For whatever reason(s), we have been receiving bound applications on properties and insureds with serious problems that obviously do not qualify for a policy with Meramec and should have never been bound. We hesitate to take drastic measures, but agents who continually bind properties in this manner will lose their binding authority.
Please do not do anything to jeopardize your binding authority. If you are unsure whether or not a property or insured qualifies, please contact underwriting. Send pictures and a description of what you are wanting to bind. They will be able to give you a good indication of whether or not the property is bindable.
Meramec strives to be your partner for placing good risks, not as a dumping ground like some other mutuals have the reputation of being. Thanks for working with us.
Some reminders from Underwriting:
- Meramec Valley does not accept risks that have swimming pools with diving board(s) and/or slides.
- Risks must show pride of ownership. Risks with debris scattered about in the yard will be rejected immediately.
- Risks with derelict and/or multiple unlicensed vehicles are a high liability risk and will not be accepted.
- Dwellings must be occupied. Vacant and/or unoccupied dwellings are not acceptable under any of our programs.
- All outbuildings must be stable and in good condition.
- Roofs must be 10 years old or less. Roofs should not not have ANY missing, broken, curled, or cupped shingles.
