Category: Certificate of Insurance 101

Best AI Tracking Software

March 2, 2025

AI-powered COI tracking isn’t the future; it’s the now. Companies that embrace it are setting themselves up for smarter, safer, and more efficient compliance management.

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What Is An ACORD 28?

February 2, 2024

In many cases, when lenders make loans secured by real estate, they’ll want to ensure that the borrower has property insurance and a sufficient level of it to pay off the loan in the case of damages.  These lenders rely on getting proper proof of coverage through documents called certificates of insurance (COIs) for a […]

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ACORD 27 Form

January 21, 2024

Long ago, before the formation of the Association for Cooperative Operations Research and Development organization, or ACORD, there was little to no standardization in the insurance industry. Every insurer essentially created its own policy forms, causing confusion and differentiation in a sector that could sorely benefit from one “correct” way to do things. Thus, a […]

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Contractor Proof of Insurance: Why It’s Important To Get It

January 6, 2024

To meet contractual obligations for a new job, industry-wide standards, and/or state requirements where they reside, contractors are typically expected to carry insurance policies to cover medical expenses, etc. in case of an accident. As the business hiring them, you’re not required to make sure that they are adequately protected—but you should. In our Certificate […]

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Does A Subcontractor Need Insurance?

January 6, 2024

Risk is everywhere in construction—from physical objects that could hurt people or property to un- or underinsured subcontractors that threaten to bring costly claims and potential litigation your business’s way.  In this blog, we’re talking about the critical and heavily insurance-reliant industry of construction and specifically diving into subcontractor insurance requirements and verification. This includes […]

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What Is An LLC Certificate of Insurance?

December 31, 2023

An LLC is a type of business structure that individuals establish in order to protect themselves from being held personally responsible for company liabilities. Essentially, they are treated by the IRS like a corporation, but they can operate like a partnership or sole proprietorship. Establishing an LLC comes with many benefits but is ultimately a […]

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