ACORD 65LA Instructions


ACORD 65 LA (2001/02) – Louisiana Homeowners Supplement- Loss Settlement – For Use With HO6

Louisiana law provides that, in cases of total loss to “inanimate, immovable property,” the limit of insurance used to determine the premium charge will be the amount used by the insurance company to calculate the loss payment, without any “deduction or offset, unless a different method is used in the computation of loss.” If a different method is used, both the
policy and the application for insurance must state the actual method of loss settlement.

The language in ACORD 65 LA is the language recommended by theProperty Insurance Association of Louisiana for use with Homeowner applications for HO6 coverage.

Use ACORD 65 LA with Homeowner Application, ACORD 80.

Note this form is now mandatory when submitting applications for this type of coverage to either the Louisiana Joint Reinsurance Plan or the Louisiana Insurance Underwriting Plan.