Acord 823 Form Fillable – Additional Premises Information Schedule

Why is the ACORD 823 Fillable Form Important?

This form provides accurate and easy-to-verify information for all additional locations tied to the policy. However, the following scenarios improve its importance in the insurance industry.

Risk Assessment

Insurance providers rely on the information on the form to analyse the risk assessment. This form also helps insurers calculate premiums for all additional insured properties.

Efficient Documentation

This form helps maintain efficient documentation for managing a business’s multiple location properties.

Compliance with Legal Terms

The information provided on this form helps prevent claim denials by disclosing all locations associated with the insured business.

How To Obtain a Fillable ACORD 823 Additional Premises Information Schedule Form

Contact Insurance Agent

You must ask your insurance agent for the additional premises information schedule form. Provide him/her with all the crucial information about the business premises, and he/she will create this form to ensure complete insurance policy coverage. Ensure all the forms are filled out accurately before submission.

Official Website

Acord’s official website offers all the insurance forms quickly. Simply visit the site and search for the form’s number or name on the homepage. Then, click the download button to save this form on your device.

Third-Party Website

You can also quickly obtain all insurance forms from a third-party website (Forms Dude). To visit the homepage, you must type www.formsdude.com on the Google web browser. Then, tap on the “Insurance Forms” icon to visit the page. Type the required form’s name (Acord 823 Form) in the search bar. Click the download button to save or to get a print of the form, press the print button.

Step-by-Step Instructions for Filling Out the Blank Acord 823 Form

You can now fill out this form on your own with the instructions given below:

1- Agency Information

You must write the agency’s name, insured’s name, NAIC (National Association of Insurance Commissioners) number, policy number, and effective date in this section.

2- Premises Information

This section briefly describes the individual premises details in the given format. Write the location number, building number, street address, city name, state name, county name, and city’s postal code. Also, mention the city limit, interest, number of employees (Full time), and area coverage details with the premium amount.

3- Attach and Submit

Attaching this supplementary form with the primary insurance form and submitting it to the authorised representative is essential.

Additional Details to Consider While Filling Out Acord 823 Form

The following additional details will help you to fill out this form correctly:

Maintain a Property Inventory

Gathering all critical information and creating a list of updated property inventory, such as size, value, and usage, is essential for filling out this form correctly.

Consult Your Agent

You must consult your insurance agent to help you understand the policy and fill out this form. Moreover, you must regularly review the form in case of any information updation.

Transparent Communication

Always ensure transparent communication with insurers to build trust and cover all premises.

FAQs

What is the Acord 823 Form?

It is a supplementary document approved by the Association for Cooperative Operations Research and Development. It often lists all the additional premises with a policyholder’s insurance coverage.

When Should the Acord 823 be Submitted?

Submitting this supplementary form to purchase a new policy or update the policy by adding or removing premises is essential.

What Happens if I Forgot to List a Property?

Unfortunately, if you forget to list a property on this form, the claim may be denied for that specific property location.

Is the Acord 823 Required for Personal Insurance?

No, this form can only be used for additional commercial or business-related insurance policy coverage.