Monoline Policy Eligiblity Questions
These are the questions presented in the Monoline app when an agent creates a new quote. These must be answered in order for the quote to be approved to bind.
Are all underlying policies written with a B+ or better AM Best rated carrier or an approved carrier?
Does any household driver have two (2) or more major driving violations within the past five years?
Does any household driver, under 21 years old, have one (1) or more major driving violations?
Does the applicant have four (4) or more liability losses, or total liability losses over $25,000, within the past three years?
Does the applicant currently have an open liability claim?
Is there a Course of Construction (COC) on any of the applicant‘s residences?
Does the applicant have any farming exposure?
Is any member of the applicant's household a Target Risk Individual?