How to Look Up Insurance Coverage For Any Vendor On Jones

How to Look Up Insurance Coverage For Any Vendor Or Subcontractor On The Jones Network

Note: The Jones Network is currently available for NYC-based properties and projects. The network will launch nationwide at the beginning of 2023.

Consider a common scenario: You need to approve a new vendor to enter your building (you’re a property manager) or start working at your construction site (you’re a project manager). How long would it take for you to confirm their insurance compliance? Would it take hours? Days? Weeks?

The truth is, you have no idea—not until you’ve collected their certificate of insurance (COI), reviewed it against your requirements, and identified the coverage gaps.  

At Jones, we believe you deserve to know how likely a vendor or subcontractor is to comply with your requirements before hiring them. That’s why we built The Jones Network—a single source of truth for insurance data. 

Let’s see how you can look up anyone’s insurance coverage in just three clicks.

How to verify insurance coverage in three clicks

Table of Contents:

 

Why look up vendor insurance coverage?

How to verify vendor coverage in three clicks

How to understand vendor profiles


Why look up vendor insurance coverage?


The main benefit of using The Jones Network is instant access to insurance data. Knowing how likely a vendor is to be compliant allows you to make informed decisions:

—Inform tenants that approving their ad-hoc vendors might take several days because the quality of their insurance coverage presents a risk to the building

—Vet vendors in advance and hire the ones most likely to be compliant for time-sensitive projects

—Plan your week in advance, knowing that vendors can quickly be approved and start working as early as the following day
 

Note: interested in exploring how The Jones Network can help you transform your insurance compliance process? Talk to our team of experts today!

Let’s Chat!

 

How to look up a vendor’s insurance coverage in three clicks

 

Step 1: Go to your Jones account and use the network search bar to find the vendor or a subcontractor you seeking to approve.

Step 2: Select the set of insurance requirements you want to audit this vendor against (e.g. High, Moderate, or Low):

Choose requirements

Step 3: Click “Add Vendor” and voila! You’ll see the vendor’s insurance coverage profile at a glance. For instance, Smith Contracting has great insurance coverage—they are very likely to be compliant with your requirements:

Vendor Profile

 

How does The Jones Profile work?

 

Currently, The Jones Network has hundreds of thousands of vendor COIs on file, and this number is growing daily. Each of these vendors has a Jones Profile—an insurance coverage summary alongside key insurance contact information and predictive analytics on the probability of becoming compliant on your property or project.

 In addition to the basic info (such as the company’s name and address), you will be able to see:

— Insurance coverage details
— Predicted compliance status
— Verified insurance contacts

Related: The Jones Network in NYC—Brochure

Insurance Coverage Details

 

Insurance Coverage

This section details coverage details and limits for all key policies.


Predicted Compliance Status

 

Predicted Compliance Status

Predicted compliance status is based on insurance coverage data and calculated against the unique insurance requirements of a property or a construction project.

Vendors are assigned one of the three compliance statuses:

— Less likely to be compliant
Likely to be compliant
— Very likely to be compliant.


Verified Insurance Contacts

 

Verified insurance contacts

Verified Insurance Contacts
are the correct points of contact for any vendor. You will see the main contact, additional contacts, and insurance broker contact details. All contact details have been confirmed by Jones so that you don’t have to waste time reaching out to the wrong people.

Ready to automate COI collection at your company?

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