CFM Insurance
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
Operational scope & territory: - Missouri farm mutual insuring farm and residential property throughout Missouri only. Company operates under Missouri farm mutual statutes and writes property and related liability on CFM forms. Agents are expected to personally underwrite risks and inspect all new properties. Preferred/target business – Homeowners & related: - Well‑maintained, owner‑occupied single family dwellings in good to excellent condition with compliant wiring, heating, and overall structure condition. - Dwellings with accurate insurance‑to‑value based on 360Value Cost Estimator; agents must run 360Value and rate to at least the required percentage of replacement cost. - Dwellings built after 1950 (pre‑1951 automatically subject to Functional Replacement Cost provisions).([1951175.fs1.hubspotusercontent-na1.net](https://1951175.fs1.hubspotusercontent-na1.net/hubfs/1951175/Homeowners%20GO%20Underwriting%20Manual%20-%202024%20.pdf)) - Properties with good loss history, no water losses in last 3 years, no prior liability losses (or prior UW approval if present). - Locations with adequate fire protection (protected or partially protected fire class as defined by distance to fire department and water source).([1951175.fs1.hubspotusercontent-na1.net](https://1951175.fs1.hubspotusercontent-na1.net/hubfs/1951175/Homeowners%20GO%20Underwriting%20Manual%20-%202024%20.pdf)) Binding authority & capacity: - Agents may bind qualified single‑dwelling risks up to $500,000 Coverage A; over $500,000 requires prior underwriting approval. - Total insured value at one location not to exceed $4,000,000 without prior UW approval. - Inland Marine and certain scheduled items (e.g., higher‑value boat docks, solar panels over threshold) require prior UW sign‑off when system prompts. - Agent must inspect each risk, obtain photos of all sides of the dwelling and all structures, and submit with the completed application. Bound coverage must be reported to Home Office within 5 days; incomplete submissions or failure to respond to info requests within 10 days may result in rejection/denial of requested coverage.([1951175.fs1.hubspotusercontent-na1.net](https://1951175.fs1.hubspotusercontent-na1.net/hubfs/1951175/Homeowners%20GO%20Underwriting%20Manual%20-%202024%20.pdf)) General ineligible risks (all/most policies): - Any applicant with a felony conviction. - Applicants with a bankruptcy filed or settled in the past 5 years. - Persons or property with a prior total fire loss. - Insureds with prior liability claims without explicit prior underwriter approval. - Dwellings with wood shingles, slate, or tile roofs (not eligible at all). - Dwellings with asbestos siding or roofing (asbestos is fully excluded, including debris removal/disposal). - Shared boat docks; greenhouses used for commercial exposures; certain high‑hazard or commercial‑type farm premises and operations (see farm/GL sections for detailed prohibited list, e.g., petting zoos, equestrian businesses, various fee‑based recreational or commercial activities).([1951175.fs1.hubspotusercontent-na1.net](https://1951175.fs1.hubspotusercontent-na1.net/hubfs/1951175/Homeowners%20GO%20Underwriting%20Manual%20-%202024%20.pdf)) Roof, construction & special structures: - Roofs: Underwriter may exclude or restrict any roof. Wood shingle, slate, or tile roofs – not eligible. Corrugated metal roofs only on FO‑1 or FO‑2 with ACV, with prior UW approval. Flat roofs may be eligible for FO‑1 only, with prior UW approval. - Roof Replacement Cost endorsement available only for dwelling roofs <15 years old written on FO‑2 ACV, and only with prior UW approval and surcharge. - Solar panels must be insured to 100% of replacement cost, included in Coverage A if roof‑mounted; schedule under appropriate Coverage E item if ground‑ or outbuilding‑mounted. Panels over $25,000 require copy of original invoice and photos. - Boat docks on premises: up to 10% of Coverage A under Coverage B up to $2,500; above $2,500 or off‑premises must be scheduled on dedicated Boat Dock line under Inland Marine, up to $50,000 maximum per policy. Dock must be in good condition; photos and dimensions required; shared docks not eligible; no weight of ice/sleet/snow coverage. - Greenhouses: not covered