ACORD Commercial Property Applications
Commercial Property Applications Checklist
- ACORD 125 -
Applicant Information Section
- ACORD 139
Statement of Values
- ACORD 140 -
Commercial Property Section
- ACORD 145
Accounts Receivable and Valuable Papers
- ACORD 149
Dealers Section
- ACORD 159
Schedule of Insurance
- ACORD 190
Supplementary Property
- ACORD 810 -
Business Income, Extra Expense or Rental Value
- ACORD 811 -
Value Reporting Information Supplement to Property Section
- ACORD 60US
- Terrorism Coverage Rejection
- ACORD 63 -
General Fraud Statement.
The
ACORD 125
form is the basic insured information document. It is the first form to use for your general liability application. Information such as full business name and what coverages are being applied for are part of the ACORD 125.
The
ACORD 139 Statement of Values
is used when multiple locations owned or operated by the same insured will be included in an average or blanket rated property insurance policy.

The
ACORD 140 Property Section
form is used for basic property description and information on one or two locations.
The ACORD
145 Accounts Receivable and Valuable Papers is used if either or both
of these coverages are to be included in connection with a commercial property
policy.
The ACORD
149 Dealers Section is used to include inland marine coverage for the
merchandise of
- Camera dealers
- Equipment dealers
- Fine Arts dealers
- Musical Instrument
dealers
- Stamp and Coin
dealers
The ACORD
159 Schedule of Insurance form is used when multiple locations insured
on one policy but with separate limits (as opposed to blanket limits) are requested.

The ACORD
190 Supplementary Property form is used for additional underwriting
information if the property is suspected of being exposed to arson or other
fraudulent causes of loss.
The ACORD
810 Business Income, Extra Expense or Rental Value is used if these
coverages are to be included in the policy.

The ACORD
811 Value Reporting Information Supplement to Property Section is used
when a reporting form is to be used with the policy.

The
ACORD 60US Terrorism Coverage Rejection
allows your insured to reject Terrorism coverage as a part of their commercial general liability coverage.

The
ACORD 63 is the General Fraud Statement.
You should have each insured sign this as a matter of course.
Many states have their own state specific Fraud form. If the state the insured exposure is in has a specific state exception form, you should use that state's exception form.

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