ACORD 137 IA (2002/10) – Iowa Commercial Auto, Coverages/Limits Section
Use this form to collect the coverage, limits and premium information necessary to write Business Auto, Truckers or Motor Carrier insurance in this state.
Use this form with ACORD 127, Business Auto Section, or ACORD 132, Truckers/ Motor Carrier Section.
The following are the specific differences in this state.
- Personal Injury Protection coverages are not available; this is not a “no-fault” state.
- Uninsured Motorists and Underinsured Motorists coverage sections include reference to “stacked” and “non-stacked” coverages; Uninsured and underinsured Motorists Property Damage coverages are not available.
- Statement added to the back of the form, referencing the state supplement, ACORD 61 IA, the offer of various Uninsured and Underinsured Motorists Bodily Injury coverage options, and the applicant’s right to select or to reject coverage entirely. If the insured decides to select “stacked” UM or UIM, or to reject either UM or UIM coverage, the state supplement must be signed by all named insureds on the policy.
- A state-specific privacy notice is added.