Why Your Customers Who Rent Need a Personal Umbrella Policy

In addition to your homeowning customers, remember to include renters when touting the benefits of an RLI Personal Umbrella Policy.

More U.S. households are currently renters than at any point since 1965. For many, the benefits include no maintenance costs or repair bills, no real estate taxes, no down payments and more flexibility as to where they can live.

Renters are an often-overlooked demographic simply because they do not own their home and therefore don’t carry homeowners insurance. But renters have many of the same risks as homeowners, which is why it’s important to talk to your rental customers about an RLI Personal Umbrella Policy.

An RLI Personal Umbrella Policy increases overall liability coverage beyond customers’ homeowners and auto insurance policies.

For example, if your child’s friend spends the night and falls off a bunk bed, injuring himself severely, a personal umbrella policy can cover claims larger than what the customer’s renters insurance can handle.

RLI Insurance Company is rated A+ (Superior) by AM Best – and obtaining a quote is easy!

With an easy online quoting system, no vehicle or property lists required and available limits up to $5 million ($1 million in NM), an RLI Personal Umbrella Policy is a smart source of protection for your customers, whether they own or rent. Learn more about RLI’s Personal Umbrella Exposures.

For more information, visit www.independentagent.com/rli or find your RLI state administrator.