Helpful Small Business Insurance Terms and Definitions
General Liability Insurance
Professional Liability Insurance
Errors and Omissions Insurance
Cyber Liability / Data Breach Insurance
Workers' Compensation Insurance
Business Owner’s Policy
Data Breach Insurance
Certificate of Liability Insurance
Additional Insurance Offerings
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Get in-depth information on essential insurance coverages.
Certificate of Liability insurance
A formal statement that you, the insured, send to your insurance provider in the event of a loss.
The exact "look" of this document may vary, depending on your insurer's requirements and government regulations, but its purpose is the same: to provide detailed evidence of the damage and your loss.
Normally, you must include descriptions of the damaged property and its value. This is an extremely important document, as it helps determine the total value of the claim.
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