ACORD Forms
ACORD 148: Electronic Data Processing Section
The ACORD 148 is the electronic data processing section of the commercial inland marine application. It treats computer systems as their own class of property: the hardware, the media and data on it, and the income hit if the systems go down. It attaches to the ACORD 125 as part of a commercial submission.
What it is
The ACORD 148 is the electronic data processing section of the commercial inland marine application. It treats computer systems as their own class of property: the hardware, the media and data on it, and the income hit if the systems go down. It attaches to the ACORD 125 as part of a commercial submission.
EDP coverage exists because computer equipment fails in ways buildings do not: power problems, climate control failures, and data loss that ordinary property forms handle poorly. The 148 splits the exposure into owned equipment, leased equipment, equipment in transit, media and data, and extra expense or business interruption, so each piece gets its own limit and its own questions.
When it's used
- Accounts whose operations ride on computer systems: medical practices with diagnostic equipment, design firms, any office where the servers matter more than the furniture.
- Commercial inland marine submissions where EDP coverage is quoted alongside property.
- Renewals after a hardware refresh, since the schedule and the values change with the equipment.
Section-by-section walkthrough
Named insured and policy information
Producer, insured, and basic policy details, matching the attached ACORD 125.
Coverage summary
Limits and deductibles across the EDP categories: owned equipment, leased equipment, equipment in transit, media and data, and extra expense or business interruption.
Watch for: Covering the hardware and forgetting the data. Re-creating what was on the machine usually costs more than replacing the machine.
Equipment schedule
Each scheduled item with manufacturer, model, serial number, and value.
Watch for: Serial numbers missing, which turns a theft claim into an argument about what existed.
Premises information
Construction type, protection class, number of stories, and year built for the buildings where the equipment lives.
Protection and environment
Where the computer room sits, fire suppression, alarms, and exposure questions such as flood and earthquake.
Watch for: A server room in a basement with the flood question answered no. Location and exposure answers need to agree.
Risk management questions
Backup procedures, disaster recovery arrangements, warranty status, and how equipment ships when it moves.
Watch for: Backup answers written aspirationally. If backups are not tested, say so; the answer is part of the application.
Additional interests
Lessors and lenders with an interest in the equipment.
Watch for: Leased equipment listed as owned with the lessor nowhere on the form.
Signatures
Producer and insured signatures and dates.
In Relay
ACORD Generation is live in Relay. It drafts the ACORD 148 from the client record and the documents you already have, and a person reviews every field before anything goes out. See how →
Common errors
- Media and data coverage skipped while every limit goes to hardware.
- Leased equipment mixed into the owned schedule with no lessor interest noted.
- Values entered without settling the valuation basis, so nobody knows if the schedule is replacement cost or actual cash value.
- Backup and disaster recovery questions answered with intentions instead of facts.
- Business interruption requested with no realistic thought about how long replacement and restore would take.
Common questions
Does an account with cyber insurance still need EDP coverage?
They answer different losses. Cyber responds to breaches, attacks, and the liability that follows. EDP is property coverage for the physical systems and the data on them: fire, water, theft, power problems. A ransomware event and a burst pipe over the server room are different claims.
What belongs on the ACORD 148 versus the ACORD 140?
The 140 covers business personal property generally. The 148 breaks computer systems out for their own limits, valuation, and underwriting questions. Accounts with meaningful hardware and data usually split it out so the coverage matches the exposure.
Can Relay draft the ACORD 148?
ACORD Generation is live in Relay. It drafts ACORD forms from the client record and documents you already have, and a person reviews everything before it goes out.
Related forms
Part of the Relay ACORD form library. Updated 2026-07-11. See how we source content.
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