Farmers Mutual of Osage
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
Homeowners – current underwriting rules (FMIC Homeowners Program Underwriting Rules, Rev. 5/18): • Binding authority & limits - Agents may bind any risk that fully meets the underwriting rules in the manual. - Maximum Coverage A limit: $300,000. - Minimum Coverage A limits by form: Form 1 $30,000; Form 2 $50,000; Form 3 $100,000; Form 4 (tenant) $10,000. - Premium on a cancelled policy may not be accepted without prior underwriter approval; a signed no-loss statement is required for reinstatement. • Structure / eligibility by form (preferred vs. limited business) - Foundation: • Form 1: Pier with skirting/underpinning acceptable (more flexible, used for lower forms/less preferred risks). • Forms 2 & 3: Continuous solid masonry foundation required (indicates preferred/standard owner-occupied homes). - Heating: • Form 1: Space heaters acceptable. • Form 2: Floor furnace, circulating heat, and baseboard heat acceptable. • Form 3: Central heat required, 25 years old or less, thermostatically controlled, properly vented with ductwork to each room; wood furnaces may qualify if they meet this standard. - Roof: • Forms 1 & 2: Shingle, metal, slate, or clay acceptable. • Form 3: Shingle or metal only; roof must be 25 years old or less. • Rolled or Ondura roofing is not acceptable for this package. - Occupancy: • Forms 1 & 2: One- and two-family dwellings acceptable. • Form 3: One-family only (preferred owner-occupied primary homes). - Plumbing: • Form 1: Galvanized allowed. • Forms 2 & 3: Copper or plastic required. • Preferred business indicators (operationally) - One-family, owner-occupied homes written on Form 3 with: • Continuous solid masonry foundation. • Central, thermostatically controlled, properly ducted heat less than 25 years old. • Shingle or metal roof in good condition and less than 25 years old. • Copper or plastic plumbing. - Standard construction, good maintenance, and compliance with all structural, heating, plumbing, and roofing criteria. • Restricted / declined characteristics (practical guidance) - Dwellings needing Forms 2–3 that lack a continuous solid masonry foundation are not eligible for those forms. - Dwellings requiring Form 3 but with: • No central heat, or central heat older than 25 years, or not thermostatically controlled/vented to each room. • Roof types other than shingle or metal, or roof age over 25 years. • Plumbing that is not copper or plastic. - Rolled or Ondura roofing ineligible for the homeowners package. - Two-family dwellings not eligible for Form 3 (must use Form 1 or 2 if otherwise acceptable). - Previously cancelled risks require underwriter involvement and a no-loss statement before reinstatement; agents should not accept payment without that approval. • Geographic / program notes - Company overview notes Farmers Mutual is licensed for homeowners and other personal/commercial/farm lines and writes subject to the rules in the respective underwriting manuals. No separate public geographic restrictions are stated in the homeowners rules document; assume normal company territory rules apply (verify state/territory eligibility in agency manual or with underwriting for edge locations). • Submission & agent/producer instructions - Agents are granted binding authority only within the stated rules and limit profile; risks outside these parameters must be referred to an underwriter before binding. - For reinstatements after cancellation, obtain a signed statement of no loss and secure explicit underwriter approval prior to taking payment or binding. - Use appropriate form selection based on occupancy (one- vs. two-family), foundation type, heating, roof type/age, and plumbing when quoting and submitting. - For borderline structural/heating/roof conditions, route to underwriting for pre-bind review rather than binding on authority. • Other lines (context only – see respective manuals) - Agency introduction manual lists additional products (Dwelling Fire, Mobile Homeowners, liability, commercial, BOP, artisan, farmowners). Each has its own separate underwriting rules and authorities; do not apply homeowners rules across lines – refer to product-specific manuals when quoting those policies.