Sunday, December 7, 2014

Instructions ACORD 163 Commercial Auto Driver Information Schedule

Instructions ACORD 163 Commercial Auto Driver Information Schedule

The ACORD 163 Commercial Auto Driver Information Schedule is used to list additional drivers with the following other ACORD forms when these forms no longer have room for the list of insured drivers:


ACORD 127 Business Auto
ACORD 128 Garage and Dealers
ACORD 132 Truckers / Motor Carriers


BASIC INFORMATION

Instructions ACORD 163 Commercial Auto Driver Schedule

AGENCY CUSTOMER ID

As with all ACORD forms with more than one page enter your agency customer ID so this page will be able to find the rest of this application if somewhere, somehow in that thing we call the business cycle they get separated from each other.

DATE

This is the date you are completing this application. Enter the date as Day Day / Month Month / Year Year Year. This means you would enter Jan 1st 2015 as 01/01/2015.


Instructions ACORD 163

AGENCY CUSTOMER ID

As with all ACORD forms with more than one page enter your agency customer ID so this page will be able to find the rest of this application if somewhere, somehow in that thing we call the business cycle they get separated from each other.

DATE

This is the date you are completing this application. Enter the date as Day Day / Month Month / Year Year Year. This means you would enter Jan 1st 2015 as 01/01/2015.

AGENCY

Enter your agency's name here.

CARRIER

The insurance company underwriting this policy. This is the company listed on the DEC page of the policy.

NAIC NUMBER

NAIC stands for the National Association of Insurance Commissioners.

Here is their website home page...

http://www.naic.org/index.htm

They assign each insurance company a five digit code. You can search for any insurance company by name on their website at this page...

https://eapps.naic.org/cis/

POLICY NUMBER

Enter the policy number if one exists. If no policy number has been assigned yet enter TBD for to be determined. If you have a binder number enter that here.

EFFECTIVE DATE

This is the date this policy begins coverage.

NAMED INSURED

Enter the same as the Name on the preceding documents in this application. This is also the name which appears on the issued policy's declarations page.



DRIVER INFORMATION


Instructions ACORD 163 Driver Information


DRIVER# You should just list these in a 1,2,3 sequential order.

NAME CITY, STATE, and ZIP CODE The driver's name and address. This should be an exact match to the information on their driver's license.

SEX M for male, F for female.

MAR STAT Marital status is usually shown as M for married, S for single, D for divorced, W for widow or widower, etc. The note at the bottom of this section states "MARTIAL STATUS / CIVIL UNION (if applicable)". I do not know the indicator for civil union. I suggest a C.

DATE OF BIRTH It will be appreciated if you enter this in the DD/MM/YYYY format. Again, match the driver's license.

YRS EXP - Years of driving experience for this driver.

Here is a secret. You and I both know that if you subtract Year Licensed from this year, you will get the answer to Driver's YRS EXP. But sometimes we apparently have to help others with this type of math. Just do so in a kind way so you do not hurt your underwriter's feelings.

YR LIC - This is the year the license was issued.

DRIVERS LICENSE NUMBER/ SOCIAL SECURITY NUMBER Enter the complete driver's license number. If this is not available enter this person's social security number.

STATE LIC Enter the two character ID for the state which has issued this driver's license.

DATE HIRED This is the date this driver was originally hired by this business. It is fine to say month and year.

BROADENED NO FAULT This is a yes or no answer. Use Y or N.

DOC This stands for Driver Other Car coverage. This is a yes or no question, Use a Y or an N.

USE VEH # Enter the vehicle number from this application of the vehicle that this driver operates most often.

% USE Enter the percentage of the time this driver is the operator of the USE VEH you entered in the previous question. Example, if this driver uses vehicle 1 all the time enter 100%.

Repeat these entries for each additional driver. If you need more room use additional ACORD 163 forms until you have completed listing your drivers.


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