Struggling to Keep Your Umbrella Insurance Policy Rates Competitive/Low?

If you’re finding it harder to keep your clients’ personal umbrella insurance rates down, you’re not alone, and you’re not doing anything wrong. Umbrella premiums are driven by one thing: risk. In today’s market, that risk is showing up in more places than ever.

So what makes an umbrella policy more expensive? Here are a few of the most common factors we see:

What Drives Up the Cost of an Umbrella Policy?

1. Youthful Drivers on the Policy
Especially if they have minor driving violations, youthful drivers raise the overall risk profile. Even one ticket can nudge the premium upward.

2. Recent Claims Activity
Any home or auto claims in the last three years, no matter how small, can be a factor in rating. It signals increased exposure and likelihood of future claims.

3. Recreational Vehicles and Watercraft
Clients who own boats, jet skis, motorcycles, or other recreational "toys" often want them included in umbrella coverage. That adds layers of risk that drive up costs.

These are all perfectly normal parts of life for many insureds, but they do mean their umbrella coverage might come at a higher price.

Where Monoline Comes In

At Monoline, we’re proud to offer a best-in-class personal umbrella product that’s competitive on price and backed by a team that genuinely cares about making your life easier.

We also offer industry-leading commissions for agents*, typically:

• 15% on new business
• 10% on renewals

*Commissions may vary based on our agreement with your agency.

And while rates matter, the experience matters more. Monoline stands apart from other carriers by putting agents at the center of everything we do.

What You Get with Monoline:

• A free, intuitive platform that makes quoting, binding, and renewals simple
• Real-time policy and agency management in one easy dashboard
• Always-get-a-human customer service from our full-time team members
• Dedicated underwriting support for those trickier risks
• Ongoing education and support, including live demos, a growing help center, FAQs, blog content, and our podcast
• Automatic renewals and secure client payment options

In short: your clients get excellent protection, and you get a true "Agent Ally" who’s as invested in your success as you are.

Whether your insureds come with a clean slate or a few higher-risk factors, a personal umbrella policy is still worth it. We’re here to help you find the right fit and the right price for your clients without compromising service.

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Further Reading:

• Is an Umbrella Policy a Waste of Money in 2025?
• What is Monoline Insurance and Why You Should Be Quoting It
• Why Personal Umbrella Insurance is Essential for Your Clients

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