What does a Certificate of Insurance typically document?

A Certificate of Insurance primarily serves as a concise document that outlines the specific types of insurance coverage that have been issued to the insured, along with the associated coverage limits. This document is often utilized to provide proof of insurance to third parties and helps establish that the insured has the necessary coverage in place. It does not delve into the specific personal details of the insured, the history of claims made, or the detailed terms and conditions of the insurance policy itself. Instead, it acts as a summary that highlights the essential coverage information relevant to the parties that need confirmation of insurance.