An ACORD form for calculating the replacement cost of a residential dwelling using the Boeckh square foot method. This form is used by insurance agents to determine how much coverage should be written when an application is submitted, and by insurance claims adjusters after a loss when checking the adequacy of coverage per the coinsurance clause.
Diminution in value is claimed when the value of a damaged, but repaired, item is less than the value before the loss. Subrogation professionals should be aware of when and how the laws of each state deal with diminution of value. This chart is a summary of how the first-party issue is treated in all 50 states.
Property Loss Notice form from ACORD.
The adjuster and the policyholder list and assess the inventory of flood-damaged personal property on this form.
This form provides FEMA with information regarding substantial damage, mitigation measures, repetitive loss and cost associated with compliance to floodplain management ordinances.
This form is used by the policyholder to make their statement of the amount for an Increased Cost of Compliance claim with sworn details of loss.
This form is used by the adjuster to record information to determine the replacement cost and actual cash value of a manufactured (mobile) home.
This form is a continuation of the Manufactured (Mobile) Home/Travel Trailer Worksheet and is used by the adjuster to record information to determine the replacement cost and actual cash value of a manufactured (mobile) home.
This form is used to document the full repair or replacement cost of an insured property.