What is a legal COI?
What is a legal COI?
What is a legal COI?
What is a legal COI?
An insurance certificate, also commonly referred to as a certificate of insurance or COI, is a document that summarizes the primary points of a policyholder’s insurance coverage. COIs serve as evidence of coverage—they’re validation that a policy exists and is fulfilling the correct coverage requirements as laid out by a hiring party. Because they are […]
An insurance certificate, also commonly referred to as a certificate of insurance or COI, is a document that summarizes the primary points of a policyholder’s insurance coverage. COIs serve as evidence of coverage—they’re validation that a policy exists and is fulfilling the correct coverage requirements as laid out by a hiring party. Because they are […]
Businesses generally aim to mitigate their liability risk as much as possible. One important way that you can do this is by requiring that any contractors, service providers, or other vendors you work with provide you with a COI to ensure that your project is adequately covered in the case of any accidents or losses. […]
Businesses generally aim to mitigate their liability risk as much as possible. One important way that you can do this is by requiring that any contractors, service providers, or other vendors you work with provide you with a COI to ensure that your project is adequately covered in the case of any accidents or losses. […]
Thompson Thrift operates as a full-service development and construction company headquartered in Terre Haute, […]
Thompson Thrift operates as a full-service development and construction company headquartered in Terre Haute, […]
Like gap insurance for vehicles, surety bonds guarantee the performance of an individual or business under specific circumstances; they make up for where financial gaps might exist that could leave you vulnerable. So should you be considering them?
Like gap insurance for vehicles, surety bonds guarantee the performance of an individual or business under specific circumstances; they make up for where financial gaps might exist that could leave you vulnerable. So should you be considering them?
Valid, compliant certificates of insurance are the primary tools companies can use to control risk, especially if they hire third parties such as subcontractors. Incorrect and fraudulent COIs are tools for third parties who want to hide their lack of proper coverage and want to remain employed.
Valid, compliant certificates of insurance are the primary tools companies can use to control risk, especially if they hire third parties such as subcontractors. Incorrect and fraudulent COIs are tools for third parties who want to hide their lack of proper coverage and want to remain employed.
Pretend you’re a new employee at either a property management or construction company, two types of businesses that hire third parties like vendors and contractors. You’re responsible for the company’s certificate of insurance compliance. However, you’ve been thrown into the job without proper training. You don’t know what a COI is or what to do […]
Pretend you’re a new employee at either a property management or construction company, two types of businesses that hire third parties like vendors and contractors. You’re responsible for the company’s certificate of insurance compliance. However, you’ve been thrown into the job without proper training. You don’t know what a COI is or what to do […]
A certificate of insurance (COI) establishes that an insured party has active coverage. This evidence lowers an employer’s risk when they hire contractors or vendors. If a third party hired by a company is not insured, then the company can be held liable in the event the third party injures themselves or those around them. […]
A certificate of insurance (COI) establishes that an insured party has active coverage. This evidence lowers an employer’s risk when they hire contractors or vendors. If a third party hired by a company is not insured, then the company can be held liable in the event the third party injures themselves or those around them. […]
If you’re seeking liability insurance for your self-owned business or you’re an independent contractor, you might find yourself overwhelmed by all the different types of insurance. The multitude of information you have to deal with to become insured can make for difficult research. ACORD liability insurance is a popular topic for people who are in […]
If you’re seeking liability insurance for your self-owned business or you’re an independent contractor, you might find yourself overwhelmed by all the different types of insurance. The multitude of information you have to deal with to become insured can make for difficult research. ACORD liability insurance is a popular topic for people who are in […]
Liability insurance can save businesses from financial ruin just like it can help individuals. Businesses have the added responsibility to prove their third-party hires (contractors, vendors, etc.) are insured. A negligent party who injures someone else on the job might put their employer in danger of costly litigation. A certificate of liability insurance form proves […]
Liability insurance can save businesses from financial ruin just like it can help individuals. Businesses have the added responsibility to prove their third-party hires (contractors, vendors, etc.) are insured. A negligent party who injures someone else on the job might put their employer in danger of costly litigation. A certificate of liability insurance form proves […]