ACORD 127

Templates

ACORD 127

All

Insurance

Use this template

Datapoint

Description

This is some text inside of a div block.

Vehicle Schedule

List of all insured vehicles, including make, model, and usage.

Vehicle Identification Number (VIN)

Unique identifier for each insured vehicle.

Garaging Location

Address where each vehicle is primarily stored when not in use.

Vehicle Use Type

Classification of vehicle usage (e.g., service, retail, commercial).

Liability Coverage Limits

Amounts of liability insurance selected for each vehicle.

Physical Damage Coverage

Indicates if comprehensive and/or collision coverage is applied.

Cost New / Vehicle Value

Original or current value of each vehicle, used for underwriting and claims.

Radius of Operation

Maximum distance vehicles typically travel from the garaging address.

Driver Information

Details about who operates each vehicle (linked to ACORD 163 if needed).

Ownership and Registration

Whether vehicles are owned, leased, or hired, and under whose name they are titled.

The ACORD 127 form is designed for business auto underwriting and fleet risk assessments, capturing comprehensive vehicle and driver information. Feathery’s AI extracts structured data such as vehicle schedules, VINs, garaging locations, and usage types, alongside financial details like cost new or current value. It also identifies liability limits, physical damage coverage, and operational radius, ensuring that insurers have the critical data needed for accurate risk evaluation and premium calculations.

This template is particularly valuable for insurers, brokers, and risk managers overseeing commercial fleets. Automating the extraction of ACORD 127 data minimizes errors, accelerates policy setup, and provides instant visibility into vehicle and driver exposures. By connecting driver and vehicle records and highlighting ownership and registration details, underwriters can efficiently assess liability, compliance, and overall fleet risk across large portfolios.

Related templates

ACORD 25

ACORD 26

ACORD 27