Social media, your kids and you
Social media has changed the way we live, work and communicate. While technology has made it easy for people to have their voices heard, it also has also created another challenging liability exposure. In 2005, only 7% of the U.S. population used one or more social networking sites. That figure has increased almost tenfold, to 65% in 2015. Of those living in the highest-income households, 78% use social media.1
Unfortunately, we don’t just have to worry about our own actions. Teenagers are becoming a growing concern for potential personal injury lawsuits, with 71% of teens, ages 13 to 17, using multiple social networking sites.2 As a parent, you can be held responsible for your child’s actions.
Children have a public forum to post anything they want, leaving you to deal with the legal consequences. More than one in five students report being bullied. The percentages of individuals who have experienced cyberbullying at some point in their lifetimes have nearly doubled from 18% in 2007 to 34% in 2016.3
Consider the following:
How Nationwide Private Client responds
These types of claims may not be covered by a standard homeowners insurance policy. Homeowners policies typically include some personal liability insurance, but only to cover bodily injury or property damage claims for which you are negligent.
For broader coverage, you also need personal injury coverage, which is included in Nationwide Private Client’s homeowners and excess policies.
Our uniquely crafted personal excess liability policy is designed to help protect your hard-earned assets and reputation by providing coverage for the following types of claims:
Why it’s important for you
With the growing use of social media, especially among children and teenagers, it’s important to be prepared. Even if the charges are unfounded, it can be expensive to defend yourself from a lawsuit. Our personal injury coverage will pay to defend a covered action brought against you. It has taken years to get where you are. Why let one wrong unintended comment or post put that in jeopardy? Get peace of mind with Nationwide Private Client.
Why Nationwide Private Client
Nationwide Private Client is dedicated to helping protect the assets and reputations of our clients. Our highly personalized insurance products, services and concierge-style claims management are thoughtfully designed to meet the distinctive needs of affluent individuals and families. We are committed to providing you a superior experience whenever you need assistance.
Nationwide Private Client offers these added benefits:
Read the Risk Solutions Series article, Cyber safety, at nationwide.com/solutionseries for tips to help minimize exposure to cyber risks.