What is a COI? (Certificate of Insurance)

Certificate of Insurance

 

A certificate of insurance is a document that says you have insurance. 

This can be generated by your insurance provider by either a rep or a company itself.

The time it takes to do this should be immediate and can be done with complete ease. Insurance Broker Resources can get you a COI very quickly.

A certificate of insurance example

When do you need a COI?

 

When you find yourself trying to get business anyone could ask for one.

-Sometimes if you are a vendor such as a food truck, 3-d printer, or a tradeshow person at an event, a event will have you get a COI.

-Sometimes if you are going to work for another company as a contractor. Such as in construction or even in sales, The company will require you to have your own insurance.

 

 

This is to protect if anything were to happen and you were to get sued.

What to do when a COI is required?

When you need to get a COI for a company you should ask for an example COI. They should be able to give you something similar to the document provided above with requirements of their liability limits as well as the address and the name of the company that needs to be put on file. 

 

Once you get the types of policies that are required by the company and the minimum limits they want you to have on those policies, you also get the name of the company and the address and an insurance agent or company should be able to get you a COI or certificate of insurance very quickly as long as you have the insurances in place!

Conclusion

Sign up for insurance through IBR – Insurance Broker Resources if you want quick procurement of COI’s for your company as well as some of the most expert business consultation and guidance. Insurance Broker Resources is not only a top pick for businesses looking for insurance but also for expert informational insurance resources and insurance broker’s who want to work with an amazing independent brokerage with amazing commissions.

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