Wednesday, August 27, 2014

Instructions for ACORD 24 Certificate of Property Insurance

How to Complete the ACORD 24 Certificate of Property Insurance


Instructions for ACORD 24 Certificate of Property Insurance

DATE - enter the date you complete this form.

PRODUCER INFORMATION - enter your agency's name and address.

ACORD 24 Insured Information

INSURED - enter the insured's name and address.

INSURED CONTACT INFO

CONTACT NAME - the name of the contact person for this insured.

PHONE (AC, No, Ext) - The contact person's phone number. A/C stands for area code. No stands for number. Ext stands for extension.

FAX (A/C, No) - The contact person's FAX number. A/C stands for area code. No stands for number.

E-MAIL ADDRESS - Enter the contact person's email address.

PRODUCER CUSTOMER ID - If your agency management system uses Customer and Producer numbers for accounting purposes - especially for commission payment to you - enter those numbers here.


INSURER(s) AFFORDING COVERAGE

ACORD 24 Certificate of Property Insurance Carrier Info
INSURER A: INSURER B etc, - List the name of the insurance carrier providing coverage. Use the actual masthead name - not the group name. For instance, The Travelers is a holding company which owns several insurance carriers - mastheads. One of those carriers owned by The Travelers is Charter Oak Insurance Company. You should enter Charter Oak instead of The Travelers.

NAIC# - 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/


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