Anchor Property & Casualty Insurance Company
Carrier website links, underwriting access points, mapped product lines, and appetite notes in one place.
This appetite summary is only a guide. Confirm eligibility, submission requirements, restrictions, and binding authority directly with the carrier or underwriter before relying on it.
Carrier appetite summary
Anchor Property & Casualty Insurance Company historically wrote Florida personal residential property (primarily homeowners) with a clear emphasis on well-maintained, pride‑of‑ownership risks. The current public documentation is an older Florida Homeowners manual; operationally, agents should also note that Anchor’s Florida book and brand have been restructured, with policies replaced by HCI’s Homeowners Choice entity and the carrier later rebranded under Patriot Select P&C. In practice, new Florida placements follow current guidelines of the successor program rather than this legacy manual, but the Anchor manual still shows the original target profile and binding rules. Preferred business / target risk profile (legacy Anchor manual) - Owner‑occupied 1–4 family dwellings in good condition, demonstrating pride of ownership and superior maintenance. Risks must meet all listed underwriting criteria before an agent may bind coverage. - Standard construction, well‑maintained roofs and systems, no prior serious losses, and no material hazards or unrepaired damage. - Tenants Homeowner (HO‑4) risks where contents and improvements/betterments are properly valued. Manual references HO‑4 form with replacement cost on improvements and ACV on contents. Restricted / ineligible risks (high‑level themes from manual) - Any risk that fails to meet manual eligibility is ineligible to be bound by the agent; such risks must not be bound and are effectively declined unless an underwriter agrees otherwise. - Additional pages of the manual (beyond the excerpt) set specific prohibitions by occupancy, condition, protection class, prior loss history, and certain roof or construction characteristics. Agents are instructed to consult an Anchor underwriter when any guideline is in question and not to exceed listed binding authority. Geographic notes - Program is written specifically for Florida personal residential property. Detailed territorial or county‑level restrictions, sinkhole/wind guidelines, distance‑to‑coast limits, and catastrophe‑exposure rules are addressed in the full manual and associated rate/territory pages, and must be followed exactly for any remaining legacy business. - By order of the Florida Office of Insurance Regulation in 2020, Anchor’s active Florida homeowners policies were replaced by Homeowners Choice Property & Casualty (HCI Group) policies; Anchor subsequently ceased writing new business and has since been rebranded as Patriot Select P&C. Practically, agents now place comparable new business through successor carriers/programs, not under the old Anchor paper. Binding and submission requirements (per manual) - Agents may NOT bind any risk that is ineligible under the manual. Binding authority cannot be exceeded under any circumstance. - Binder must show exact effective date and time (hour, day, month, year). Binder may never be backdated prior to the time of actual binding or prior to the completion of required inspections/conditions noted in the manual. - Producer must carefully review each application for eligibility and completeness before binding and must follow any additional underwriting rules tied to endorsements/optional coverages. - Where uncertainty exists on eligibility, condition, or guideline interpretation, agents are instructed to contact an Anchor underwriter for direction prior to commitment. Broker / producer notes - Anchor’s written guidance is prescriptive: do not bind outside eligibility, do not backdate, and adhere to binding‑authority limits. The carrier expected producers to pre‑underwrite, reviewing every risk against the manual. - Given the regulatory actions and subsequent transfer of Anchor’s book to Homeowners Choice followed by the Patriot Select rebrand, any current submissions for similar Florida homeowners business should follow the active appetite and guidelines of the successor carrier/program. Agents should treat the Anchor manual as historical and verify current appetite, forms, and territorial rules with the active underwriting company before quoting or binding. Because the publicly available Anchor manual is dated and the entity has been restructured, use these guidelines only as historical context. Do not rely on them in lieu of up‑to‑date program rules from the live carrier now writing the business.