ACORD
Business & Finance abbreviation · Insurance
| Stands for | Association for Cooperative Operations Research and Development |
|---|---|
| Categories | Business & Finance |
ACORD stands for Association for Cooperative Operations Research and Development, an insurance abbreviation.
Nonprofit standards organization for the insurance industry that publishes data standards and the standardized forms used across the US, such as the ACORD 25 certificate of liability insurance.
Example: Fill out an ACORD 125 application for the commercial package quote.
Usage notes
Founded in 1970. Agents commonly refer to forms simply by number, such as "an ACORD 25" or "an ACORD 27."
Related abbreviations
More insurance abbreviations
- ACV – Actual cash value
- AD&D – Accidental death and dismemberment insurance
- AI – Additional insured
- ALE – Additional living expenses
- AOP – All other perils
- BI – Bodily injury liability
- BOP – Business owner's policy
- CAR – Contractors' all risks insurance
- CAT – Catastrophe
- CDW – Collision damage waiver
- CGL – Commercial general liability
- CLUE – Comprehensive Loss Underwriting Exchange