ACORD Insurance Form
Last updated: May 13, 2025
ACORD forms are standardized insurance documents used by insurers and agencies to capture, update, and communicate policy-related data. They include applicant, policy, coverage, and loss information in a consistent format recognized across the insurance industry.
Fields
Field | Description | Example |
---|---|---|
form_number |
The specific ACORD form number (e.g., ACORD 125, ACORD 130). | ACORD 125 |
form_name |
Short title for the ACORD form. | Commercial Insurance Application |
policy_number |
Unique identifier assigned by the insurer to this policy. | POL-123456 |
insurance_company_name |
Name of the underwriting insurance company. | ABC Insurance Company |
named_insured |
Primary entity or individual listed as the insured on the policy. | XYZ Enterprises LLC |
applicant_name |
Name of the applicant if different from the named insured. | John Doe |
insured_address |
Physical or mailing address of the insured. | 123 Main St, Cityville, ST 12345 |
policy_effective_date |
Date the policy coverage begins. | 2023-01-01 |
policy_expiration_date |
Date the policy coverage ends. | 2024-01-01 |
producer_name |
Name of the agent or agency that produced the policy. | Smith Insurance Agency |
producer_address |
Address of the producing agent/agency. | 456 Agency Ln, InsuranceTown, ST 98765 |
producer_phone |
Contact phone number for the agent/agency. | (555) 123-4567 |
policy_type |
Type of policy or line of business (e.g., CGL, Commercial Auto). | Commercial General Liability |
coverage_details |
A list or summary of coverages and coverage parts included. | Bodily Injury, Property Damage, etc. |
coverage_limits |
Specified coverage limits for each coverage part. | Each occurrence: $1,000,000; Aggregate: $2,000,000 |
premium_amount |
Total or annual premium for the coverage. | 1200.00 |
deductible |
Deductible amount the insured is responsible for per claim. | 500 |
claim_number |
Number assigned to a specific claim under this policy, if applicable. | CLAIM-987654 |
loss_date |
Date of a reported loss/incident if relevant to the form. | 2023-07-15 |
loss_description |
Summary of the reported incident or cause of loss. | Water damage due to burst pipe in office building. |
location_of_loss |
Where the loss occurred, if different from insured address. | Warehouse #3, 789 Industrial Rd, Cityville, ST 12345 |
policyholder_signature |
Signature of the insured or policyholder verifying the information. | John Doe |
agent_broker_signature |
Signature of the agent or broker representing the policy. | Jane Agent |
additional_insureds |
List of extra parties who are named as insured under the policy. | Lender: Big Bank, Landlord: Real Estate Holdings |
lienholder_mortgagee_name |
Entity holding a financial interest in the insured property/vehicle. | ABC Bank, Loan #12345 |
vehicle_information |
Vehicle details if the ACORD form pertains to auto coverage. | 2019 Ford F-150, VIN #1FTEX1EPXKKF00000 |
property_information |
Property details for commercial/residential lines of business. | Commercial Building, 10,000 sq ft, Built 2005 |
risk_classifications |
Risk classification codes or descriptions used by underwriters. | Class Code 5192, Mercantile |
endorsements |
List or short summary of endorsements included with the policy. | Additional named insured endorsement, Blanket Waiver of Subrogation |
policy_status |
Indicates whether the policy is active, canceled, pending, etc. | Active |
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