Certificate of Insurance (COI)
Definition
A Certificate of Insurance (COI) is a one-page document issued by an insurance carrier that proves a contractor carries active general liability and workers' compensation coverage. Most property managers and commercial clients require a current COI before any work begins on site.
Common Questions
Real-World Example
You'd see this when a property manager in Vancouver, WA requests a COI from CRM Services before scheduling a unit turn — the COI confirms coverage in case of on-site injury or damage.
Why It Matters
Maintaining current COIs is a baseline requirement for CRM Services to work with property management clients and large remodeling projects.
Related Services
Related Terms
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