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Get Statement Of Values Form
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How to fill out the Statement Of Values Form online
This guide provides clear and detailed instructions on completing the Statement Of Values Form online. Designed for users with varying levels of experience, this resource aims to make the process straightforward and accessible.
Follow the steps to successfully complete the form
- Click the ‘Get Form’ button to access the Statement Of Values Form and open it in your preferred online document editor.
- Fill in the 'Date' field to indicate when you are completing the form. This helps establish the timeline for the values presented.
- Complete the 'Name Insured' section with the full legal name of the person or entity covered under the insurance policy.
- Provide the 'Producing Agent's' name—the agent who facilitated your insurance policy. This detail is crucial for contact purposes.
- In the 'Address of Property' section, enter the complete address of the property being insured. Ensure accuracy to avoid any policy issues.
- Select whether the coverage will be on the 'Replacement Cost (RC)' or 'Actual Cash Value (ACV)' basis. Make sure to understand the difference between these two options.
- Fill out the 'Officers Name' section, where the authorized individual will state their name. This person typically holds a leadership role within the insured entity.
- Once all sections are filled, review the document for accuracy. You can then save changes, download, print, or share the completed form as needed.
Start filling out your Statement Of Values Form online today for a streamlined and hassle-free process.
A statement of values (SOV) is a report that an insured submits to an insurer. It details the amount each property that will be covered under a policy is worth.
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