Submissions
What Makes a Commercial Insurance Submission Complete
A complete commercial insurance submission has everything the underwriter needs to issue a quote without sending an additional information request. That is the standard. Anything short of that means the underwriter must pause, contact the agent, wait for a response, and restart their review — adding days or weeks to the quoting process. Here is what a complete commercial submission contains for each major coverage line.
Universal requirements (all coverage lines)
✓ACORD 125 — fully completed with named insured, FEIN, business address, prior carrier, and coverage history
✓Loss runs from prior carrier — typically 5 years, 3 years minimum
✓Prior policy declaration page
✓Submission cover note or email specifying requested coverage and limits
✓Effective date and prior expiration confirmed
GL (commercial general liability)
✓ACORD 126 — GL class codes, revenue, all premises locations, description of operations (specific, not generic)
✓Subcontractor cost (for contractor accounts)
✓Products sold description (for accounts that manufacture or distribute physical goods)
✓Carrier-specific supplementals (contractor, restaurant, garage, etc.) if required
WC (workers compensation)
✓ACORD 130 — payroll by class code, officer list with election/exclusion, state(s) of operation
✓Current EMR (Experience Modification Rate) and NCCI/state bureau publication date
✓Prior WC carrier for each of the last 3 years (not just current carrier)
✓Description of business operations and employee job functions
Commercial property
✓ACORD 140 — all locations, construction type (ISO code), year built, system update dates (roof, plumbing, electrical, HVAC)
✓Protection class (ISO PPC) — verified, not estimated
✓Building replacement cost value — not market value or assessed value
✓Business personal property value and business income limit requested
Commercial auto
✓ACORD 137 — complete vehicle schedule (year, make, model, VIN, garaging zip)
✓Driver list — all drivers with license numbers and states
✓MVRs (motor vehicle reports) — especially for any driver with violations or accidents
✓Description of vehicle use (delivery, service, transport, etc.)
Submit complete, every time
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