Compliance Glossary

What is a Certificate of Insurance (COI)?

A Certificate of Insurance (COI) is the single most important document in contractor compliance. It proves your subcontractors carry valid insurance—and protects your company from liability.

Last updated August 2026

Definition

A Certificate of Insurance (COI) is a standardized document issued by an insurance broker or agency that serves as formal proof of insurance coverage. In commercial B2B relationships—particularly in construction, property management, and corporate operations—a hiring organization (the certificate holder) requires subcontractors and vendors to submit a COI before they are permitted to start work.

The most common standard COI form is the ACORD 25. This document summarizes key policy details on a single page: insurance company name, policy number, types of coverage, policy limits, and expiration dates. It also contains space to list additional insured entities, extending coverage protection to the hiring business.

Why COIs matter

Without a valid COI on file, your company is exposed to direct financial liability. If an uninsured subcontractor causes an accident or sustains an injury on your jobsite, your own general liability or workers' compensation coverage must absorb the loss. This is why tracking COI expiration dates and verifying coverage limits is critical.

Key Components of a COI

Coverage Types

Commercial General Liability (CGL), Workers' Compensation, Commercial Auto Liability, and Excess/Umbrella Liability are the most common policy types listed.

Policy Limits

The maximum payout per claim (per occurrence) and total policy lifetime (aggregate). Typical CGL limits are $1M per occurrence / $2M aggregate.

Expiration Dates

Each policy has an effective date and expiration date. Once expired, the coverage is void—and the contractor is non-compliant.

Certificate Holder

The hiring organization listed on the COI. This is the company requesting proof of coverage from the subcontractor.

Additional Insured

An endorsement that extends the subcontractor's policy to cover the hiring company, protecting you from direct liability claims.

Insurance Carrier

The insurance company providing the coverage. The carrier's A.M. Best rating indicates their financial reliability.

Common Coverage Requirements

Coverage TypeTypical LimitPurpose
Commercial General Liability$1M / $2MCovers property damage and bodily injury caused by the contractor
Workers' CompensationStatutory limitsCovers employee injuries on the job—required by law in most states
Commercial Auto Liability$1M combinedCovers vehicles used for business operations
Umbrella / Excess Liability$1M–$5MAdditional coverage above underlying policy limits

How SubDoc Automates COI Tracking

Collect

Send vendors a passwordless magic link to upload their COIs directly into your workspace.

Track

SubDoc monitors every policy expiration date and calculates your real-time compliance score.

Alert

Automated email reminders are sent to vendors at 60, 30, and 7 days before expiry.

Audit

Every document upload, review, and status change is logged for audit-ready compliance records.

Start tracking COIs automatically

Stop chasing vendors for expired certificates. SubDoc automates collection, tracking, and alerts.