Tag: real estate

How Do I Get a Certificate of Insurance in the USA?

Certificates of insurance (COIs) are official insurance documents that provide proof of someone’s coverage. They’re used in business dealings all across America and beyond—and are a hugely important piece of a business strategy for those trying to mitigate risk and unnecessary litigation. In this blog, we’ll cover answers to common certificate of insurance services questions […]

Written by myCOI on August 21, 2023

How Do I Get a Certificate of Insurance in the USA?

Certificates of insurance (COIs) are official insurance documents that provide proof of someone’s coverage. They’re used in business dealings all across America and beyond—and are a hugely important piece of a business strategy for those trying to mitigate risk and unnecessary litigation. In this blog, we’ll cover answers to common certificate of insurance services questions […]

Written by on August 21, 2023

What Are COIs? A Guide To Certificates of Insurance

Any business that works with third-party vendors opens itself up to new risks that could expose them to costly claims and lawsuits. Tracking the details of contractors’ insurance coverage is a crucial element of any company’s risk management strategy. How can you ensure that your vendors and subcontractors are insured? What is a certificate of […]

Written by myCOI on June 16, 2023

What Are COIs? A Guide To Certificates of Insurance

Any business that works with third-party vendors opens itself up to new risks that could expose them to costly claims and lawsuits. Tracking the details of contractors’ insurance coverage is a crucial element of any company’s risk management strategy. How can you ensure that your vendors and subcontractors are insured? What is a certificate of […]

Written by on June 16, 2023

How Do I Generate a Certificate of Insurance?

If you’re unsure about the process of generating a certificate of insurance in order to verify your insurance coverage or want to learn more about how third parties that you work with go about generating certificates, you’ve come to the right place. A certificate of insurance, more commonly referred to as a COI, is a […]

Written by myCOI on May 22, 2023

How Do I Generate a Certificate of Insurance?

If you’re unsure about the process of generating a certificate of insurance in order to verify your insurance coverage or want to learn more about how third parties that you work with go about generating certificates, you’ve come to the right place. A certificate of insurance, more commonly referred to as a COI, is a […]

Written by on May 22, 2023

How Do You Name An Additional Insured On An Insurance Policy?

The difference between an “insured,” or the person who purchases coverage from an insurer, and an “additional insured,” or a third party added to a policy, can be a little confusing to understand. To help, here are some truths about additional insureds: Additionally, a “certificate holder” is a person or organization that holds the certificate of […]

Written by myCOI on May 5, 2023

How Do You Name An Additional Insured On An Insurance Policy?

The difference between an “insured,” or the person who purchases coverage from an insurer, and an “additional insured,” or a third party added to a policy, can be a little confusing to understand. To help, here are some truths about additional insureds: Additionally, a “certificate holder” is a person or organization that holds the certificate of […]

Written by on May 5, 2023

How Do You Show Additional Insurance on COI?

While running a business with liability insurance, you’re going to be asked to add an additional insured endorsement to your current policy by one of your clients or by a hiring company. Once you go through the steps to add an additional insured to your policy, if you decide to, proving you’ve done so is […]

Written by myCOI on May 5, 2023

How Do You Show Additional Insurance on COI?

While running a business with liability insurance, you’re going to be asked to add an additional insured endorsement to your current policy by one of your clients or by a hiring company. Once you go through the steps to add an additional insured to your policy, if you decide to, proving you’ve done so is […]

Written by on May 5, 2023

The 5 Metrics Many Property Managers Aren’t Tracking (but Should be)

Property managers – are you getting the job done? If insurance compliance data did not inform the answer, your company may have a risky blind spot that could cost millions in time and money. No shortage of key performance metrics (KPMs) exist in business. The adage of “what gets measured gets managed” holds true. Property […]

Written by myCOI on September 3, 2019

The 5 Metrics Many Property Managers Aren’t Tracking (but Should be)

Property managers – are you getting the job done? If insurance compliance data did not inform the answer, your company may have a risky blind spot that could cost millions in time and money. No shortage of key performance metrics (KPMs) exist in business. The adage of “what gets measured gets managed” holds true. Property […]

Written by on September 3, 2019

How COI Tracking and Compliance Helps Property Managers Win Business

“What makes you better than the rest?” The answer to this critical question distinguishes property management companies among their more than 10,000 competitors operating within the US. With so many options, landlords need more than referrals and rates to vet management companies. They want a unique proposition that protects their investment and income. Property management […]

Written by myCOI on August 20, 2019

How COI Tracking and Compliance Helps Property Managers Win Business

“What makes you better than the rest?” The answer to this critical question distinguishes property management companies among their more than 10,000 competitors operating within the US. With so many options, landlords need more than referrals and rates to vet management companies. They want a unique proposition that protects their investment and income. Property management […]

Written by on August 20, 2019

Insurance Coverage For Tenants’ Improvements and Betterments

When it comes to business personal property and tenants’ improvements and betterments, the waters can be muddy as it relates to ownership interests. For property managers, though, understanding who is responsible for what can be a critical matter—especially if a claim is filed. In this post, we’ll explore the differences between business personal property and […]

Written by myCOI on April 17, 2017

Insurance Coverage For Tenants’ Improvements and Betterments

When it comes to business personal property and tenants’ improvements and betterments, the waters can be muddy as it relates to ownership interests. For property managers, though, understanding who is responsible for what can be a critical matter—especially if a claim is filed. In this post, we’ll explore the differences between business personal property and […]

Written by on April 17, 2017

What Landlords and Tenants Should Know About Improvements and Betterments Coverage

Improvements and Betterments coverage is a type of property insurance for an insured who is leasing space from another. Often, a tenant will lease commercial space from a landlord and require permanently installed fixtures or improvements to carry on operations. The tenant does so at their own expense. When this occurs, the landlord will often […]

Written by myCOI on November 11, 2014

Does Tracking My Incoming Certificates of Insurance Really Make a Difference?

The process of tracking and managing certificates of insurance takes time and can be very complex. The amount of resources drained on this task often leaves companies asking, “Does tracking my incoming certificates of insurance really make a difference?” Ask any CFOs, Legal Advisors, or Risk Managers this question and you will find a common […]

Written by myCOI on October 26, 2013