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Commercial Applications

What are ACORD Forms?

ACORD (Association for Cooperative Operations Research and Development) forms are the insurance industry's standardized documents used by agents, brokers, carriers, and policyholders across the United States. These forms create a universal language for exchanging insurance data, streamlining everything from policy applications to claims reporting.

Founded in 1970, ACORD maintains hundreds of standardized forms covering personal lines, commercial lines, life insurance, and reinsurance. Using ACORD forms ensures consistency, reduces errors, and speeds up the insurance workflow between all parties involved.

The most commonly used forms include the ACORD 25 (Certificate of Liability Insurance), ACORD 125 (Commercial Insurance Application), and ACORD 35 (Cancellation Request). Insurance professionals use these forms daily to process applications, issue certificates, report claims, and manage policies.

Frequently Asked Questions

What are ACORD forms?

ACORD forms are standardized insurance industry forms created by the Association for Cooperative Operations Research and Development. They provide a universal format for exchanging insurance data between agents, brokers, carriers, and policyholders across the United States.

Which ACORD form do I need for a certificate of insurance?

For liability coverage, use ACORD 25 (Certificate of Liability Insurance). For property coverage, use ACORD 24 (Certificate of Property Insurance) or ACORD 28 (Evidence of Commercial Property Insurance). ACORD 27 is used for personal property evidence.

How do I cancel an insurance policy using ACORD forms?

Use ACORD 35 (Cancellation Request / Policy Release). This form allows you to specify whether you are requesting a cancellation or releasing the policy. You will need to provide the policy number, effective date, cancellation date, and reason for cancellation.

What is the difference between ACORD 125 and ACORD 126?

ACORD 125 is the general Commercial Insurance Application that collects basic business information. ACORD 126 is the Commercial General Liability Section, a supplemental form that captures detailed liability-specific information. You typically need ACORD 125 plus the relevant section forms (126, 127, 130, 140, etc.) for a complete submission.

What ACORD form do I need to report a claim?

It depends on the type of claim: ACORD 1 for property losses, ACORD 2 for automobile losses, ACORD 3 for general liability claims, and ACORD 4 for workers compensation first report of injury.

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