Electric 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
Publicly available, carrier‑specific homeowners underwriting or appetite guides for Electric Insurance Company are not published on their site as of this refresh. The carrier’s site and collateral confirm that Electric historically wrote personal lines (auto, home, umbrella) nationally, but current pages focus on coverage summaries and general eligibility statements rather than operational underwriting rules. Operational implications for brokers/producers based on what is currently published: • Product status / availability - Electric Insurance historically underwrote homeowners coverage (various homeowner forms/tiers are referenced in coverage comparison materials), but there is no current, detailed risk‑selection guide publicly posted for agents. - Some third‑party market commentary notes that Electric has sold or exited portions of its personal lines book and has been notifying policyholders that it does not intend to continue certain personal lines (auto, home, boat, umbrella) in the 2023–2024 timeframe. This suggests appetite is contracting or closing in some states and lines, and that new‑business opportunities may be very limited or unavailable in many jurisdictions. • Preferred business (inferred from coverage positioning rather than explicit appetite rules) - Marketing materials position Electric as a writer of standard to preferred personal lines business: owner‑occupied primary residences, good claims history, and well‑maintained homes. - The homeowners coverage comparison collateral states that applicants must meet underwriting eligibility requirements but does not publish those criteria. Expect typical preferred‑market requirements: insurable, well‑maintained 1–2 family dwellings, modernized utilities, no severe loss history, and standard personal lines exposures. • Restricted or declined classes (not explicitly listed by the carrier) - No detailed list of ineligible risks (e.g., coastal wind, protection class, prior losses, roof age, dog breeds, pools, trampolines, short‑term rentals) is publicly posted. You should assume Electric applies mainstream personal‑lines restrictions, but any specific class acceptance/decline decisions must be confirmed directly with underwriting. • Geographic notes - The site describes Electric as a national writer of personal insurance but also notes that products and discounts are not available in all states and that coverage is available only in the U.S. - There is no current, public state‑by‑state homeowners appetite chart. Given industry reporting that Electric has sold/transitioned portions of its personal lines business and intends to discontinue writing certain personal products, producers should verify state and line availability on a case‑by‑case basis before quoting or remarketing existing accounts. • Submission / producer handling - The “Become an Agent” page allows interested agencies to submit contact information to be considered for appointment; no detailed producer underwriting or submission guidelines are provided. - No public instructions are provided on required submission documents (e.g., photos, inspections, prior carrier declarations, loss runs) or binding authority. Treat all submissions as requiring underwriter sign‑off unless you have separate written binding authority. • Broker/producer notes - Because Electric does not post a current, line‑by‑line underwriting or appetite guide for homeowners, and appears to be winding down portions of its personal lines operation, brokers should: • Treat new‑business homeowners placements as restricted and confirm appetite and willingness to quote with the carrier (or any successor/partner carrier) before marketing. • Confirm renewal strategy and non‑renewal timelines for existing Electric homeowners insureds well in advance of expiration. • Use the general service contacts on Electric’s site or your existing marketing/underwriting contact for any risk‑specific approval, eligibility clarification, or state availability questions. Because there is no official, detailed homeowners underwriting guide or appetite document from Electric Insurance Company available online, the above reflects only high‑level operational guidance. For concrete accept/decline rules, geographic restrictions, and documentation requirements, direct carrier underwriting confirmation is required.