In construction, risk is everywhere—from safety hazards to supply chain delays. Yet one of the most overlooked and underestimated risks lies in something deceptively simple: the Certificates of Insurance (COIs) collected from subcontractors and vendors.
In the construction industry, Certificates of Insurance (COIs) are often treated as paperwork—another box to check during vendor onboarding or project initiation. But when COIs are missing, expired, or non-compliant, the cost of that oversight can be staggering....
