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In this tutorial, Josh Nordine explains the purpose of Form 127, which operates alongside Form 137. While the 137 details coverage for vehicles, the 127 specifies which vehicles are covered and addresses various eligibility questions. Form 127 is non-state specific and applicable for any commercial auto, whereas Form 137 varies by state, affecting aspects like personal injury protection and medical payments. Josh invites viewers to subscribe for more videos on forms and agency best practices as he begins filling out Form 127.