What Is the Difference Between Personal Lines and Commercial Lines

Personal lines, as the term suggests, includes coverages for individuals- vehicles and household insurance. Commercial lines, that accounts for almost half of U.S. property/casualty insurance premium, includes the many kinds of insurance products designed for businesses.

What is the difference between commercial lines and personal lines insurance?

A personal car insurance policy is designed to cover your individual needs while commercial car insurance coverage is customized to accommodate all types of business activities based on your industry.

What is a commercial line?

Commercial Lines — insurance lines used to cover commercial risks as opposed to personal lines, which cover personal risks. Examples include commercial general liability (CGL), workers compensation, and commercial property insurance.