Insurance Confidence Center
Insurance Confidence Center
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Contract & COI Requirements

A contract asks for $2M and a certificate with specific wording. See which parts you can actually produce.

Calibrate

Drag to set each value — estimates are fine.

Usually stated per occurrence in the insurance clause; many clauses state an aggregate as well.

Your per-occurrence limit.

Leave at zero if the contract does not ask for it.

Many contracts let an umbrella make up a higher general liability requirement.

Almost every contract does — it is the default here for that reason.

This requires an endorsement rather than a note on the certificate.

Commonly required; look for "waiver of subrogation" in the insurance clause.

Stops your insurer recovering from the other party after a claim. Also an endorsement.

Look for "primary and non-contributory" or "primary and noncontributory".

Makes your policy answer first rather than sharing with theirs.

Many contracts ask for it even from businesses with few or no employees.

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ICC Team

Insurance Confidence Center

A number is a starting point. Walking through what it means for your actual policy is the part that changes anything.

What this means for you

Get a plain-English summary of your reading.

Levers that move this

  • General liability the contract requires
  • General liability you carry
  • Commercial auto the contract requires
  • Commercial auto you carry
  • Umbrella or excess the contract requires
  • Umbrella or excess you carry
  • Does the contract require additional insured status?
  • Can you add them as additional insured?
  • Does the contract require a waiver of subrogation?
  • Waiver of subrogation in place?
  • Does the contract require primary and non-contributory wording?
  • Primary and non-contributory wording in place?
  • Does the contract require evidence of workers' compensation and employers' liability?
  • Do you carry workers' compensation and employers' liability?

Drag these dials above to see the effect instantly.

Get the full write-up

The assumptions behind the figure, the method, and the disclosures that go with it.

How this is calculated — the full method, sources and limits →