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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