Expert Insurance Knowledge
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What Is a COI in Purchasing?
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 […]
Learn MoreWhat is a legal COI?
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 […]
Learn MoreWhat Is a Certificate of Liability Insurance?
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 […]
Learn MoreCOI Insurance
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 […]
Learn MoreHow 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 […]
Learn MoreCOI Real Estate
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, […]
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