RLI Corp. is now offering a reduced liability attachment point for its personal umbrella policy for Florida residents. Personal umbrella coverage is now available to customers whose primary residence is in Florida and who have a minimum homeowners liability limit of $100,000. This extended coverage is being offered because of recent changes in the personal liability insurance market in Florida. It is not available in other states.
For a flat fee, policyholders whose primary residence is in Florida may be eligible for the RLI personal umbrella policy even if they are unable to secure the standard $300,000 on their basic liability policy. This change is effective immediately for new applicants and will take effect November 1, 2012 for current policyholders (renewals). This new offering is also available through endorsement on current policies as of September 1, 2012. All other RLI personal umbrella policy provisions will remain the same.
RLI offers its personal umbrella product through a network of brokers, FAIA/IIABA relationships and partnerships with other insurance companies.