Helping Clients Understand the Real Cost of Distracted Driving
Every second a driver glances at their phone, they could be one verdict away from a life-altering personal liability claim.
In today’s legal environment, distracted driving can escalate quickly from a minor accident to a multi-million-dollar claim. This is especially true when high speeds, injuries, or wrongful death are involved. These situations are becoming more common, and jury verdicts are often far beyond what a standard auto policy can cover.
This shift is having a major impact on the personal umbrella market.
Carriers are responding with:
- Reduced umbrella capacity, especially in high-litigation states like California and Florida
- Higher underlying auto liability requirements
- More restrictions for youthful drivers and households with prior incidents
Recent rate filings highlight the trend:
- RLI recently filed for a 20 percent increase in California
- Safeco saw a 75 percent increase approved in the same state
- Industry-wide, 10 to 20 percent increases are becoming standard
At Monoline, we believe education is one of your most powerful tools. That’s why we’ve created a brochure you can use to help clients understand the real risks of distracted driving. It explains in plain language why umbrella coverage is essential protection that helps safeguard a client’s future from unexpected legal fallout.
Help your clients think beyond fender benders and focus on the bigger picture. With more litigation, larger settlements, and shrinking carrier flexibility, there is less room for error than ever before.
We’re grateful for the work you do and proud to support you. As the world of personal liability evolves, we’ll keep building tools that make your job easier and your advice even more valuable.
