Personal lines simply mean insurance that is designed for personal use. Insurance companies sell these policies to individuals, as opposed to companies, to reimburse them for losses or damage to their possessions or to protect them from liability.
Auto insurance and homeowners insurance are two common types of personal lines insurance. Auto insurance usually covers you for damage to your vehicle and liabilities you might incur through accidents. It may also cover certain medical expenses. Homeowners insurance offers coverage for a number of unexpected events or perils that can damage a house, including fire and theft as well as liabilities you might incur for individuals injured on your property. AIB offers full Risk Management and Consultancy Services in all the principal risk areas. These areas are as follows: