How does STRATAFOLIO help with
Certificates of Insurance (COI)?
A certificate of insurance is a document that serves as proof that a property owner or tenant has the required insurance coverage. For commercial real estate, this document verifies liability and property insurance for the property in question.
Typical coverage includes landlord insurance, liability insurance, and loss of rent insurance, but it’s best to speak with a licensed insurance agent or attorney for accuracy. It’s important to keep coverage active and current in the event an incident or natural disaster occurs.
With STRATAFOLIO’s custom alerts, commercial real estate owners and tenants (and even a designated insurance company) are notified automatically about the status of these policies, including whether they’re due to expire or have been canceled, so that all parties can take action ahead of time.
Learn more about COIs in our helpful blogs:
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