Your company
Insurance requirements for Vendors
Before starting work, every vendor must carry the insurance below and send a current certificate of insurance with the endorsement pages.
Required coverage and limits
| Required coverage and limits | All vendors |
|---|---|
General liability Covers injury or property damage their work causes to others. | $1,000,000 each occurrence $2,000,000 general aggregate |
Additional insured Adds us to their liability policy for their work. | Ongoing operations On general liability |
Limits are minimums.
An umbrella or excess policy may be used to make up the limits above.
Additional insureds and endorsements
Name as additional insured
- Your company
Send copies of these endorsement pages
- Additional Insured – Owners, Lessees or Contractors – Scheduled Person or Organization (CG 20 10), or equivalent
Certificate holder
Your companyBeing named certificate holder is not the same as being additional insured. The certificate only shows the insurance. The endorsement pages are what add Your company to the policy.
Instructions for your insurance agent
Your company needs proof of the insurance on this sheet. Please send:
- A current certificate of insurance (ACORD 25) showing the coverage and limits listed.
- Copies of the endorsement pages themselves, not only boxes ticked on the certificate: Additional Insured – Owners, Lessees or Contractors – Scheduled Person or Organization (CG 20 10), or equivalent.
- Certificate holder: Your company.
- Additional insureds, named on the endorsements: Your company.
- In the description of operations, describe the work done for Your company.
Please don't add wording to the certificate that changes or extends the coverage. The endorsement pages are the proof needed.
When a certificate comes back, check
- The policy dates cover the whole job, and nothing has expired.
- The insured's name matches the vendor you hired.
- The certificate holder is Your company, at the right address.
- Each limit meets the requirements above, for the right requirement set.
- The endorsement pages are attached, not only boxes ticked.
- An umbrella or excess policy doesn't end before the policies under it.
Rather not check every certificate by hand? Collateral asks your vendors for their certificates, reads them when they arrive, and flags expired dates and missing coverage. Try Collateral free
A common starting point. Your contracts, clients or insurer may require different coverage. Not insurance or legal advice.