Underwriting generally takes about 7-10 business days to complete. Each application is reviewed on an individual basis, which means some applications may take longer than others.
The underwriters occasionally do have additional questions or need to review additional information. This is no cause for alarm, it just simply means they need more clarification on certain points.
Underwriting is the process of conducting research and assessing the degree of risk for each applicant before the carrier takes on that risk. This process helps to set fair premiums to adequitely cover the true cost of insuring policyholders.