![]() ![]() If the company requires higher limits than what you already have, getting your COI may take a bit longer as you wait for your coverages to be adjusted. Step 1: Find out what coverages and limits you need.If you need to change coverage, then you can obtain a new COI by following this process: This can be the carrier, agent, or commercial broker. You can request a COI through the insurance provider who originally sold you the policy. However, you may need additional copies as your business grows or if you need to change coverage. You should receive a COI when you receive your initial policy documents. Visit Next How To Request a Certificate of Insurance It has recently released a COI analyzer that increases the speed and ease of generating a COI for your business. It’s a small business insurance provider who, online or through its app, can create free and instant COIs, which you can then share as many times as you need to. In those situations, the company will request proof of insurance or a COI.īusiness owners needing liability coverage and COIs immediately should apply with Next. Companies often require businesses they partner with to carry liability insurance because they don’t want to risk being held solely responsible. It includes policy details like your specific coverage, limits, and effective dates, but it isn’t an insurance contract. A certificate of insurance (COI), sometimes called a certificate of liability insurance, is a one-page document that summarizes your coverage and can be shared as proof of insurance. ![]()
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