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A Certificate of Insurance (COI) is a document issued to small business owners as proof of their insurance coverage. It is a simple form from an insurance company or broker detailing the types of coverage, the issuing company, policy number, insured names, policy dates, and limits and deductibles. General contractors often face risks that can lead to significant losses from accidents, impacting both their reputation and clients with unfinished projects. To mitigate this risk, contractors typically obtain general liability insurance. In many states, having proof of liability insurance via a COI is necessary for obtaining a general contractor license, although local governments may not enforce this requirement.