Homeowners coverage is different from most other new insurance policies in that coverage can be bound by an appointed agency, but the insurer’s Underwriting Department will review and approve it afterwards. This is because a homeowners policy often has to be bound right away, such as for a new home purchase. The State of Florida gives the insurance company 90 days to complete its underwriting process. This includes review of the application, all supplemental inspections, the company’s own inspection, and consumer reports. Typically, the Underwriting Department waits until all the information is available to begin its review. Coverage and pricing are not final until the underwriting process is concluded.