under Coverage B; must be insured as Type 3 building without weight of ice/snow, replacement cost, or special form coverage; no commercial exposures allowed. - Wood shake siding and stucco require prior underwriter approval. - Duplexes acceptable only when both units are owned by the named insured; if one unit is owner‑occupied and one is rented, non‑owner unit is treated and rated as rental. Tiny houses must be on permanent foundation with approved water/sewer, minimum value $30,000, mandatory $1,500 deductible. Deductibles & water/roof considerations: - Mandatory Wind/Hail deductible on all policies: greater of 1% of Coverage A (or scheduled item for Coverage E) or the All Other Perils (AOP) deductible, with a minimum of $2,500. - AOP deductible options: $1,000, $1,500, $2,500, $5,000, $10,000. Minimum AOP $2,500 for dwellings >$250,000; minimum AOP $5,000 for dwellings >$500,000 (no deductible credit at that level). AOP deductible for risks with >$500,000 combined building values must be approved by underwriting before binding. - Any dwelling with a water damage claim in last 3 years requires prior UW approval and may require photos, proof of repairs, etc. Fire protection & geographic notes (Missouri only): - Fire protection classification based strictly on road miles from responding fire department and proximity to hydrant or adequate water source. Manual defines detailed Protected (P1–P5), Partially Protected (PP1–PP5), and Unprotected (UP6–UP45+) tiers by distance bands up to 45+ miles. Agents must code correct class based on miles and water supply; unprotected classes carry higher hazard and may be limited or surcharged.([1951175.fs1.hubspotusercontent-na1.net](https://1951175.fs1.hubspotusercontent-na1.net/hubfs/1951175/Homeowners%20GO%20Underwriting%20Manual%20-%202024%20.pdf)) Liability, rental & ancillary exposures highlights: - Personal Liability (GL‑1) may be written where insured maintains a residence; Commercial Premises‑Only Liability (GL‑600) may be used for dwelling/building premises where full worldwide coverage not required, including seasonal and vacant dwellings. - Rental property with a swimming pool or wood heat is ineligible. Pools must be fully fenced (4 ft minimum with self‑locking gate) to be eligible; unfenced pools render property ineligible. - Residential rental premises liability can be added only if the rental dwelling is insured on that same policy or another CFM policy; no liability extension to dwellings insured elsewhere or uninsured. Duplex rentals charged per unit. - Certain in‑home care operations may be covered via specific endorsement when criteria are met (regularly provided in home, compensated, primarily on residence premises), but broader commercial operations and listed business pursuits are excluded or must be on appropriate farm/commercial forms. - ATV liability is not allowed on Personal Liability form and must be written under Farm Personal Liability when eligible. Submission & producer expectations: - Agent must personally inspect every new risk, confirm acceptable condition of structures, and ensure insured is financially and morally acceptable. - Required with new business: full application completed in all respects, 360Value or other documentation supporting replacement cost, clear photos of all sides of the primary dwelling and each structure on premises (including boat docks, greenhouses, other outbuildings as applicable), and any requested supporting documents (e.g., solar invoice, proof of water loss repairs). - Agents must promptly supply any additional information requested by underwriting within 10 days or risk application rejection/coverage denial. Coverage bound by agents must be reported to Home Office within 5 days. - Policies cancelled for nonpayment after inception require UW approval to rewrite; prior claim‑free discounts are lost on rewritten policies. Overall appetite: - Focus on Missouri owner‑occupied homes and small farm‑adjacent residential risks with standard construction, sound maintenance, acceptable financial/moral profile, and controlled liability/farm exposures. Higher‑hazard roofs, unfenced pools, certain rentals, and broad or commercial‑type operations are outside appetite or heavily restricted and require movement to farm or commercial programs or another carrier.