Generating proof of insurance or a certificate of insurance is hassle-free from your Business Insurance Dashboard. Read on for an explanation of what a certificate of insurance is, why it’s important, and how to get one and securely deliver it with Layr in a few clicks.
A certificate of insurance (COI) is a standard document that verifies your business has current and active insurance policies. Customers, landlords, and vendors may require a COI to verify that your business is insured before they will conduct business with your company, hire your company’s services, or enter into a contract with your business.
Each time a potential customer, landlord, or entity requests proof of insurance from your company, you will need to generate a new COI document that is specifically for that requester, sometimes referred to as a holder. When you generate a new COI, the holder can be confident that they are receiving the most up-to-date and accurate representation of your company’s current coverage.
Your Business Insurance Dashboard was built with you in mind and designed to meet your needs as a small business owner. We know that generating COIs quickly, whenever and however often is necessary, and that’s why we made it possible from your dashboard.
When you have coverage with Layr, you have access to our online Certificate Generator. You can create a Certificate of Insurance whenever you need one, instantly. From your Business Insurance Dashboard, enter some information about the certificate holder, and click the Generate Certificate button. No need to pick up the phone or send an email to request a new COI. Your certificate library stores all of the certificates you’ve created, and you can view and download them as many times as you need with just a click.
Changing your coverage? Adding endorsements? Renewing your policies? No need to fret about requesting an updated Certificate of Insurance. Our Certificate Generator automatically updates every existing certificate in your portal with the latest version of your policies, coverage limits, and carrier information.
When you’re signing a lease or cinching a deal, time is of the essence. Getting proof of insurance won’t slow you down with Layr. Automated document delivery means certificate holders receive your up-to-date proof of insurance ASAP. When you generate a certificate, enter the recipient’s contact information into the Certificate Generator, we send the COI instantly to your recipient via email.
Immediately— Once coverage is secured by completing our online proposal and bound, you’ll receive a welcome email with instructions walking you through how to create certificates from your Business Insurance Dashboard.
When you need to generate a new COI, log in to your Business Insurance Dashboard and select the Proof of Insurance option in the left side menu. Select Create Proof of Insurance to access the Certificate Generator. Enter the necessary information about your business and the certificate holder to generate your document. Click Generate Certificate, and your certificate will appear in your Certificate Library.
Each certificate you generate is stored securely in your password-protected Certificate Library, which you can access from your Business Insurance Dashboard. Past certificates are always available to view or download as many times as you need.
If you have questions about Certificates of Insurance or your shopping for coverage, schedule some time to chat with our Customer Success Team. Our Customer Success Advocates are all licensed insurance agents and can answer questions about Certificates of Insurance or commercial property and casualty insurance you have or help you find the right policies and coverage for your business.
Getting tailored, quality insurance and outstanding customer support shouldn’t be complicated. It’s #BetterBusinessInsurance.