Rising loss costs have affected auto rates across the industry, and umbrella rates are facing similar trends. Many carriers are responding by restricting coverage, but Clayton Hanley continues to offer a true umbrella product with useful coverages like internet libel, personal defense and worldwide liability.

While COVID-19 may be driving a short-term decrease in miles driven, we expect miles and claims impacts to return to normal in the near future. Because umbrella claims tend to stretch over longer periods of time than other personal lines claims, it's important to consider long-term trends and data even in times of short-term fluctuation.