Expert Insurance Knowledge
myCOI is committed to providing you with the educational content necessary to better manage risk for your business. Check out our blog, case studies, and ebooks for valuable insight into industry trends and best practices.
Search Blog Articles
The Basics: Waiver of Subrogation
What is Subrogation? Subrogation is an important concept in the world of insurance that allows insurance companies to seek reimbursement from a third party who may be responsible for causing damage or losses to an insured party. In short, it allows the insurance company to “step into the shoes” of the insured and pursue legal […]
Learn More
Cutting Corners With Subcontractors and Vendors – What You Should Know
We want to start by saying this: less expensive subcontractors and vendors are not inherently bad. It could simply be that they choose to have lower price points strategically, or they have other reasons unbeknownst to us. That being said, it is important to pay close attention to all of your subs and vendors and […]
Learn More
The Rise of the (Electric) Machines
I was watching the local news the other night as I normally do after work. There was this story, a real tragic happening (I’ll spare the details), that involved several police officers. The b-roll contained several shots of the officers doing investigative work, and in the background, I couldn’t help but notice the police cruisers. […]
Learn More
Additional Named Insured vs. Additional Insured
A named insured is an important term in insurance, representing the policyholder who is being covered by an insurance policy. In this blog, as part of our ongoing Certificates of Insurance 101 blog series, we’ll be discussing the differences between a named insured, an additional named insured, and an additional insured. What Is An Insurance […]
Learn More
In a Recession, It’s More Expensive to Pay Less Attention
Everywhere you look, the signs all point the same direction: there are harder times coming. Depending on your source, the recession is coming or the recession is already here, but the evidence is already clear. Businesses, so many businesses, that were hiring new employees across 2021 and early 2022 have been laying them off in […]
Learn More
What Is A Surety Bond and Why You Need One
What Is A Surety Bond? A surety bond is a financial tool that is used to guarantee the performance of an individual or business under specific circumstances. A surety bond functions as collateral, which can be forfeited if the individual or business does not fulfill its obligations as outlined in their contract and cannot be […]
Learn More