ACORD 70 (2007/10) Form – Personal Policy Change Request

ACORD 70 (2007/10)

Personal Policy Change Request (Except Auto)

Form Number:

ACORD 70 (2007/10)

Category:

Personal Lines

Last Updated:

October 2007

Page Count:

03 page

File Format:

PDF, Fillable PDF

Acord 70 PDF Form

Policyholders require the Acord 70 form to request that insurers change their personal insurance policies (except auto). The form allows insurance providers to add, change, or delete the coverage limits to ensure transparency. The change in the personal insurance policies, including homeowners, dwelling fire, inland marine, or umbrella coverage, fulfills the legal requirements.

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Benefits of Using the Acord Fillable 70 Form

Support Multiple Policy Types

The form allows policyholders to request multiple policy changes, including dwelling fire, homeowners, watercraft, mobile home, and marine inland.

Facilitates Billing Adjustments

The amendment in the billing plans ensures feasible billing adjustments (direct bills).

Protects Additional Interest

The mortgages or insureds with loan details ensure transparency and protection.

Reduces Processing Errors

The accurate completion of the form reduces processing errors and minimizes miscommunication between insurers and agents.

Key Sections of the Acord 70 Form Fillable

Agency Information

Insurance agents or brokers’ details are included to ensure proper communication during the policy change request.

Insured Information

Provides the insured’s details to understand who is requesting the changes.

Policy Information

Records the insurance policy details to ensure that changes are made to a specific policy.

Change Request Details

The change in coverage/liability enhances communication and ensures a smooth claim process.

Additional Coverage

The additional coverage in the policy ensures coverage limits, construction details, or device protection.

Remarks and Signature

The policy changes’ additional remarks avoid miscommunication, and the authorized representative’s signature reduces fraudulent claims disputes.

How to Fill Out the Acord 70 Form?

  1. Write the agency’s name, address, contact details, and customer ID.
  2. Write the insured’s name, address, and account number.
  3. Mention the policy type, number, effective date, NAIC number, and expiration date.
  4. Write the specific changes, limits, and premiums.
  5. Mention the type of change, information, form number, date, and premiums for optional coverage types.
  6. Complete the homeowners, dwelling fire, mobile home, personal inland marine, watercraft, and umbrella coverage details.
  7. Write additional remarks to ensure transparent communication regarding changes.
  8. The authorized representative must sign the form to validate the process.
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Frequently Asked Questions

It includes mobile homes, homeowners, watercraft, umbrellas, inland marine, and dwelling fire policies.

Insurance agents, policyholders, and insurers need the form to update the policy, except for auto.

You can request the changes for additional insureds, billing plans, coverage limits, or dwelling details.

No, you can only request a personal insurance policy change in the form.

Yes, you can write the mortgagee’s name, address, and loan number in the additional interest section.

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