What is an Acord Form 126?
ACORD 126, Commercial General Liability Section, is a form of insurance designed to protect owners and operators of businesses from a wide variety of liability exposures. The ACORD 126 was designed to be used in conjunction with the Commercial Insurance Application – Applicant Information Section (ACORD 125).
What is an ACORD 125 form?
The Acord 125 form is more commonly known as the Commercial Insurance Application. This application is used to record general client information including things like business location and contact details, business description, prior insurance and loss history.
What is ACORD form in insurance?
More specifically, an ACORD certificate of liability insurance – also known as an ACORD 25 form and a certificate of insurance (COI) – is a one-page document that proves you have business liability insurance coverage and can meet the conditions of contracts that require it.
What is ACORD insurance document?
The one-page ACORD certificate of insurance summarizes essential information about your insurance policy, such as coverage types, policy numbers, insurance limits, and effective and expiration dates. As a small business owner, your clients may ask you to provide an ACORD certificate of insurance, or COI.
What is Acord 125 FL and Acord 132 NJ?
ACORD 125 FL: Florida Commercial Insurance Application Applicant Information Section (125 FL) ACORD 132 NJ: New Jersey Workers Compensation Insurance Plan Instructions/Rules (132 NJ)
How many forms of insurance does Acord offer?
ACORD offers over 800 forms for certificates of insurance covering many lines of business including liability & property – also regional and state-specific forms. The term ACORD is an acronym for the Association for Operations Research and Development.
What does Acord 60 stand for?
ACORD 60 MA: Massachusetts Property Insurance Underwriting Association Application for Homeowners Insurance (60 MA) ACORD 60 MI: Michigan Automobile Insurance Placement Facility / Auto Supplement (60 MI) ACORD 60 MT: Montana Application Supplement – Refusal to Renew (60 MT)
What does 851 Acord stand for?
ACORD 308: National Flood Insurance Program Residential Basement Floodproofing Certificate (308) ACORD 810: Business Income / Extra Expense / Rental Value Supplement to Property Section (810) ACORD 851 SC: South Carolina Assoc Auto Ins Plan – Electronic App Submission Interface Retraction Request Form (851 SC)