8 Personal Auto Insurance Predictions: What’s In and What’s Out?
As the market appears to be deteriorating, find out what’s in and what’s out in personal auto insurance in the year ahead.

As the market appears to be deteriorating, find out what’s in and what’s out in personal auto insurance in the year ahead.
Mortgage lenders are requiring agents to supply a replacement cost estimate (RCE) for refinance closings. Is this something the agents should be doing?
Rising economic and social inflation, supply chain constraints, catastrophic weather driving up losses, and historic cost increases for reinsurance has led to significant pressure on the property-casualty industry.
Can a general contractor with hired auto coverage hire a dump truck company and be protected in the event that the trucking company’s insurance was invalid or denied coverage?
Severe events, inflation and supply chain-related concerns coupled with the strain on digital tools has led to increased dissatisfaction among homeowner clients.
Agents can help clients understand that spring isn’t just a time to prepare their home for the season ahead, it’s also a time to check for damage done during the winter months before it becomes an insurance claim.
At one agency, personal lines agents are putting liability coverage on an ACORD 27 – Evidence of Property Insurance form and the account managers are adding it as a coverage.
Today, agents are under more pressure than ever to make profitable risk submissions to underwriters, despite unpredictable weather patterns making property proposals more difficult to predict.
There are opportunities for agents to bring solutions to the vast numbers of Americans who are worried about saving for retirement, rising living costs and managing debt.
State Farm’s record underwriting loss was due to rapidly increasing claims severity and significant additions to prior accident year incurred claims.