At InsureMyEquipment.com we give our clients the power to generate certificate of insurance from their online portal 24/7.
If a COI is generated and your address or company name is incorrect, your client can simply issue a new COI with the corrected information.
Verify a Certificate of Insurance (COI)
- The COI will have arrived by email from firstname.lastname@example.org or our staff with emails ending in heffins.com.
- If a client is a first-time buyer with us, you will see an indication in the body of the email. Refer to our ‘Fraud Prevention Guidelines’ in those cases.
- Open the COI PDF document. You should verify your clients’ information, the policy start and end dates, and the limits of insurance (on page 2).
- Go to www.InsureMyEquipment.com/VerifyCertificate and enter the unique code found on the last page of the COI. If a duplicate pops up, the COI is indeed valid. If you receive an error message, please message our staff right away, as the COI may be doctored.
- Policies expire at 12:01AM on the expiration date
- None of our policies include an ‘Unattended Vehicle Exclusion’.
- Some of our policies exclude coverage for ‘Theft from an Unlocked Vehicle’. If you see the wording ‘This policy does not include coverage for theft from an unlocked vehicle’ on the last page of the COI, there is no coverage. Your clients can add this to their policy from their dashboard if you require it.
- Deductibles are found on page 2 of the COI. The minimum deductible is $500 for domestic claims
- The minimum deductible is $1,000 for international claims, and claims arising from theft from a vehicle
- There is a $25,000 max limit while in Mexico, unless the COI states otherwise
- If you wish to be listed as additional insured as well as loss payee, our client must purchase liability coverage too. You will receive two separate COIs (one listing you as Loss Payee and the other listing you as Additional Insured). This is perfectly normal.