Guide to Understanding Your Business Auto Insurance Policy Any business using vehicles in their normal operations need to have a commercial auto insurance policy. On top of having the correct policies in place, businesses need to assure they’re keeping track of and staying up to date on any changes in the policies. This article explainsRead more

Introducing the New SmartCompliance.co Insurance certificate tracking and compliance management software, SmartCompliance is launching its new site! It’s time to get excited because this new site includes information about Commercial Collection, Residential, and Issuance services. Commercial and Residential Offerings With both Residential and Commercial Collection offerings, clients can collect Certificates of Insurance (COIs) to ensureRead more

The Importance of Tracking COIs for Every Subcontractor Tracking Certificates of Insurance (COIs) by hand is a time-consuming process. For contractors, it may feel easier to skip this step altogether. Although it seems easier to take the word of a subcontractor and believe they have the proper coverage, requesting COIs for subcontractors is necessary. Overall,Read more

Why COI Tracking is Important when the Economy is Down     Consumers may not realize that when the economy suffers, insurance rates go up. To avoid claims and keep your rates low COI tracking is necessary.  The reason for insurance rates rising is largely due to insurance carriers being unable to subsidize rates with their investment returns. Besides being aware of increasing rates, it’s important to keep track of Certificates ofRead more

How Franchises Can Increase Compliance to 95% with Certificate Tracking Software [Case Study] If you’re a franchisor, you have to manage a good number of Certificates of Insurance (COIs). The best way to do this is with certification tracking software. Your Franchise Disclosure Document (FDD) requires all your franchisees have insurance coverage. The high levelRead more

The Importance of Collecting & Reviewing Endorsements Having an effective system for managing COIs (certificates of insurance) and understanding your insurance policies is critical to mitigating risk for your company. But, tracking COIs and collecting and reviewing endorsements by hand is difficult and time-consuming, which leads many insurance professionals to put off or overlook theseRead more