myCOI
If you’ve stumbled upon this article, you’ve probably heard the terms COI, certificate of insurance services, insurance, and compliance thrown around in your line of work. Ensuring that every third-party service provider you work with or tenant you manage has an appropriate amount of insurance coverage protects not only them—but you as the business working […]
If you’ve stumbled upon this article, you’ve probably heard the terms COI, certificate of insurance services, insurance, and compliance thrown around in your line of work. Ensuring that every third-party service provider you work with or tenant you manage has an appropriate amount of insurance coverage protects not only them—but you as the business working […]
There are many things that contractors have to deal with in their line of work, from safety concerns on the job to labor shortages during peak seasons to managing their own insurance coverage and regulatory compliance. In the modern legal landscape, contractors need to know about certificates of insurance services (COIs), which are official documents […]
There are many things that contractors have to deal with in their line of work, from safety concerns on the job to labor shortages during peak seasons to managing their own insurance coverage and regulatory compliance. In the modern legal landscape, contractors need to know about certificates of insurance services (COIs), which are official documents […]
As a small business owner in the construction industry or another field where work-related accidents are highly plausible, managing vendor relationships and ensuring adequate insurance coverage is crucial to protect your business from potential risks. One important piece of this process is obtaining and tracking certificates of insurance, or COIs, from all vendors and hired […]
As a small business owner in the construction industry or another field where work-related accidents are highly plausible, managing vendor relationships and ensuring adequate insurance coverage is crucial to protect your business from potential risks. One important piece of this process is obtaining and tracking certificates of insurance, or COIs, from all vendors and hired […]
Confused by additional insured endorsements? You’re not alone. We’re here to help. Effectively managing Certificates of Insurance and understanding your insurance policies is critical to mitigating risk for your company. However, tracking those COI’s and endorsements and understanding the language they contain can be incredibly confusing and time-consuming. We’re here to help. We put together a […]
Confused by additional insured endorsements? You’re not alone. We’re here to help. Effectively managing Certificates of Insurance and understanding your insurance policies is critical to mitigating risk for your company. However, tracking those COI’s and endorsements and understanding the language they contain can be incredibly confusing and time-consuming. We’re here to help. We put together a […]
A named insured is an important term in insurance, representing the policyholder who is being covered by an insurance policy. In this blog, as part of our ongoing Certificates of Insurance 101 blog series, we’ll be discussing the differences between a named insured, an additional named insured, and an additional insured. What Is An Insurance […]
A named insured is an important term in insurance, representing the policyholder who is being covered by an insurance policy. In this blog, as part of our ongoing Certificates of Insurance 101 blog series, we’ll be discussing the differences between a named insured, an additional named insured, and an additional insured. What Is An Insurance […]
Court cases start showing impacts of seven-year-old insurance endorsement revisions Let’s start with a quick quiz. A subcontractor causes a loss for which the general contractor is sued. As an additional insured on the subcontractor’s policy, which of these is more important for triggering the insurer’s duty to defend the general contractor? A) The work […]
Court cases start showing impacts of seven-year-old insurance endorsement revisions Let’s start with a quick quiz. A subcontractor causes a loss for which the general contractor is sued. As an additional insured on the subcontractor’s policy, which of these is more important for triggering the insurer’s duty to defend the general contractor? A) The work […]
When it comes to commercial general liability (CGL) policies, some endorsements are great for upstream parties. Others, not so much. On the good side are additional insured endorsements which allow general contractors, property owners, and property managers to receive coverage under their subcontractor’s insurance policy. On the bad side are classification limitations, which can nullify […]
When it comes to commercial general liability (CGL) policies, some endorsements are great for upstream parties. Others, not so much. On the good side are additional insured endorsements which allow general contractors, property owners, and property managers to receive coverage under their subcontractor’s insurance policy. On the bad side are classification limitations, which can nullify […]
Companies entering a work contract place the burden of risk closest to the party best able to prevent a loss. In the construction industry, a general contractor would transfer liability to subcontractors in two key ways: 1) indemnification language in the contract and 2) requiring that they be added as an “additional insured” on the […]
Companies entering a work contract place the burden of risk closest to the party best able to prevent a loss. In the construction industry, a general contractor would transfer liability to subcontractors in two key ways: 1) indemnification language in the contract and 2) requiring that they be added as an “additional insured” on the […]
6 words that can change your insurance risk: Caused, in whole or in part Some things are bigger decisions than others – do I eat the whole donut or part of it? When it comes to additional insured endorsements, the stakes are much higher. As we move into 2018, there are changes to the additional […]
6 words that can change your insurance risk: Caused, in whole or in part Some things are bigger decisions than others – do I eat the whole donut or part of it? When it comes to additional insured endorsements, the stakes are much higher. As we move into 2018, there are changes to the additional […]
Did you know that case law shows there is a significant difference between a sentence requiring you to be listed as an additional insured on the certificate versus you being endorsed to the policy as an additional insured? For some, this may be a well known fact. But, for others that aren’t as familiar with […]
Did you know that case law shows there is a significant difference between a sentence requiring you to be listed as an additional insured on the certificate versus you being endorsed to the policy as an additional insured? For some, this may be a well known fact. But, for others that aren’t as familiar with […]