Pemco
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
No formal, public-facing PEMCO underwriting or appetite guide for home or boat is published as of this refresh. Operational guidance below is inferred from current product, contract, and territory information and should be treated as directional only. Always confirm final eligibility and pricing with PEMCO underwriting or rating tools. GENERAL & GEOGRAPHIC NOTES - Regional mutual focused on the Pacific Northwest; primary footprint is Washington and Oregon for personal lines. Policies and forms are state-specific; confirm availability by ZIP in the online quote system or with a PEMCO agent. - Standard personal-lines carrier, positioned for preferred and standard risks (auto, home, renters, condo, boat, umbrella). No indication of surplus-lines or high‑risk property programs. HOMEOWNERS (INFERRED GUIDANCE) Preferred / target business - Owner‑occupied primary residences in WA/OR written on standard homeowners forms (HO‑3/HO‑5 equivalents), typically 1–2 family dwellings in good condition. - Customers who package home with auto and possibly umbrella; PEMCO actively markets multi‑policy and home insurance discounts and prevention‑oriented customers. - Dwellings meeting typical regional standards: adequate roof condition, modernized electrical/plumbing/heating, no major unrepaired damage, and normal residential occupancies. Restricted / possibly declined (inferred) - Non‑owner‑occupied or minimally occupied homes (e.g., long‑term vacant, seasonal without supporting program) are commonly restricted by regional carriers; expect additional underwriting review or ineligibility if property is not a primary or well‑documented secondary home. - Dwellings with significant maintenance issues, unmitigated fire/liability hazards (e.g., knob‑and‑tube wiring, solid‑fuel primary heat that is not to code, severe roof deterioration) are typically outside appetite. - High‑cat properties (e.g., severe wildfire or coastal wind exposure) may be subject to inspection, underwriting review, or moratoriums consistent with regional market practice. Producer / submission expectations (home) - Use PEMCO’s online quote system or work through appointed agencies in WA/OR; prior carrier, loss history, occupancy, updates, and protective devices are key rating/eligibility fields. - Expect standard inspection and photo requirements for certain age/condition thresholds (roof, wiring, plumbing, heating) and for larger limits or umbrella placements. - Prevention emphasis: PEMCO markets discounts for certain mitigation devices (e.g., water‑leak monitoring and similar smart‑home protections), so producers should document these where present to support both eligibility and pricing. BOAT / WATERCRAFT (PEMCO MARINER POLICY) Preferred / target watercraft - Privately owned boats and personal watercraft used for personal, non‑commercial recreation, typically garaged or moored in standard marinas. - Coverage territory: inland waters, lakes, and rivers in the lower 48 U.S. states and Canada; plus coastal navigation up to 75 miles off the Pacific Coast (excluding Alaska) and up to 12 miles off the Queen Charlotte Islands. - Boats with agreed value coverage and typical pleasure‑use profiles. PEMCO highlights coverage for boats, motors, trailers, and attached equipment, and offers optional coverages for personal effects and fishing gear. Key coverage / operational notes (boat) - Agreed value settlement is available for total loss of the scheduled watercraft package. - Coverage applies to listed operators only; the Mariner policy specifies that only operators named on the policy are covered, so producers must ensure all regular operators are disclosed and scheduled. - Optional coverages include: - Replacement coverage for personal belongings (up to about $5,000) for items like clothing and sporting equipment. - Replacement coverage for fishing equipment (up to about $10,000) for accidental damage or theft, including when gear is off the boat (e.g., garage, car, or out of the water). - Mechanical breakdown coverage for specified components of outboard or inboard/outboard motors when failure is from normal wear and tear. - Emergency service coverage is included for labor at the breakdown site, towing to the nearest repair facility, and delivery of fuel, oil, or a battery. Restricted / declined (boat – inferred) - Unlisted operators: coverage is limited to scheduled operators; undisclosed or unapproved operators may result in claim issues. - Commercial, charter, or racing use is typically excluded under personal boat policies (not stated explicitly on marketing page but consistent with standard market practice—confirm on the actual PEMCO boat policy form for final terms). - Navigation outside stated territory (beyond 75 miles off the Pacific Coast, in Alaska coastal waters, or beyond 12 miles off the Queen Charlotte Islands) is outside standard coverage. Producer / submission expectations (boat) - Quote and bind via PEMCO’s platform or through an appointed agent; collect detailed boat specs (year, make, model, hull type, motor type/HP, trailer details) and operator information (experience, training, loss history). - Ensure navigation area and storage/moorage details are captured accurately to align with stated territorial limits. - Discuss optional personal property and fishing‑gear coverage where exposures are material; document high‑value equipment clearly in the application or underwriting notes. BROKER / PRODUCER NOTES - PEMCO distributes heavily through regional agencies; appetite and underwriting nuances are often communicated via territory managers and agent‑only materials that are not publicly posted. For edge‑case risks (older homes, unusual occupancies, large or high‑performance boats), producers should contact PEMCO underwriting or their territory manager for a risk‑specific clearance before quoting. - Because PEMCO does not maintain a public appetite guide, agencies should rely on current rating system prompts, binding messages, and any recent bulletins for changes in eligibility, moratoriums, or tightened guidelines by line or territory. Due to lack of a public underwriting manual, all risk‑selection and restriction points above are inferred from PEMCO’s public product descriptions and standard regional personal‑lines practices and must be confirmed directly with PEMCO for binding decisions.