Yes! You can use AI to fill out ACORD 147 (2001/02), Installation/Builders Risk Section
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What this form asks for
The AI fills all of it, from your answers or your documents.
The AI checks your answers before you download
14 checks built for this form, so a wrong date or a missing answer is caught before anyone else sees it.
This validation confirms that the 'Proposed Expiration Date' is chronologically later than the 'Proposed Effective Date'. A policy cannot expire before it begins, so this check ensures a valid and logical policy term. If this check fails, the policy term is invalid, which would lead to incorrect coverage periods and billing cycles, requiring manual correction.
This check ensures that all date fields, such as 'Form Date', 'Proposed Effective Date', and 'Completion Date', adhere to the MM/DD/YYYY format. Consistent and valid date formatting is crucial for accurate data processing, policy term calculation, and system integration. An invalid format would cause the submission to be rejected or require manual correction.
This validation checks that if the 'Earthquake' checkbox is selected as a cause of loss, then the corresponding 'Earthquake Deductible' and 'Earthquake Sub-Limit' fields must contain valid monetary values. This is important for defining the terms of the coverage accurately. Failure to provide these values would result in an incomplete and un-rateable policy submission for that specific peril.
This validation ensures that if the 'Flood' checkbox is selected, the 'Flood Deductible' and 'Flood Sub-Limit' fields are populated with monetary values. Similar to earthquake coverage, these values are essential for defining the policy's financial terms and risk exposure. An incomplete submission for this peril would prevent the policy from being issued correctly.
This rule verifies that if an 'Additional Interest - Certification Required' checkbox is ticked, the corresponding 'Name & Address' and 'Interest' fields for that party are also filled out. It is critical to know who the additional interest is and what their relationship to the policy is (e.g., mortgagee, lienholder) when a certificate is requested. Missing this information would prevent the generation of a valid certificate and could lead to compliance issues.
This check verifies that for both Residential and Commercial job types, the 'Average' cost or value is numerically between the 'Minimum' and 'Maximum' cost or value. This ensures the data provided is logical and internally consistent. An average value that is lower than the minimum or higher than the maximum indicates a data entry error that needs correction for accurate risk assessment.
And 8 more checks
- Ensures Transportation Method Percentages Sum to 100%
- Verifies Applicant Name is Provided
- Validates Producer Phone and Fax Number Format
- Ensures Job Completion Date is after Commencement Date
- Ensures Gross Installation Receipts are Provided
- Requires at least one Coverage Type Selection
- Requires at least one Cause of Loss Selection
- Validates all monetary fields contain valid currency values
Let AI fill out your ACORD 147
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How to Fill Out ACORD 147 Online for Free in 2026
What the AI walks you through.
- Navigate to Instafill.ai and upload or select the ACORD 147 form.
- Provide applicant, producer, and policy information in the top section, including names, contact details, and proposed effective dates.
- Select the desired coverage (Installation or Builders Risk) and specify the Causes of Loss (e.g., Basic, Special, Flood) along with deductibles and coverage limits.
- Complete the 'Open Reporting Form' section with details about the applicant's general operations, including territory, receipts, and typical job values.
- If applicable, fill out the 'Specific Job' section on the reverse side with details about a particular project, including contract amount, job description, and timeline.
- List any Additional Interests, such as mortgagees or lienholders, and indicate if certification is required.
- Review all the information populated by the AI for accuracy, make any final adjustments, and then download, print, or submit the completed form.
Common Mistakes in Completing ACORD 147
The ones the AI is built to catch.
Incomplete 'Causes of Loss' Section
Vague Operational and Security Descriptions
Inconsistent Financial Data Across Sections
Missing 'Interest' for Additional Interests
Confusing 'Open Reporting' with 'Specific Job' Data
Incorrectly Estimating Gross Receipts
Ambiguous 'Operating Territory' Description
Forgetting Transportation Risk Details
Conditional Field Errors for Additional Interests
Leaving Key Coverage Limits Blank
Frequently Asked Questions About ACORD 147
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What is the difference between checking 'Installation' and 'Builders Risk'?
How do I fill out the 'Gross Installation Receipts' section?
What information is needed for the 'Jobs/Values' section?
What is an 'Additional Interest' and why is it required?
What should I include in the 'Describe all hoisting or other operations requiring rigging' section?
What is the difference between the 'Open Reporting Form' and 'Specific Job' sides of the form?
What are the 'Causes of Loss' options like Basic, Broad, and Special?
What kind of information is needed for 'Job Site Security'?
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installation risk forms: ACORD 147, Installation / Builders Risk Section

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