1. UNDERWRITING THE INSURED

2. WHY?

3. Loss Control

4. a. Fraud c. StupidITy clause
b. Morale Hazard
c. StupidITy clause

5. HOW?

6. Claims History

7. 1. Claims History
2. Condition of property
3. CCAP/credit reports

8. claims history
1. How many
2. Type of losses

9. Condition of the Property

10. 2. Housekeeping of the premises
1. Maintenance of the Buildings
2. Housekeeping of the premises

11. Credit Reports/CCAP

12. 1. Foreclosure/Bankruptcy 2. Responsibility activity
TYPE OF ACTIVITY
1. Foreclosure/Bankruptcy
2. Responsibility activity
3. Criminal activity

14. UNDERWRITING FROM THE APPLICATION

15. WHAT PURPOSE DOES THE APPLICATION PROVIDE

16. To provide necessary information about the risk

17. 1. PROPERTY DETAILS a. Coverage desired b. physical characteristics
c. prior loss information
D. BINDING ACCEPTABILITY

18. 3. ENDORSEMENTS SELECTED
COVERAGE DESIRED
1. VALUES ACCEPTABLE
2. OUTBUILDINGS COVERED
3. ENDORSEMENTS SELECTED
4. INLAND MARINE DESIRED

19. 4. WHERE IS THE PROPERTY LOCATED
PHYSICAL CHARACTERISTICS
1. HOW OLD IS THE PROPERTY
2. UPDATES DONE TO THE PROpERTY
3. TYPE OF MECHANICALS
4. WHERE IS THE PROPERTY LOCATED
5. SPECIAL FEATURES

20. PRIOR LOSS INFORMATION 1. PRIOR DAMAGE TO PROPERTY
2. WHAT TYPE OF DAMAGE
3. WHEN DID DAMAGE OCCUR

21. 1. do all the property details meet the companies binding guidelines?
Binding acceptability
1. do all the property details meet the companies binding guidelines?

22. D. BINDING ACCEPTABILITY
2. INSURED INFORMATION
A. LENGTH OF TIME AT PROPERTY
B. PRIOR CLAIMS ACTIVITY
C. LIFESTYLE
D. BINDING ACCEPTABILITY

23. 1. provides insight to property updates, maintenance and housekeeping
Length of time at property

24. 2. responsibility claims
Prior claims activity
1. liability claims
2. responsibility claims
3. claims at prior residences

25. 3. business exposures on property
LIFESTYLE
1. type of pets
2. types of rec vehicles,
WATERCRAFT, ETC
3. business exposures on property

26. Binding acceptability
1. does all the insured information provided meet the company guidelines?

27. QUESTIONS??

28. Thank you!