Contracts

Certificate of Insurance

Also known as: COI

A document proving a contractor carries required insurance coverage, typically required before work begins.

A Certificate of Insurance (COI) is a one-page document issued by an insurance broker or carrier that summarizes a contractor's active insurance policies. It typically lists general liability, workers' compensation, auto liability, and any project-specific coverage (Builder's Risk, professional liability) along with policy numbers, limits, effective dates, and the named insureds.

Commercial owners, general contractors, and lenders typically require a COI naming them as additional insured parties before allowing work to start. The COI is informational only — the underlying insurance policy is the actual coverage instrument — but a current COI is the standard proof during onboarding.

Frequently asked questions

What is a Certificate of Insurance for a contractor?+

A COI is a one-page document summarizing a contractor's active insurance coverage (general liability, workers' comp, auto, etc.) including policy numbers, limits, and effective dates. It is issued by the insurance broker or carrier on request.

Why do owners require a Certificate of Insurance?+

Owners require COIs to verify that the contractor carries adequate insurance and that the owner is named as an additional insured. This protects the owner from exposure to claims arising from the contractor's work.

What insurance coverage is typical for a contractor COI?+

Typical commercial GC coverage includes general liability ($1M to $5M per occurrence), workers' compensation, auto liability, and project-specific Builder's Risk. Specific limits and additional coverages depend on contract requirements.

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