The Difference between Personal Lines and Commercial Insurance

difference between Personal Lines and Commercial Insurance

There are two different types of insurances people should be aware of; personal lines insurance and commercial insurance. Each of these insurances offers different things depending on why you need it. But what are the differences between them? Which one is best for your personal business?

What are Personal Lines and Commercial Insurance?

Personal Lines

This insurance will include property and injury of products that will protect a person from serious losses that they cover on their own. These types of insurance will make it possible to do things like driving and owning a house without having to worry about the type of risks.

This will cover losses that result in death, injury, or even loss of property. For instance, this will protect people and their families.  Which couldn’t afford the cost of insurance. This is to protect the employees if they aren’t financially stable.

Commercial Insurance

Business is more complex but covers more, but more flexible and covers insurance types of product liability insurance, public liability insurance, employers liability insurance, and professional liability insurance. This is better for companies that are businesses that will run multiple things.

Why Personal Lines Don’t Work for Businesses

Personal Lines and Commercial InsurancePersonal lines insurance is for one person rather than a whole entire company. but, if a person has a business. This has to be done for every employee or they have to do it for themself. Regardless, who does the insurance?  because it’s very difficult but only protects the individual that has been insured not the company. Commercial insurance is more tailored for a business than personal because you can select what type of liability insurance you want.

Commercial Insurance Companies Should Opt-In for

There are different policies within commercial insurance that are beneficial for companies to have. These are:

[Public liability insurance]

This is one that covers legal cost & compensation payments. regardless, your business will be held responsible for injury or property or damage to the client or another public member.

[Product liability insurance]

An integral part of a business insurance policy.  For instance,  the supply of goods to third parties or manufacturing. The products will have protected by law. Therefore, it doesn’t always have to make products but import them.

[Employer’s liability insurance]

If your company employs people to work for you, it doesn’t matter if it’s temporary, voluntary, or permanent. To attain employer liability insurance. This has various policy types available in order for legal requirements. However, this will protect you from being liable. An employee is injured or your property has damage then this insurance is for you.

[Professional liability insurance]

This type of insurance provides helps protect professional advice. The service provides individuals & companies from bearing the full cost of defending against a negligence claim made by a client.

How we can help!

At Trevellyan Insurance Brokers, we want to help businesses not be at fault, insuring with us today can help you keep you secure and safe in your hands. We will make sure that you are covered & insured.

As brokers, we can help you find a policy that is at the best price.

We can offer you a quote that is suitable for you and right for your business.

Contact us today on 0207 537 6603 or leave us an email at

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