Course of construction insurance is a policy designed to cover structures during and throughout the building process. Builders’ risk insurance is synonymous.

Course of construction insurance is a policy designed to cover structures during and throughout the building process. Builders’ risk insurance is synonymous.

This type of coverage is also often referred to as builders’ risk insurance, as it protects builders from the financial setbacks that come along with any on-site accidents.

The type of insurance that you’ll need to get will depend on your relationship to the project and other factors

The world of insurance can be very confusing to anyone – especially if the individual handling Certificates of Insurance (COIs) has no insurance background or hasn’t worked with insurance documents or endorsements in the past. And unfortunately, fraudulent COIs – while not extremely common – are certainly used by subcontractors caught in difficult situations and […]

Purchasing, in business, refers to the organized acquisition of goods and services on behalf of a buying entity. Purchasing departments are hugely important in many industries, ensuring that items like raw materials, components, event decorations, etc. arrive in a timely manner and at a reasonable cost. While it may not be the responsibility of the […]

Businesses around the world utilize COIs to bolster their business partnerships and gain peace of mind when entering new dealings. Among the many things on business owners’ minds, they must make sure that the people they work with have appropriate insurance coverage as it pertains to their work. Most do so through COIs or Certificate […]

One very common type of insurance is liability insurance, which protects policyholders from the risks of liabilities imposed by claims relating to property damage and bodily injuries. (Note that we’re referring here to general liability insurance rather than professional liability insurance, which provides coverage for more consultative services.) Relatedly, it is a routine practice for […]

In the real estate industry, there are various cases where you may need to verify someone’s insurance coverage before hiring them. When a situation like this arises, you’ll use a COI, meaning a certificate of insurance services, to prove that they have the insurance policy and level of coverage that they say they do.  Therefore, […]

Insurance policies and certificates of insurance services (or COIs, for short) are two very important legal documents in our space—but a lot of confusion exists around which one is which. Insurance policies can exist without certificates of insurance, but certificates of insurance could not exist without corresponding insurance policies, and in this blog, we’ll explain […]