ACORD forms are the industry standard for collecting and sharing information between agents, carriers, and insureds. While most people are familiar with the main ACORD forms like ACORD 125 (Applicant [...]
What is Property Damage Liability and in which AL3 group its details can be found in Personal Lines policies? Which elements are important in this group to get the details?
PROPERTY DAMAGE LIABILITY: Automobile insurance covers property damage liability. If the person (insured) is at fault who caused damage to another person's property or vehicle, it helps in covering [...]
