Monthly Archives: March 2015

Catering to YOUR Business Needs: Certificates of Insurance

In both the residential and commercial worlds, many customers ask for what is known as a ‘certificate of insurance.’ This certificate basically shows your customer that you have current insurance, the different types of insurance, and how much coverage you have.

When you hire a subcontractor or use any other businesses in conjunction with your own, you should obtain an up-to-date insurance certificate from them and keep it on file. (This will also be highly beneficial around audit time.)

It may seem like a simple piece of paper, but these certificates hold a specific value. As a homeowner or business owner, they can help you choose who to hire and may also open doors for you as well. Many large contracting groups will only work with subcontractors who maintain specific amounts of insurance, which can give you the edge over bidding competitors.

Many home owners are being more and more selective about who they hire and how much money they are willing to spend on home projects. Let’s say your company maintains high limits of insurance, but your bid comes in a little higher than another company who has lower limits or no proof of insurance at all. Home owners will be more inclined to hire a reputable company, whom they can trust and not have to worry about on the job accident liabilities. Now that you’ve been hired, you are now the trusted go-to business to work around the home. You will certainly have the upper hand on their next home project. Not to mention the oldest, yet best form of advertising out there – word of mouth!

This simple certificate can not only attract business, but it can also save your business (metaphorically speaking). Having higher limits of insurance can save you from financial devastation and ruin in the event of a property or liability claim.

You will find that many customers want one of these certificates, and want it as of yesterday. You need an agent who makes YOUR business an absolute priority and can deliver on these last-minute requests. If you’re looking for an agent such as this, look no further! At Joy Insurance, you will have your own private agent who is responsible for your account. Whether you have a question, are in need of advice or education, have a request, have a billing matter that needs attending to, or you simply need an advocate in your corner, there is no other agent who will be more dedicated to your business than one of our own. Contact us today to experience this first class service at incredibly reasonable and competitive prices.