FREE COURSE

Learn how to review COIs and other insurance documents like an expert

If you are a property manager, you probably review insurance documents (such as certificates of insurance, or COIs) for compliance regularly. This free video course will explain the basics of most common COI elements, provisions and endorsements, and teach you how to review insurance documents 3x faster and more accurately.

Who is this course for?
  • Property managers and admins
  • VPs of Property Management and executives
  • Anybody in real estate who reviews COIs
  • Sign up to access this course

    100% free. No credit card needed

    Course details:

    6

    Videos
    6
    Quizzes
    25 min
    Duration
    1
    Compliance test
    What you will learn

  • Review COIs and endorsements for compliance.
  • Spot coverage gaps in tenants' and vendors' insurance documentation.
  • Avoid common mistakes that property managers make on a daily basis when conducting compliance reviews.
  • Watch Now
    Part 6: Common Mistakes Property Managers Make When Reviewing COIs

    Watch time - 5:03 minutes

    Course curriculum

    Lesson

    Instructor

    Part 1: How to Review a COI

    4:37

    Alex Kario

    Head of Auditing Department


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    In this lesson, we will look into the most important elements of a COI— the Insured Name, the Table of Policies, the Description of Operations box, the Certificate Holder, and the Signature. We will review the Acord 25 form and learn what to look for to make sure the COI is valid.


    Part 2: Endorsements

    5:01

    Alex Kario

    Head of Auditing Department


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    In this lesson, we will learn about Endorsements—what it is, the four main Endorsement types, and the difference between Schedule and Blanket Endorsements. We will also review how to identify Endorsements and reveal a shortcut that help the Jones Team save hundreds of hours when it comes to distinguishing Endorsements—the alphanumeric codes.


    Part 3: Additional Insured

    6:10

    Alex Kario

    Head of Auditing Department


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    In this lesson, we will focus on Additional Insured. We will learn the difference between AI status and AI endorsement, the 4 main places you can find information about the Additional Insured in insurance documents, and the two main types of Additional Insured coverage that we see in Endorsements—Ongoing Operations and Completed Operations.


    Part 4: Waiver of Subrogation, Primary & Non-Contributory, and Notice of Cancellation

    6:28

    Alex Kario

    Head of Auditing Department


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    In this lesson, we will dive into three very common requirements that everybody should pay attention to when reviewing COIs: 1) Waiver Subrogation, 2) Primary & Non-Contributory, and 3) 30 Days’ Notice of Cancellation. We will review what purpose each of these requirements serve and where to look for evidence that these requirements are satisfied in the insurance documents.


    Part 5: Property Insurance

    6:08

    Alex Kario

    Head of Auditing Department


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    In this lesson, we will look into Property Insurance. We will review the difference between Property Insurance and the Property component of Liability Insurance, look at different places we can find evidence of Property Insurance— such as Acord 25, Acord 24, Acord 27, and Acord 28, and learn how to review Property Insurance for compliance.


    Part 6: Common Mistakes Property Managers Make When Reviewing COIs

    5:03

    Alex Kario

    Head of Auditing Department


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    In this lesson, we are going to discuss three most common mistakes that we see property managers make: 1) confusing Endorsements and Provisions, 2) failing to distinguish between Workers’ Comp and Employer’s Liability, and 3) confusing Property Insurance with the Property component of General Liability. We are going to dissect and explain every use case.