ACORD 25
ACORD 25 is the standard certificate of liability insurance form used across the U.S. insurance industry. It summarizes a policyholder's liability coverage, including general liability, auto, umbrella and workers' compensation, with the insurers, policy numbers, limits and dates, on one page that lenders and landlords can review quickly.
Why the ACORD 25 matters
Because the layout is the same regardless of insurer, the ACORD 25 lets lenders and landlords compare liability coverage across many borrowers and tenants quickly. It is often the first document requested to confirm that a borrower carries the required liability limits.
The form is for information only. It states that it does not amend, extend or alter the coverage in the underlying policies, so reviewers confirm critical items, such as additional insured status, through the policy endorsements.
The ACORD 25 covers liability only. Property coverage, which protects the building that secures a loan, is shown on separate ACORD property forms.
ACORD 25 vs. ACORD Property Certificates
The ACORD 25 certifies liability coverage, which pays claims for injuries or damage the insured causes to others. ACORD property certificates show coverage for the building itself and list the lender as mortgagee or loss payee. Lenders usually need both.
How Smart Capital Center handles ACORD certificates
Smart Capital Center's AI agents read ACORD 25 certificates and property certificates in the formats they arrive, pull out insurers, limits and dates, and compare them against each loan's insurance requirements, flagging potential coverage gaps for review.
Frequently asked questions
What information is on an ACORD 25?
An ACORD 25 lists the producer or broker, the insured, the insurers providing coverage, and for each type of liability coverage the policy number, effective and expiration dates and limits. It also shows the certificate holder, whether additional insured or waiver of subrogation applies, and a description of operations or locations.
Does an ACORD 25 prove additional insured status?
Not on its own. The form can indicate that additional insured status applies, but the actual rights come from an endorsement to the policy. Lenders and landlords who need additional insured status request the endorsement itself to confirm the coverage is in place.
Who issues an ACORD 25?
The insured's insurance agent or broker usually issues the certificate on behalf of the insurers. It is typically requested by a lender, landlord or business partner and names that party as the certificate holder, and a new certificate is issued each time the policies renew.