Property Application

A property insurance application collects comprehensive details about the applicant, insured locations, and requested coverage to ensure accurate underwriting and risk assessment. It begins with applicant and business information, including the named insured, legal structure, FEIN or SSN, mailing address, and primary contact details such as phone number and email address. The application also captures the submitting agent or agency’s information, including licensing details.

Feathery’s AI extracts detailed insured property data such as location addresses, construction type, year built, square footage, occupancy type, number of stories, and the presence of sprinkler and alarm systems. It also captures requested coverage information, including effective dates, coverage types and limits, deductibles, coinsurance, and any requested additional insureds. To support underwriting accuracy, prior loss history and current insurance carrier information are also extracted. Automating this process reduces manual entry, ensures accuracy, and enables faster turnaround for property insurance quotes and policy issuance.