Product Update

Personal Umbrella and Endorsement Analysis, Cancellation Updates, Peer-to-Peer Home Sharing and More in PRMI


This release to Personal Risk Management and Insurance (PRMI) updates the personal umbrella discussion, including the analysis and comparison of the latest version of the following nine forms.

  • Allstate Indemnity Company's Personal Umbrella Policy
  • American Association of Insurance Services' (AAIS) Personal Umbrella Liability Coverage
  • Chubb Group's Masterpiece Excess Liability Coverage
  • Farmers Insurance Exchange's Special Personal Umbrella Policy
  • Insurance Services Office, Inc.'s (ISO), Personal Umbrella Liability Policy
  • Markel Insurance Company Personal Umbrella Liability Policy
  • Nationwide Mutual Insurance Company's Personal Excess Liability Policy
  • Safeco Insurance Company's Your Personal Umbrella Policy
  • State Farm's Personal Liability Umbrella Policy

The analysis also covers key personal umbrella endorsements along with important aspects of personal umbrella rating and underwriting.

This release also updates the ISO homeowners and personal auto cancellation pages, the ISO countrywide rules for its homeowners program, and the discussion of peer-to-peer home sharing. In addition, it expands and revises the "homes transferred to a trust" discussion. Lastly, it updates the Mississippi and Ohio UM/UIM state pages and the Michigan no-fault state page.