TAPCO Underwriters, Inc

Carrier appetite summary

CRC Tapco is a U.S. wholesale/binding authority market for licensed retail agents, advertising 1,000+ property and liability classes with same-day policy issuance and fast phone quoting. For Commercial Property, CRC Tapco states in-house capacity up to $1M TIV by phone and requires applications for TIV up to $3M. Published property coverage options include building, business personal property, business income, equipment breakdown, and property enhancement endorsements, with Basic, Broad, or Special form perils and ACV or replacement cost valuation. Their Commercial Property and Commercial Package applications indicate underwriting focus on occupancy/type of risk, owner vs. tenant, construction, protection class, square footage, year built, number of stories, roof type, updates to wiring/heating/plumbing/roof, protective devices, alarms/sprinklers, wind/hail deductible, theft sublimit, prior cancellations/declinations, and 3 years of prior coverage/loss history. Special-including-theft requires a central station alarm, and any cooking exposure requires disclosure of Ansul system and service agreement. The Commercial Package form supports combined GL + property submissions and asks about business operations, parking lot exposure, LPG/flammables/ammunition/explosives, leased/rented equipment, subcontracting, and certificates of insurance from subcontractors. Published class-material shows broad eligibility across many GL/property classes, but available coverages/markets vary by risk characteristics; no single public declined-classes guide was found, so classes outside published forms/class lists or with hazardous characteristics should be treated as underwriter review. For Homeowners, CRC Tapco publicly promotes HO-3 in Florida only, with Coverage A minimum $125K and maximum $750K, full updates required if home is over 25 years old, water damage included with a $10K sublimit, wind/hail available subject to guidelines, replacement cost on dwelling, ACV on personal property, and phone/web quoting. HO-8 is available in AL, DC, FL, GA, KY, MD, NC, NJ, PA, SC, TN, TX, and VA, with Coverage A minimum $50K and maximum $500K, no age restriction, Basic form perils, ACV settlement, and phone/web quoting. Public geographic restrictions specifically shown are Monroe County, FL not eligible for HO-3/Florida homeowners, Camden City and Camden County, NJ not eligible for HO-8, and Shelby County, TN not eligible for HO-8. Personal-lines product-by-state material also indicates state-specific availability and maximum values by state, so territory should be confirmed before submission. Submission/broker notes: CRC Tapco works through licensed retail agents only; all coverage must be bound by a CRC Tapco underwriter and brokers do not receive binding authority. CRC Tapco quotes the majority of business by phone, emails quotes immediately, and allows binder requests by phone prompt or email to TapcoBinders@crcgroup.com. Binders are valid for 12 days from effective date; if applications/premium arrive after expiration, the risk must be re-underwritten. Applications are required for every new account; ACORD or comparable forms are accepted for much business, with CRC Tapco-specific forms for certain programs. Retail brokers must satisfy diligent-search requirements where applicable; CRC Tapco states it will file surplus-lines tax paperwork and required diligent-search/declination forms with the state when needed. Billing is mostly cash with net premium due with application on new business; direct bill is mandatory on personal-lines renewals and optional on commercial renewals. Business must be paid in full at inception unless financed; financing is available through preferred finance companies, but down payment must be remitted to CRC Tapco and signed finance documents sent to the finance company. Commercial submissions should be routed by state to the appropriate regional Tapco quote email shown on the office directory page.

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