Foremost Insurance Company

Carrier appetite summary

Operational view based on public producer materials; detailed eligibility, rating tiers, and moratoriums are accessible only in the ForemostSTAR / Agent360 / ARS underwriting tools and program guides. PREFERRED / TARGET BUSINESS - Home / dwelling: Standard and near‑standard personal residential risks through Foremost Signature Home and Foremost Choice Property programs; appetite includes owner‑occupied homes plus many non‑standard segments such as mobile/manufactured homes, vacant dwellings, landlords, seasonal homes, rentals and short‑term rentals. Foremost markets itself as a single‑source provider across these segments for agents. - Boat / watercraft: Marine Choice program is positioned as broad‑appetite personal boats and PWC. Foremost states that over 95% of registered boats nationally are acceptable for the program, highlighting strong appetite for typical runabouts, pontoons, personal watercraft, and standard pleasure craft. - Specialty property: Manufactured/mobile homes, tiny homes, student housing, rental and vacant condos, and vacation/short‑term rentals are specific focus areas, indicating a willingness to write risks many standard carriers avoid. RESTRICTED / DECLINED (INFERRED FROM POSITIONING) - Foremost does not publish a public negative-risk list; specific prohibitions (e.g., certain coastal CAT exposures, high‑performance or commercial boats, unusual occupancies) are handled via internal underwriting rules and state availability charts in the producer portal. - Marketing notes that not all products and coverages are available in all areas for both property and marine; this implies geographic or hazard‑based restrictions (e.g., some coastal or high‑CAT counties, certain states or territories) and product‑by‑state eligibility that must be confirmed in ForemostSTAR/Agent360 before binding. GEOGRAPHIC NOTES - Foremost writes on a multi‑state basis. Public producer pages emphasize that product availability is by state and that not all options are available in all areas for both Marine Choice and property products. - Boat/watercraft: a specific “Casualty product availability by state” reference is provided and must be consulted in ForemostSTAR/producer tools when you are validating whether the marine program is active and what forms are available in a given state. BOAT / WATERCRAFT – PRACTICAL UNDERWRITING POINTS - Program: Marine Choice for boats and Personal Watercraft. - Appetite: Foremost states that more than 95% of registered boats nationwide fit the Marine Choice program, suggesting broad eligibility for personal‑use, pleasure craft including pontoons, runabouts, many fishing boats, and standard PWCs. - Packages: Three main package levels (Saver, Plus, Elite) plus specialized packages for Personal Watercraft, Pontoons, Classic boats, and Performance boats. Higher packages are suitable for better‑quality, well‑maintained boats seeking broader coverage and options like total‑loss replacement. - Key coverages highlighted as selling points (indicators of target risks): • Total Loss Replacement Cost for the watercraft, with additional payment up to 20% above the Amount of Insurance if the replacement cost exceeds the insured amount after a covered total loss. • Replacement Cost Personal Property on board, without depreciation and without separate sub‑limits for typical boating personal property such as fishing equipment, subject to a low deductible (advertised $100 for this coverage on the agent page). - Discounts / preferred risk signals: Paid‑in‑Full, Prior Insurance, Loss‑Free Renewal, Lay‑Up periods, Insured Age 55+, Safety Course completion, Multi‑unit, Protective Devices, Affinity, Multi‑policy, and Alliance discounts. Customers who qualify for multiple discounts (good loss history, boating safety course, protective equipment, relationship discounts) represent ideal, rate‑advantaged submissions. - Submission and forms: For marine business, Foremost directs agents to log in to ForemostSTAR and use Supply Source for forms, blank applications, and program guides, and to utilize the state‑by‑state casualty availability chart before quoting or binding. HOME / PROPERTY – PRACTICAL UNDERWRITING POINTS - Program overview: Foremost positions itself as a single‑source provider for a broad property portfolio—Homeowners (standard), Mobile Home, Vacant Home, Landlord, Seasonal Home, Rental/Vacant Condo, Vacation & Short‑Term Rental, Student Housing, Tiny Houses, Flood. This signals an appetite for many non‑traditional occupancies, older dwellings, and off‑standard occupancies that may be out‑of‑appetite at standard preferred carriers. - Signature Home: In multi‑product reference and marketing materials (accessible when logged in), Signature Home is described as a premier‑level coverage option typically suited to better‑quality risks, often with options for bundling with Signature Auto; broad underwriting is noted, including acceptance of homes titled to trusts or LLCs and no hard cut‑off based solely on age of dwelling. This suggests the preferred tier targets well‑maintained, higher‑value, or package‑eligible homes, but actual age/roof and protection‑class rules must be checked in the program guide. - Specialty dwellings (vacant, landlord, seasonal, short‑term rental, student housing, tiny houses): These are marketed as distinct products, meaning they have their own occupancy, condition, and prior‑loss rules inside ForemostSTAR; they are intended for risks where a standard HO carrier may be unwilling to write. Agents should treat these as go‑to options for non‑owner‑occupied or intermittently occupied properties, subject to local guidelines. SUBMISSION & PROCESS EXPECTATIONS (AGENT) - Platform access: • Agents place and manage specialty and marine business through ForemostSTAR; the Boat page explicitly tells agents to “Book Specialty Business” and obtain forms and program guides via ForemostSTAR’s Supply Source. • Signature Home and other packaged personal lines are supported through Agent360 and the Agent Resource Site (ARS), all accessible via the Foremost Agent Portal. - Program guides / underwriting detail: The public site tells agents that underwriting guides and blank applications are in the producer portals. For underwriting approval, you are expected to: • Use the appropriate program guide for the line (e.g., Marine, Specialty Property, Signature Home). • Follow state‑specific availability charts and binding authority rules posted there, especially for CAT‑exposed or moratorium‑prone regions. - Contact and escalation: Underwriting and policy‑level assistance is handled through the Foremost Signature/Choice support lines and territory managers; agents are directed to use the Territory Manager lookup for regional contacts and to call the listed underwriting support number for questions on eligibility, binding, and exceptions. BROKER / PRODUCER NOTES - Appointment required: Foremost business is written through appointed agents and agencies; new producers must use the "Get Appointed" workflow on ForemostAgent.com before accessing systems or receiving commission. - Systems: All quoting, binding, and document generation must be done in the appropriate platform (ForemostSTAR for specialty/marine, Agent360/ARS for Signature lines). Paper apps and manual submissions—where still allowed—must follow the forms and instructions in Supply Source; otherwise, online entry is expected. - Compliance: Agents must confirm product and coverage availability by state and adhere to internal underwriting rules; the public pages emphasize that not all products, coverages, or discounts are available in all areas, signaling that producers are responsible for verifying eligibility and moratoriums in the portal before promising coverage to insureds. Because Foremost restricts full underwriting and risk‑selection rules to its secure producer systems, always validate eligibility, binding moratoriums, CAT‑zone limitations, and any prohibited classes in the current program guide and state availability grids before quoting or binding.

Referenced source pages