What are 'personal lines' in the context of insurance?

The term 'personal lines' in the context of insurance refers to insurance products that are designed to meet the needs of individual consumers rather than businesses. These products typically provide coverage for personal properties and personal liabilities, including homeowners insurance, auto insurance, and renters insurance. By focusing on individual needs, personal lines policies cater specifically to the risks associated with personal life and assets.

In contrast, the other options refer to types of coverage that do not fall under the category of personal lines. Insurance policies that cover businesses are classified as commercial lines, which are tailored to address the specific risks faced by businesses, such as liability, property damage, and loss of income. Policies dealing with commercial risks focus on the unique needs of enterprises, rather than individuals. Similarly, insurance designed for government entities caters to specific exposures faced by public agencies, which is distinctly different from the personal coverage provided under personal lines.