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It is a one- or two-page document that you can get from your insurance company or broker, if you used one. You should keep a copy in your vehicle, in case you have an accident and the attending police want to see it.
Insureds don't have the authority to issue their own certificates. The agent, under contract with the carrier, issues a COI on behalf of the insurer. Talk to your companies?
The term ?insured? refers to the policyholder, person, or company appearing on the certificate as being covered by the insurance. In addition to coverage levels, the certificate includes the policyholder's name, mailing address, and describes the operations that the insured performs.
Call your broker, explain to them what the minimum coverage amount is and that you need proof of insurance. If your policy already meets the requirements, then the broker will contact your carrier to secure the COI.
23, Automobile. Certificate of Insurance, is used to provide a coverage. statement with respect to physical damage and/or. liability insurance coverage to lessors or loss payers of. leased vehicles, but only when the insurance policy.