Much like the homes and vehicles it protects, the personal lines insurance marketplace will continue to evolve — but even as technological advances threaten to radically transform the industry over time, personal lines will continue to play a major role in P&C insurance and generate a large share of premiums, at least for the foreseeable future.

And yes, that future includes independent agents, who maintain a strong presence in the Personal Auto arena despite reports over the years inaccurately predicting their demise.

Insurance Information Institute President Robert Hartwig notes that Homeowners' and Personal Auto insurance account for almost 50% of all industry premiums today. Auto alone makes up 37% of the grand total.