Coverages Based on Customers' Needs

What Are the Types of Personal Insurance Policies?

Let's walk through the most common types of personal insurance policies. Remember, under an insurance policy, the insurer reimburses the insured for covered losses. For personal insurance policies, the insured is a person:

Homeowners

A homeowners policy provides coverage for both property and legal liability. The property portion of the policy gives people protection for when their homes and/or belongings are damaged (for example, by fire) or stolen. The liability portion provides coverage for situations such as the family dog biting a guest.