What is a Certificate of Insurance, and Why Does My Client Want to See It?

June 10, 2013

A certificate of insurance is a simple document issued by your insurance company that verifies that you have insurance coverage for your small business, what that coverage is, who it covers, the effective date of the policy, and the types and dollar amount of limits and deductibles.

You’ve landed a new client and are excited to get started on the project.  But before you can begin, your client needs a copy of your certificate of insurance.

Proof of Insurance for Small Businesses

A companion piece to your small business insurance policy, a certificate of insurance is a business tool. Make sure you’re covered and ready when clients ask for it.

A certificate of insurance – also known as proof of insurance coverage – is requested when liability and large losses are a concern. For example, if you’re providing software programming services for a client, they may require a certificate of insurance to prove that certain liabilities will be covered during the course of the project. No matter what kind of client you’re working with, having the right insurance policy and proof of insurance will protect you and your client and give you both peace of mind.

Even if you haven’t been asked to show a certificate of insurance, it’s an added benefit of having proof of your small business coverage.  Most insurance providers include the certificate in your initial insurance documents; if not, they are required to provide one upon your request.

Get Your Certificate of Insurance Ready Today

Don’t want until you’re asked to provide your certificate of insurance to get the small business insurance coverage you need. You don’t want to risk losing important clients or hurting your business because you don’t have a certificate of insurance. Contact Hiscox today to establish an insurance policy that’s right for your line of work.  Then when your next client asks for your certificate of insurance, you’ll be ready.

Tell us! Do you have your certificate of insurance ready for when a client wants to see it or do you need to get one for your small business?

NOTE: This post was initially published in 2013 and has recently been updated in February 2019 to reflect new relevant internal resources available on the Hiscox site.