RLI personal umbrella rate changes take effect April 1

RLI has received approval for a modest rate increase on its Personal Umbrella Policy. The new rates, as well as other rating changes, take affect April 1 for new business and June 1 for renewal business.

Changes include:

• A 5-percent increase on excess uninsured and underinsured rates. For example, a household paying $150 per driver will now pay $158 per driver.
• An increase in the incident surcharge for drivers under 22 years old and over 80 years old from $100 per incident to $200 per incident. In addition, Question 14 on the new business application will be split into 14a and 14b in RLI's portal.
• For new business, removal of the $100 surcharge for households with a driver who has been licensed less than one year, has a permit, or has an international license (Question 13). A response greater than zero will still place the risk in the personal umbrella policy special tier and restrict coverage to $1 million.
• A surcharge increase for households with a youthful or inexperienced operator.

The updated rates will be available when quoting within the RLI portal.​