ACORD 61 LA (2001/05)

Section Name
Field Name
Field and/or Section Description
TITLE
ACORD 61 LA (2001/05)
Louisiana Homeowners
Supplement - Loss Settlement -
For Use With HO4
ACORD 61 LA, Louisiana Homeowners Supplement - Loss
Settlement - For Use With HO4, complies with Louisiana law which provides that, in cases
of total loss to inanimate, immovable property, the limit of insurance used to determine
the premium charge will be the amount used by the insurance company to calculate the
loss payment, without any deduction or offset, unless a different method is used in the
computation of loss. If a different method is used, both the policy and the application for
insurance must state the actual method of loss settlement.
The language in ACORD 61 LA is the language recommended by the Property Insurance
Association of Louisiana for use with applications for HO4 coverage. Use ACORD 61 LA
with Homeowners Application, ACORD 80 or ACORD 88, Personal Insurance Application,
Applicant Information Section and ACORD 89, Residential Section.
Note this form is now mandatory when submitting applications for this type of coverage to
either the Louisiana Joint Reinsurance Plan or the Louisiana Insurance Underwriting
Plan.
ACORD 61 LA (2001/05) rev. 01-13-2009
1 of 1