Personal Lines Insurance

Personal lines insurance concerns all insurance that a personal individual might have.   Personal lines insurance excludes commercial exposures.

Typical personal lines insurance would include:

  • Homeowners / Renters Insurance
  • Auto Insurance
  • Umbrella Insurance
  • Motorcycle / RV / ATV / Boat Insurance
  • Personal liability Policies, Other than Personal Umbrella
  • Other Personal Insurance

Often times when we are shopping for life insurance, personal lines insurance can be connected because of home/auto discounts.  Sometimes personal lines is connected because a trust may be involved or perhaps because you can buy your life insurance policy through your home and auto insurance agent.

Some forms of personal lines insurance occasionally can have a very small amount of accident / life insurance built into the policy.  Please read your own policy to determine this.

Insurance for personal lines will cover you and potentially your spouse.  In may also cover your children assuming they live in your home and are under a certain age limit.  Depending on the insurer they may need to be listed on the policy / application / or at least be notified.

As a general rule of thumb, personal insurance excludes almost all commercial or business coverage from the policy.  There are exceptions to this.  However, you would need to get that in writing from your home or auto insurer.  In general once you drive an auto for commercial purposes to make, say deliveries or use your home to conduct a business meeting, there is no coverage.

American Heritage Life Insurance Company

Written by Scott W Johnson

The American Heritage Life Insurance Company is an A+ rated insurer that is part of the Allstate Group of Companies offering a wide variety of products. Their AM Best A+ and Policyholder Surplus XV make them a strong candidate for consumers that are already using Allstate for Home and Auto Insurance. But should you buy your term insurance policy through them?

Annual Premium

Written by Scott W Johnson

What is an Annual Premium? Sometimes also called an Annualized premium, it is a mode of payment for various forms of insurance, including life insurance. There exists differences with the modes of premium payments allowed with different types of insurance, such as business insurance and personal property insurance. In the world of life insurance, the annual and monthly payment modes are typically the most popular option.

Benefits of Life Insurance

Written by Scott W Johnson

There are so many benefits to life insurance. Whole life, Term Life, Universal Life = they all have numerous benefits. These benefits are broken down by individual characteristics and uses.

Life Insurance Trust

Written by Scott W Johnson

All about Life Insurance TrustsTheir Types, Kinds, & FormsA Best Use of a Life Insurance Trust4 Most Common Types used with Insurance(& what to be on the lookout for)Quick NavigationA Life Insurance TrustA Revocable Living TrustAn Irrevocable Living TrustRevocable Vs Irrevocable Definitions:An Irrevocable Life Insurance TrustA Special Needs TrustWhat is Probate?What to Watch out for.. More