Certificates

ACORD 27, Evidence of Property Insurance

Last updated: 2026-04-09

What is ACORD 27?

The ACORD 27 provides evidence of property insurance coverage to interested third parties, typically mortgage lenders or loss payees. It is the property equivalent of the ACORD 25 for liability, a snapshot showing that coverage exists without modifying the policy.

Lenders require this form to confirm their financial interest is protected. The form includes the loss payee clause details and the specific property covered.

When do brokers use ACORD 27?

Issued whenever a lender, mortgagee, or loss payee requires proof of property coverage. Most commonly used for residential and small commercial properties with mortgage financing. Also used when landlords require tenants to show contents/improvements coverage.

Key fields explained

Property Information

Location address and description of the insured property.

Coverage

Perils insured against, deductible amount, and coverage amount.

Mortgagee/Loss Payee

Lender name, loan number, and loss payee clause type (standard vs open).

Policy Details

Policy number, carrier, effective and expiration dates.

Common mistakes to avoid

Incorrect loan number or mortgagee clause, lender will reject and require reissuance

Using ACORD 27 when ACORD 28 is required for commercial properties

Not including the correct loss payee clause language specified by the lender

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