Understanding Certificates of Insurance: Beyond Just Paperwork

Here’s the main takeaway with Certificates of Insurance:

A COI is useful, but it is not a guarantee.

It may show insurance information at one point in time, but it does not automatically prove that you are protected, that the work is covered, that contract requirements are satisfied, or that a claim will be paid.

The certificate shows information.
The policy determines coverage.

Don’t just collect certificates. Understand what you need them to prove.

#insurance certificates #COI information #insurance coverage #policy understanding #claims prevention