All Lines Insurance
What Does All Lines Insurance Mean?
All-lines insurance may refer to:
- A policy that consolidates multiple risks, which could otherwise require separate policies, and is offered to clients to discourage them from purchasing additional coverage from other companies.
- An insurance company that provides all possible lines of insurance, including both personal and commercial coverage.
Insuranceopedia Explains All Lines Insurance
There are various types of insurance available. Some insurance companies specialize in a single type, such as life insurance. However, others offer a broad range of products, covering both personal lines (e.g., life, disability, personal liability, home) and commercial lines (e.g., commercial property, commercial liability). The latter type of company is often referred to as an all-lines insurance company or a multiple-line insurer.
Additionally, there are policies that bundle several risks, which could otherwise be covered by separate policies. For example, a single policy that includes health, homeowner, and automobile coverage is known as an all-lines policy or a multi-line insurance policy. Such comprehensive policies often come with a discount.
