Why are ACORD insurance forms needed?

A:Quick AnswerACORD, or the Association for Cooperative Operations Research and Development, is a non-profit organization that develops standard forms used by insurance agencies and companies, according to its website. Contractors and other businesses are often required to produce a completed "ACORD Form 25: Certificate of Liability Insurance" in order to be eligible to bid on or perform work on projects, according to The Graham Company. Continue Reading ACORD Forms provide evidence to a third party that the named insured is covered by insurance.

Category: Auto Insurance

Car Insurance in Canada | DMV.org

Car Insurance in Canada If you’re thinking of taking a trip up to Canada and you know you’ll be driving, international car insurance is probably on your mind. It’s important to know the basics when it comes to car insurance for foreign drivers in Canada. Whether you’re driving your own car or renting a vehicle in Canada, there are several factors to consider. Determining Your Coverage Car insurance in Canada is mandatory, regardless of whether you’re driving your personal vehicle or renting one. So if you’re planning on driving in and around the country, make sure you obtain car insurance for driving in Canada, or expect to pay a large fine.

Category: Auto Insurance

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