Byline Certificate of Liability Insurance Made Easy

Sign Certificate of Insurance Request electronically

hello I'm Jeff Gordon I'm going to take just a moment to walk you through a certificate of liability insurance go through some of the information that you can glean from a certificate of liability insurance as well as some of the information that you can't get from it and why they're important so let's just go right into this so certificates of liability insurance you know you've seen the before that are like you if you're watching this video that you know this is this is a certificate of liability insurance you've seen before they've got a lot of information a lot of you know big bold caps in a very small font that makes it really hard to read but the information is it's really good for conveying from one business to another the basics of their insurance program and oftentimes contracts between businesses when businesses do do business together there's a contract that says but you have to have a certain amount of insurance and we agreed to and this is the way this is the trust but verify documents so some of the information let's just go right into that first of all of course is the name of the insured that's the person whose insurance program this is about that's up in the top left and over just across from that are the insurance company names so these are some of the services who you're who this insured has their assurance with and in the way it works actually it's a little funky it's a insurance company a an insurance company egg has the general liability and insurance company B may have the auto and insurance company C may have the workers compensation is so sometimes you'll see different carriers here for who's providing this so even in the middle of the certificate is the main information this is the policy information what kind of coverage business this is insured person have so we have a policy number that may or may not be important to you the next column though effective and expiration dates that's what when their insurance began and when it ends so let's say that you have a two month project this starting this week and someone gives you a certificate of liability insurance and you realize well Jesus this insurance program expired it's in three weeks you know maybe we want to get a copy of a certificate that shows that this policy is being renewed or what if the terms have changed or anything like that so the expiration date is important it's also important if you have people that you and then do work for you on a regular basis your insurance department if you have one can simply suspend that to make sure that you get a renewal certificate when that comes around and then finally the last column show the coverage limits how much insurance do they have and you know today's standard is a million...