How to Complete the ACORD 126 Commercial General Liability Section

ACORD 126 Commercial General Liability Section

The ACORD 126 is attached or added to the ACORD 125 when the coverage for which you are applying is commercial general liability insurance.

DATE: In the top right hand corner of the form you should enter the date you are completing this form and sending it to your underwriters.

AGENCY / CARRIER / POLICY / APPLICANT INFORMATION

AGENCY: This is your agency's name. If you are using our Cap Dat ACORD system, this field will have pre-filled from the information in the ACORD 125 if you have combined these forms into a single form.

CARRIER: This is the carrier to whom you are sending the application. If you are sending the application to more than one carrier, you may leave this blank so you don't alert each carrier to their competition.

If you are using our Cap Dat ACORD system, this field will have pre-filled from the information in the ACORD 125 if you have combined these forms into a single form.

NAIC CODE:  NAIC stands for the National Association of Insurance Commissioners.

Here is their website home page...

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

You can learn more at this earlier post we made - http://simply-easier-acord-forms.blogspot.com/2014/03/what-is-naic-code.html

If you are using our Cap Dat ACORD system, this field will have pre-filled from the information in the ACORD 125 if you have combined these forms into a single form.

POLICY NUMBER: If you are sending in a new application you will not have a policy number so you will leave this blank.

If you are sending in a renewal application this will be the policy number for this policy's current term.

If you are using our Cap Dat ACORD system, this field will have pre-filled from the information in the ACORD 125 if you have combined these forms into a single form.

EFFECTIVE DATE: This would be the date you want this policy to begin. If you are using our Cap Dat ACORD system, this field will have pre-filled from the information in the ACORD 125 if you have combined these forms into a single form.

APPLICANT / FIRST NAMED INSURED: This is the applicant name from the ACORD 125. If you are using our Cap Dat ACORD system, this field will have pre-filled from the information in the ACORD 125 if you have combined these forms into a single form.

I hope this helps you learn how to complete the ACORD 126 commercial general liability section.

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