Which types of insurance may personal lines agents sell?

Which types of insurance may personal lines agents sell?

• A. Commercial auto and health insurance
• B. Personal auto, home, flood, and personal umbrella
• C. Workers compensation and general liability
• D. Solely homeowners insurance

Answer: (B)

Personal lines agents specialize in selling insurance products that protect individuals and their personal property, rather than business-related insurance. The correct choice identifies a range of insurance types typically found within the personal lines category. Personal auto insurance protects individuals against financial loss due to vehicle accidents, home insurance covers residential property, flood insurance safeguards against water damage from floods, and personal umbrella insurance provides an additional layer of liability coverage beyond standard policies. Each of these is designed for personal risk management, making them suitable for personal lines agents to sell. In contrast, the other options consist of commercial or business-related insurance products, such as workers compensation, general liability, and commercial auto insurance, which are not part of the personal lines focus. Solely selling homeowners insurance also limits the variety of coverages that personal lines agents typically offer, as they encompass a broader range of personal insurance types, including the ones mentioned in the correct answer.

Personal lines agents specialize in selling insurance products that protect individuals and their personal property, rather than business-related insurance. The correct choice identifies a range of insurance types typically found within the personal lines category. Personal auto insurance protects individuals against financial loss due to vehicle accidents, home insurance covers residential property, flood insurance safeguards against water damage from floods, and personal umbrella insurance provides an additional layer of liability coverage beyond standard policies. Each of these is designed for personal risk management, making them suitable for personal lines agents to sell.

In contrast, the other options consist of commercial or business-related insurance products, such as workers compensation, general liability, and commercial auto insurance, which are not part of the personal lines focus. Solely selling homeowners insurance also limits the variety of coverages that personal lines agents typically offer, as they encompass a broader range of personal insurance types, including the ones mentioned in the correct answer.