Indiana Farmers Mutual 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
Carrier overview and territory - Mutual regional carrier writing in Indiana, Illinois, Ohio, and Kentucky through independent agents. - Commercial and farm lines (including CPP, BOP, commercial auto, commercial umbrella, farmowners, farm auto, and farm umbrella) are actively marketed in Indiana and Ohio, with authority extended to IL and KY per corporate materials. Preferred / target business - Commercial: Small to mid-size Main Street accounts written on BOP or CPP forms, with moderate hazard operations and good loss history. Public-facing but well-managed occupancies (offices, retail, light mercantile; select service contractors) are typically in appetite when hazards are controlled and premises are well maintained. - Workers Compensation: Employers with stable operations, clear job classifications, and a focus on safety and loss control; accounts with clean to moderate loss experience and demonstrated risk management practices (safety programs, hiring and screening, MVR checks) are favored. - Farm: Farmowners and farm-related operations with good property maintenance, conventional row-crop and livestock exposures, and limited agritourism or specialty hazards. - Personal lines: Package-oriented accounts (supporting auto and/or other lines) are preferred; the company has indicated it no longer favors monoline homeowners without supporting business. Restricted / declined exposures (operational takeaways) - Personal property: Above-ground swimming pools and trampolines without proper protective measures (e.g., no netting) are outside appetite for homeowners; such hazards have been cited as reasons for nonrenewal rather than being underwritten around. - Homeowners: Carrier has explicitly indicated it will not write or continue certain homeowners risks when additional hazards are introduced (e.g., pool, trampoline) that do not meet their safety or underwriting standards; monoline homeowners without supporting business are disfavored and may not be written going forward. - Commercial / farm: While a formal appetite grid is not publicly posted, public materials emphasize controlled hazards and loss prevention; by implication, higher-hazard manufacturing, habitational with poor maintenance, and premises with unmitigated liability hazards (unprotected recreational equipment, pools, etc.) are likely to be restricted or declined. Geographic notes - Authorized and actively marketing in Indiana and Ohio for commercial and farm lines; also licensed and doing business in Illinois and Kentucky. Business is positioned as Midwest-focused with a preference for regional exposures rather than national or coastal catastrophe-prone risks. Submission & underwriting expectations - Business is produced exclusively through independent agents; consumers are directed to contact an independent agent rather than the carrier for product details or quotes. - For Workers Comp, claims must be reported via the agent using the appropriate state first-report-of-injury form, and medical bills are directed to the carrier’s TPA (CorVel), indicating a structured workers comp program and expectation that agents follow carrier procedures and forms. - Indiana Farmers’ agreements through distribution partners such as Independent Market Solutions (IMS) specify that sub-producers must adhere to Indiana Farmers’ instructions, guidelines, policies, and procedures; appointments and books are subject to carrier approval and ongoing performance/underwriting standards. - Emphasis in workers comp content on accurate classification, strong hiring and screening (MVRs, background checks, drug testing), formal safety programs, and no-texting policies for drivers suggests that underwriters will look for documented risk controls and may price or decline based on these factors. Broker / producer notes - Distribution generally runs through appointed independent agencies and, in some states, via IMS sub-producer arrangements; agents writing via IMS are subject to the master Indiana Farmers agreement and must follow its underwriting and procedural rules. - Public communications note that coverages, terms, and availability vary by state, and that website materials are not policies; producers should rely on current manuals, bulletins, and internal appetite/eligibility guides available through the agency portal or market access provider rather than the public site. - Complaints and responses indicate that when risks fall outside appetite (e.g., new premises hazards, payment or account conduct issues, or homeowners without supporting business), the company will nonrenew rather than make broad underwriting exceptions, so producers should manage insured expectations and clean up ineligible exposures in advance of renewal. Operational underwriting summary for front-line use - Focus new business on: small to mid-sized, well-maintained risks in Indiana/Ohio/IL/KY; packaged accounts in personal lines; Main Street commercial BOP/CPP; and farms with conventional exposures and good maintenance and safety. - Avoid submitting: homeowners with unprotected recreational exposures (above-ground pools, trampolines without nets), monoline home with no supporting auto/other lines, and higher-hazard or poorly controlled commercial/farm risks without strong safety and loss-control practices. - For workers comp, document classifications, safety programs, hiring practices, and driving/auto safety policies in the submission to align with carrier expectations and improve underwriting reception. - Always confirm current eligibility details, class lists, and line-specific rules from the carrier’s secure agent resources or your IMS/aggregator portal, as the public materials provide only high-level appetite indications.