Category: Certificate of Insurance Services

Is a COI the Same as a Declaration Page?

October 27, 2023

Certificate of insurance Services, or COIs, are commonly used documents in business transactions where one party needs to verify another’s insurance coverage. This happens in many different scenarios across industries, such as when hiring contractors for a construction job or working with any third-party service providers.  Declaration pages are also popular insurance-related documents—but they do […]

Read More

How Expensive Is a COI?

October 22, 2023

As you may already know, without a proper certificate of insurance services (COI) collection and management process in place, you could be opening up your business to the risk of underinsured claims, costly litigation, failed audits, and more. Many people still have lots of questions about COIs, including what they do and the costs associated […]

Read More

Can I Make My Own COI?

October 13, 2023

We’ve said it before, and we’ll say it again: certificate of insurance services are hugely important documents. If you’re not sure what a COI is or are still confused about the details, don’t worry; our team of industry experts is here to provide the support that you need! Certificates of insurance (COIs) most commonly fill […]

Read More

How Do You Ask for a COI?

October 7, 2023

Working with contractors, external vendors, and other third-party service providers can be very convenient—but it also comes with risk. Any time you hire a new vendor, it is a best practice to confirm that they have adequate insurance coverage in place in order to do their job and not hold you liable for their potential […]

Read More

What Is a Certificate of Insurance (COI) Request Form

October 7, 2023

If you’re wondering how to get a COI from a vendor, you’ve come to the right place.  A certificate of insurance services is an extremely important document in the insurance space. Practitioners and businesspeople everywhere use them to provide proof that they have insurance coverage—or to suss out if someone that they want to work […]

Read More

How Do You Read ACORD 25?

September 29, 2023

The nonprofit organization ACORD is most well-known for its insurance documents. Essentially, a group of industry professionals got together in the 70s and decided that there needed to be more standardization, so they created a set of documents that covered necessary details and adhered to industry guidelines.  These documents are typically known as ACORD forms, […]

Read More

What Is an ACORD Proof of Coverage?

September 29, 2023

ACORD forms are a topic that inevitably comes up for people working in and around the world of insurance coverage.  Let’s start here: The Association for Cooperative Operations Research and Development, or ACORD,  is a nonprofit organization that issues and archives standardized insurance forms.  Though not an insurance provider itself, ACORD is a very important […]

Read More

What Is an ACORD 27?

September 22, 2023

ACORD, which stands for the Association for Cooperative Operations Research and Development, is a long-standing nonprofit organization aiming to standardize insurance forms across industries and use cases. Over the last 50 years, they’ve created hundreds of helpful forms for practitioners to use. ACORD forms are universally recognized documents that help verify insurance coverage while adhering […]

Read More

What Is an ACORD 25 Certificate?

September 22, 2023

The leading organization for developing standardized certificate of insurance forms is the nonprofit ACORD or the Association for Cooperative Operations Research and Development. ACORD publishes and maintains an extensive list of standardized forms to make it easier for everyone in the industry to work together. As your business grows, you will probably start to accumulate […]

Read More

Customer Asking for Certificate of Insurance 

September 15, 2023

If your customer wants a certificate of insurance from you, you should know that it’s not a scary or unwarranted ask, just a simple business practice that is helping to ensure both of your protection. Follow along as we dive into some common questions surrounding certificate of insurance services, such as why a customer would […]

Read More