Category: Insurance 101

Have You Ever Heard of a Subcontractor Cutting Corners in Insurance?

October 5, 2017

If your subcontractors are cutting corners on their insurance coverage, that could mean a world of hurt for your business. Sleep better, let myCOI software do the insurance tracking for you. You know from experience that, when it comes to insurance tracking for your subcontractors, there are many things to watch out for: Ensuring they […]

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The Trend Towards Sophisticated Risk Transfer Language in Construction

September 26, 2017

The construction industry is ripe with risk. As a general contractor it’s crucial to be clear about risk transfer among subcontractors and insurance carriers. The myCOI team can help. Learn more here! In recent years, construction contracts have become much more sophisticated with their wording and the way they specify risk transfer. (We share more […]

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How to Streamline the Insurance Tracking Renewal Process

August 8, 2017

As a compliance administrator or someone who has the job of collecting and reviewing certificates of insurance for vendors and subcontractors, you know all too well how much back and forth is required just to ensure compliance for one subcontractor. The emails, the phone calls, the hassle of contacting the agent directly to try and […]

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Primary and Noncontributory Endorsement Form

July 19, 2017

Carefully managing one insurance policy can be complicated enough, but there are many scenarios when multiple sources of coverage may protect you, your hired third parties, and/or companies you enter business relationships with. In the event of a loss or a claim that could be covered by more than one insurance policy, the process for […]

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