Certificates of insurance are an important part of the roofing
industry. Requiring a certificate of insurance from a subcontractor
enables you to better manage your business relationship.
Certificates of insurance are provided or obtained to verify the
existence of insurance coverage and determine whether existing
coverage limits are adequate and meet contract requirements. They
are issued as a matter of information only and confer no rights
upon the certificate holder. You would be the certificate holder
when you obtain a certificate from a subcontractor.
Why use certificates of insurance? If you don't require a
certificate of insurance before a subcontractor begins work, you
later may discover the subcontractor has no insurance, and your
insurance company may have to pay for all or part of the losses
arising from the subcontractor's negligent actions from which you
Log in or register for FREE access to this article and other Professional Roofing online content.