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Why is there a thirty day waiting period to get a policy with Mutual Assurance?

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Why is there a thirty day waiting period to get a policy with Mutual Assurance?

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We require at least a 30 day waiting period for new policies to allow us time to arrange for and conduct an inspection of the prospective property and its premises. Many companies will write your policy over the phone and decide later whether or not they will continue to insure your property. We feel it is in our members’ best interest to make underwriting decisions before coverage is effective.

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