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Two broad areas covered by both homeowners and personal auto policies are personal property and liability. These policies are built to protect your possessions and to shield you from financial loss when you’re responsible for harm to others. Personal property refers to the items you own—contents in a home or, in auto, the vehicle and its belongings—while liability covers the financial risk of injuries or damage you may cause to other people or their property. Medical expenses and life insurance aren’t the universal cross-line categories shared by both types; medical payments or PIP exist in auto policies but aren’t a primary, common category with homeowners, and life insurance isn’t part of standard homeowners or auto coverages. That's why personal property and liability is the best fit.