ACORD 211: Schedule of Hazards Explained

ACORD 211 is the Schedule of Hazards used to continue the classification and exposure schedule from a general liability or business owners application. Each row connects an operation or premises exposure with its location, class code, premium basis, and reported amount. It is rating information, not a coverage grant.

Why is ACORD 211 attached?

The standard application may not have enough rows for every location and operation. Oklahoma's insurance regulator described ACORD 211 as a Schedule of Hazards that may be used with ACORD 126 or ACORD 160 when it reviewed the new 2016/09 form.^[1] The attachment keeps the overflow tied to the same applicant and effective date.

What information appears on the schedule?

The schedule records location and hazard identifiers, class code, classification description, premium basis, exposure, territory, rate, and premium. The current Vertafore sample of ACORD 126 points to ACORD 211 when more hazard space is required and shows bases such as sales, payroll, area, total cost, admissions, and units.^[2] A restaurant with delivery, a building owner with parking, or a contractor with several kinds of work may need more than one row.

What should a business owner verify?

Match each location to the operations actually performed there. Then verify the exposure period and unit. Annual sales should not be entered as payroll, and square footage should not be entered as a raw building value. Compare the schedule with the business description, contracts, payroll reports, and projected revenue used elsewhere in the submission. Ask about abbreviations you do not recognize before signing.

Does the schedule determine premium or coverage?

It supplies inputs used in rating, but it does not guarantee the final classification, rate, or premium. An underwriter may request more detail, revise a class, or audit an exposure after the policy period. The issued declarations and policy forms determine coverage. Keep the completed schedule so you can compare it with the quote and later audit records.

Where can you obtain ACORD 211?

Eligible users can search ACORD's Forms Portal for current forms.^[3] Use the edition supplied by the agency or authorized system rather than a downloaded copy from an unknown site.

The Bottom Line

ACORD 211 extends the hazard schedule when an application needs more classification rows. Confirm each location, operation, class description, and exposure basis. Save the final schedule, but rely on the issued policy for coverage.

This guide is educational and describes ACORD 211 in original language. Menlo Insurance Services is not affiliated with ACORD Corporation. The insurer's documents control.