Acord 70 Form – Personal Policy Change Request (Except Auto)

Why is the ACORD 70 Fillable Form Important?

This form ensures clarity, accuracy, and efficiency for policyholders and insurers. The following scenarios will explain its importance in the insurance industry.

Accurate Policy Adjustment

This form provides a clear structure for documentation, reduces the risk of miscommunication, and ensures that all changes are processed accurately.

Ensures Timely Updates to Coverage

It helps in organizing information and reduces delays due to incompletion.

Standardization

This form benefits all involved parties, including policyholders, agents and brokers, and insurance companies.

Reduces Processing Errors

This legal form helps reduce the risk of error by providing necessary information and a structure for requesting information so that the insurer can approve it quickly.

How To Obtain a Fillable ACORD 70 Personal Policy Change Request Form

Contact Insurance Agent

It is essential to consult with your insurance provider to arrange a meeting. Gather all necessary information to complete the form. Later, provide this form to your agent and ask him/her to complete this form to make essential changes in the policy. These changes ensure proper coverage to validate this form.

Official Website

You can also get this policy-changing application by visiting Acord’s official website. Visit the site, search for the required form, and save it. Later, fill it out online and click the print button to get this form instantly.

Third-Party Website

Most third-party websites offer insurance forms to fulfill the basic needs of your personal and professional life. Meanwhile, Forms Dude offers all insurance forms on its homepage. Simply type www.formsdude.com in any web browser. Click the “Insurance Forms” category or type the form’s name (Acord 70 Form) and click the download button to save it on your device. In addition, you can fill it out online here and get the printout immediately.

Step-by-Step Instructions for Filling Out the Blank Acord 70 Form

The following step-by-step instructions will guide you to complete this form:

1- Agency Information

In this section, write the address of the agency. Also, write the agent’s full name, contact number, fax number, email address, code, subcode, and customer’s ID number.

2- Insurer Information

In this section, write the name and mailing address of the insurer. The address must contain the street, city name, state name, and city’s postal code. Also, write the policy type, effective change date, effective policy date, and expiration date.

3- Carrier Information

In this section, write the policy number, agency account number, NAIC (National Association of Insurance Commissioners) number, billing, payment plan, and payment method.

4- Coverages/ Limits of Liability

In this section, you must write the types of coverage, type of change, limit amount, premium amount, deductibles, and percentage.

5- Optional Coverages – Endorsement

Write the liability coverage types, change type, coverage information, form number, form date, and premium amount.

6- Rating/Underwriting

In this section, write the comprehensive details of the property. It includes construction type, course of construction, housekeeping condition, protection device type, distance from a fire station, usage type, occupancy, wiring, and electrical systems.

7- Homeowner/Dwelling Fire Rating/Underwriting

In this section, write the building details, residence type, dwelling location, rating, swimming pool, and roof construction details.

8- Mobile Home Rating/Underwriting

In this section, you must write the year, make, model, length, width, ID number, mobile home owner name, date, and foundation construction details.

9- Additional Interest

In this section, write the additional interest’s name and mailing address, type of interest, interest in item number, item description, and loan number.

10- Personal Inland Marine/Schedule of Property

You must write the type of change, number, property description, purchase appraisal date, and amount of insurance.

11- Watercraft Coverage/Limits of Liability

Write the amount of hull, motor 1, motor 2, portable accessories, trailer, liability, medical payments, uninsured boaters liabilities, and deductibles.

12- Personal Umbrella Coverage/Limits of Liability

In this section, write the policy amount, retention, automobile, personal liability, watercraft, and recreational vehicle amount.

13- Signature

In the last section, write the producer’s name, state producer’s license number, and national producer’s number. Also, get the producer’s and applicant’s signatures with a date.

Additional Details to Consider While Filling Out Acord 70 Form

These additional details are beneficial in policy coverage and claim process:

Double Check for Errors

It is essential to check all fields of the forms after completion to ensure all information is present for smooth coverage.

Be Proactive

You must submit the completed application as soon as possible to start the process.

Communicate Clearly

You must provide enhanced information in the form to communicate clearly. Also, provide additional information in the section.

Keep Records

After submission, you must keep a proper record of all documents, including this form. This will help you provide proof later.

FAQs

What is the Acord 70 Form Used For?

It is a standard requesting application form often required in the insurance industry. It is mainly used for personal policy change requests rather than auto insurance.

Do I Need to Pay a Fee for Submission of Acord 70?

You don’t need to pay a fee to submit this form. If your insurance agent asks for a fee, consult the insurance company.

How Long Does it Take to Process an Acord 70?

It depends on the insurer and the nature of the policy. However, it takes a few days to a few weeks to process.

Do I Need to Provide Supporting Documents with the Acord 70?

Yes, it is often required in some scenarios, such as a marriage certificate or proof of property ownership.