Swyfft, LLC
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
Program: High Value Home Program backed by Lloyd’s of London – Hiscox (Quick Reference Guide dated 2.13.2026). Applies to high‑value homeowners and related occupancies written through Swyfft. Preferred / Target Business - Occupancy types: Primary, secondary, and seasonal HO3/HO5; tenanted DP3; vacant DP3; short‑term rentals (HO3/DP3); course of construction (COC) HO3. - Coverage A: $1M minimum (FL: $2M minimum). Total insured value (TIV) up to $7M; risks over $5M require underwriting approval. - Standard coverages: HO3/HO5 and DP3 with available enhancements such as water backup, mechanical breakdown, extended rebuild cost (not in CA), increased ordinance or law, service line, deductible waiver, catastrophic ground collapse (FL only, with restrictions). - Liability options: Coverage E limits of $300K, $500K, or $1M; medical payments options of $5,000 or $10,000. - Valuables: Single item limit up to $25,000; combined scheduled items up to $100,000, with appraisals required for items over $25,000 and updated every 5 years; jewelry clause required if a single item exceeds $15,000. Key Structural & Coverage Requirements - Coverage minimums by occupancy: - Coverage B: 10%–40% of Coverage A. - Coverage C: Primary 30%+; secondary/seasonal 15%+; tenanted 15%+. - Coverage D: Primary 20%+; secondary 10%+; tenanted 10%+. - Course of Construction (COC) HO3: - Written on HO3 with no Loss of Use or Personal Property; liability restricted to premises only. - Requires COC questionnaire, COC endorsement, and Builder’s Risk Liability endorsement. - Contractors must carry at least $1M CGL; theft of materials sub‑limited to $25K. - If within 10 miles of coast and including wind, structure must remain fully enclosed at all times. - Tenanted DP3: - DP3 only; mandatory $2,500 theft deductible. - Liability, if added, is restricted to premises-only. - Seasonal homes: Seasonal endorsement must be applied; liability restricted to premises-only. - Vacant DP3: No Loss of Use or Personal Property; liability premises‑only; require reason and length of vacancy. - Short‑Term Rentals: Allowed on HO3/DP3 with STR questionnaire; minimum renter age 25 and minimum stay 2 nights. Risk Selection – Ineligible / Declined Risks Agents are instructed to “know when to pass.” The following are not eligible under Swyfft/Hiscox high‑value program: - Student rentals / dwellings rented to students. - Mobile homes. - Dwellings with: asbestos siding; Chinese drywall; fuses, knob & tube, or aluminum wiring; poor roof condition; polybutylene plumbing; more than 20% galvanized plumbing; circuit breakers under 100 amps. - Dwellings with lead paint unless liability is excluded. - Day‑care or assisted living operations in the dwelling unless liability is excluded. - Homes without centrally connected burglar and fire alarms (must be installed within 45 days of effective date). - Dwellings with rebuild cost under $150 per square foot. - Insureds with arson or fraud convictions or undischarged bankruptcies. Claims History Appetite - Up to 3 claims allowed in the past 3 years if no mysterious disappearance loss and no theft loss over $10,000. - Refer to underwriting if: any single claim exceeds $25,000, multiple claims exceed $15,000, and/or any open claims exist. Provide claim details and total reserves for referrals. Geographic / Catastrophe Notes - Wind and coastal guidance: If within 10 miles of coast and wind is included on COC, building must remain fully enclosed throughout construction. - Named storm deductibles: Available in FL, SC, NC, TX, AL, MS, and LA when the risk is within 10 miles of distance‑to‑coast (DTC). Wind/hail deductibles offered at 1%, 2%, 3%, 5%, and 10% (max), AOP deductibles at $2.5K, $5K, $10K, $25K, and $50K (minimum varies by risk attributes). - Catastrophic ground collapse: Offered in Florida only, not available if insured is aware property is on sinkhole‑susceptible ground but no damage has occurred. Inspections & Risk Controls - Inspections are required on every property (interior and exterior) regardless of age; renewal inspections at least every 3 years. - Swyfft uses drone/AI and interior inspections as part of its inspection program (see Marketing Pro inspection page for operational expectations and policyholder messaging). Submission & Underwriting Process - Quoting validity: - November 1 – May 31: quotes valid for 30 days. - June 1 – October 31: quotes valid for 7 days (cat season control). - Underwriting referrals: During quote, system may flag risks for additional review; binding requires authorization from a Swyfft Homeowners Underwriter. Examples that must be referred include: - Applicants who are high‑profile (e.g., entertainers). - Risks vacant more than 1 year. - Dwellings not zoned residential and not originally built as homes (converted buildings). - Any PC 9/10 risk not fully updated in the past 20 years. - Risks with a lapse in coverage. - Personal property limit over 70% of Coverage A. - Historic homes. - Questionnaires required as applicable: - Protection Class 9/10, LLC ownership, short‑term rental use, course of construction, log home, solid‑fuel burning appliance, home office, older home, and other flagged conditions. Broker / Producer Notes - Full pay only; no installment plan. Payment methods: EFT, debit card, and all major credit cards. A 3% credit card fee applies to the total amount due for new business and renewals (excludes monthly, though full‑pay is listed as the only plan in this program guide). - Policies are subject to a minimum earned premium determined by unearned premium factors and whether coverage was in force between June 1 and November 1. - Agent portal access is required for rating and binding; binding is contingent on completing any required questionnaires and receiving underwriting approval when the system flags a referral. - Contact points: Personal lines support at 855‑479‑9338; underwriting at Underwriting@swyfft.com; accounting at Accounting@swyfft.com; claims via swyfft.com/claims or 800‑487‑1263. Operational Takeaways for Underwriters & Brokers - Focus on high‑value, well‑maintained dwellings with robust life‑safety features (central fire/burglar alarms, modern wiring and plumbing, solid roofs, and rebuild cost ≥ $150/sq ft). - Avoid student housing, mobile/manufactured homes, poor condition or antiquated systems (knob & tube, polybutylene, heavy galvanized, low‑amp service), and insureds with serious moral hazard indicators (arson/fraud convictions, undischarged bankruptcy). - Strictly follow coastal, COC, and named storm deductible rules, especially within 10 miles of the coast. - Use questionnaires and underwriting referrals for complex occupancy (STR, COC, LLC, home office, older homes, PC 9/10, historic) and for any material claims activity or coverage anomalies. - Ensure all required inspections are completed and that agents and insureds understand that inspection findings may result in changes, underwriting conditions, or cancellations/non‑renewals if issues are significant.