Your Clients Need Personal Umbrellas in Winter
Print this Article | Send to Colleague
Did you know that over 70% of the nation's roads are located in snowy regions, and that nearly 70% of the U.S. population lives in those regions? This is according to the Federal Highway Administration, which also reports that 24% of weather-related vehicle crashes occur on snowy, slushy or icy pavement, causing over 1,300 deaths and 116,000 injuries each year.
Those are some high percentages, which is why you should educate your customers about the benefits of an RLI Personal Umbrella Policy.
Your customers' existing auto insurance may not be enough to cover the fallout from accidents, including potential medical expenses and catastrophic lawsuits stemming from uninsured/underinsured motorists.
A personal umbrella policy will substantially increase your overall liability protection beyond the basic coverage provided under both your auto and homeowners insurance policies. Consider the following real-life scenario involving an insured and an uninsured motorist:
Situation: The insured was driving on an icy road when an uninsured driver slid out of control and struck the insured's car at high speed. The insured was airlifted from the accident scene to a hospital. He sustained spinal injuries and other complications as a result of the accident.
Outcome: Because the insured elected to purchase Excess Uninsured/Underinsured Motorists coverage on his RLI Personal Umbrella Policy, and had purchased the required minimum limit of primary uninsured/underinsured coverage on his auto policy, the insured was paid the full $1 million Excess Uninsured/Underinsured Motorists policy limit in addition to his primary coverage for an accident that was not his fault.
Make sure your customers aren't left out in the cold when they hit the road. Talk to them about how an RLI Personal Umbrella policy can help protect them when winter weather strikes.
Learn more about RLI's Personal Umbrella Exposures then visit our personal umbrella page at www.independentagent.com/RLI or contact IIAV today at members@iiav.com or (804)747-9300
