Extract data from ACORD 139 (2004/03) - Statement of Values. Get data in JSON format to autofill another form, store in a database or convert to AL3 using WinsurTech solutions.
The ACORD 139 (2004/03) - Statement of Values (SOV) form is used in property insurance to document the insured values of properties, buildings, contents, and equipment covered under a policy. It provides a comprehensive breakdown of values by location, detailing each property's address, type, and itemized valuations. Key sections include specific values for buildings, personal property, equipment, and a total insured value (TIV) summary, which aids insurers in setting accurate premiums based on risk. This form is essential for ensuring that each insured asset is appropriately valued and aligns with policy limits, helping both the insurer and policyholder maintain clear records for effective coverage and risk management.