our own; and make it possible to drive a car and own a home without risking financial ruin. Personal lines insurance include products such as homeowners insurance, renters insurance, automobile insurance, umbrella insurance just to name a few. These products protect individuals and families against potentially crushing financial losses caused by fire, theft, natural disasters, accidents and lawsuits.
Some types of personal insurance, such as automobile liability insurance, are required by law. Others, such as comprehensive and collision automobile insurance and homeowners insurance are required by lenders when property is used as loan collateral. Personal lines won’t cover every risk we face, but they can dramatically reduce the dollar amount of potential losses.
Here at Tusker, we can tailor each policy’s coverage and deductibles to strike the right balance between the amount of coverage and the cost of premiums; thus offering you the best coverage at the best rate.