Understanding your Certificates of Insurance (COI) is a crucial part of any project. When you have a greater understanding of your COIs, risks are managed better and liabilities are covered effectively. To help you understand every detail listed in every COI you receive, here’s a list of the most common details one can find and must not miss…

The Producer

This section contains your insurance provider’s name. Also known as the insurance broker, they usually create and send you the COI and make sure you’re compliant with the contract’s requirements.

Name of Insured

This refers to the business’s legal name.

Types of Insurance

Every type of covered liability in the COI are included here as well as the policy forms.

Policy Form

This section of the COI indicates the policy form attached to the insurance and the scope of the coverage.


Claims vary depending on the general liability coverage. They are either a claims-made policy or occurrence coverage. Claims-made coverage takes on occurrences that happen during the coverage period while occurrence coverage provides insurance regardless of when the claim was made during the coverage period.


This section is where the insurance policies are listed. It is where the policies, exclusions, terms, and conditions are listed for the sake of the insured. The limits of the coverage that are within the coverage period are also included.

Policy Effective Date

This marks the date when the policy term begins. The date included must be prior or close to the contract’s effective date.

Policy Expiration Date

The date included marks the policy’s expiration date.

Limits of Insurance

This section indicates the policy limits for each insurance coverage listed.

Description of Operations

The wording intended for the contract is included here. It reflects all the details that the contract requires.

Name of Additional Insured

This section must state those who need to be added as additional insured. Any wording and names must be included to avoid non-liability.

Certificate Holder

Your company’s name, business address, and other contact information must be included in this section. It needs to contain every bit of detail about the certificate holder.

Authorized Representative

The insurance company’s representative must place their signature in this section when issuing the COI.

Cancellation Statement

This refers to the amount of time in which the insurance company will provide the insurance to the certificate holder and its insureds. It also disclaims liability if the notice is not given by the insurance company.
Keeping on track of your COIs can be a difficult task for any person in the company especially since human error is inevitable. Because of this, people are always looking to find innovative solutions to maximize the company’s efforts. Among those solutions is a cost-effective COI Tracker that carries out all your COI tracking needs and helps you avoid errors in your COI. Know more about handling your COIs when you read through our blog today!