Guide series
Certificate of Insurance
A certificate of insurance (COI) shows the coverage in force on its issue date. Learn the COI meaning, read the ACORD 25, and see how Advocate verifies COIs.
- Pillar guide
What a certificate of insurance is and how to read one
A certificate of insurance (COI) shows the coverage in force on its issue date. Learn the COI meaning, read the ACORD 25, and see how Advocate verifies COIs.
Read the guide - 01
What is COI tracking, and how does the process work?
COI tracking is the ongoing process of collecting, verifying, and monitoring certificates of insurance so required coverage never lapses. Advocate automates it.
Read the guide
Guide series
Commercial Property Insurance
Commercial property insurance covers a business's buildings, equipment, and inventory. Compare replacement cost and actual cash value, and how limits are set.
- Pillar guide
Commercial Property Insurance
Commercial property insurance covers a business's buildings, equipment, and inventory. Compare replacement cost and actual cash value, and how limits are set.
Read the guide - 01
How Much Does Commercial Property Insurance Cost?
How much does commercial property insurance cost? See how insured value and rate build the premium, which COPE factors set your rate, and how to benchmark it.
Read the guide
Guide series
Coverage Gaps
Coverage gaps are the risks a commercial insurance program fails to cover, from a missing policy to an excluded peril or a limit too low to fund a loss.
- Pillar guide
Coverage Gaps
Coverage gaps are the risks a commercial insurance program fails to cover, from a missing policy to an excluded peril or a limit too low to fund a loss.
Read the guide - 01
Common Commercial Coverage Gaps
The most common commercial coverage gaps are the exposures a business assumes are covered but are not, such as cyber, flood, and business interruption.
Read the guide - 02
How to Identify Coverage Gaps
To identify coverage gaps, inventory every commercial policy and its limits, map them against the risks the business faces, then flag anything uncovered.
Read the guide
Guide series
Cyber Insurance
Cyber insurance covers a business's financial loss from data breaches, ransomware, and network failures. See what it covers, typical limits, and who needs it.
- Pillar guide
Cyber Insurance
Cyber insurance covers a business's financial loss from data breaches, ransomware, and network failures. See what it covers, typical limits, and who needs it.
Read the guide - 01
How Much Cyber Insurance Do I Need?
How much cyber insurance do I need? Size a cyber limit from records held, downtime revenue, and contract minimums, and see what actually drives the cost.
Read the guide
Guide series
Price Benchmarking
Price benchmarking is the practice of comparing a price against the real transacted prices paid for comparable items. See how it works for insurance premiums.
- Pillar guide
Price Benchmarking
Price benchmarking is the practice of comparing a price against the real transacted prices paid for comparable items. See how it works for insurance premiums.
Read the guide - 01
How to Reduce Commercial Insurance Premiums
To reduce commercial insurance premiums, benchmark each policy against market pricing, improve loss history, and right-size deductibles and limits.
Read the guide - 02
What Is an Insurance Premium?
An insurance premium is the amount a policyholder pays an insurer for coverage over a policy period, priced to the risk. See how commercial premiums are set.
Read the guide
Library
All coverage guides
Every published guide in one place: coverage lines, servicing workflows and the documents that hold a commercial program together.
- 01
Business Interruption Insurance
Business interruption insurance replaces income a business loses while it cannot operate after covered property damage. See what it covers and how limits work.
Read the guide - 02
Commercial Auto Insurance
Commercial auto insurance covers vehicles a business owns or uses for work. See what it covers, how premiums are rated, and how to benchmark a fleet cost.
Read the guide - 03
Commercial General Liability Insurance
Commercial general liability insurance covers third-party bodily injury, property damage, and personal and advertising injury. See standard CGL limits.
Read the guide - 04
Commercial Umbrella Insurance
Commercial umbrella insurance adds liability limit above a business's primary policies. See how umbrella and excess liability differ and how limits stack.
Read the guide - 05
Errors and Omissions Insurance
What is errors and omissions insurance? See what E&O covers and excludes, how claims-made policies work, who needs it, and what drives the premium.
Read the guide - 06
Errors and Omissions Insurance for Insurance Agents and Brokers
E&O insurance for insurance agents covers claims that an error or omission caused a client an uninsured loss. See common claims and how to cut exposure.
Read the guide - 07
Inland Marine Insurance
Inland marine insurance covers movable property and goods in transit that a standard property policy leaves out. See the common forms and who needs it.
Read the guide - 08
Insurance BPO
Insurance BPO moves policy checking, certificate issuance, and data entry to an outside provider. See what gets outsourced, how it is priced, and the risks.
Read the guide - 09
Insurance Document Automation
Insurance document automation turns policies, endorsements, and COIs into structured data. See what it reads, how AI beats OCR, and when to build or buy.
Read the guide - 10
Insurance Policy Management System
Learn what an insurance policy management system does, where spreadsheets break down, and what to check before you buy, with a side-by-side comparison table.
Read the guide - 11
Lender-Placed Insurance
Lender-placed insurance is coverage a servicer buys when a borrower's policy lapses. See why it costs more, the CFPB notice rules, and how to remove it.
Read the guide - 12
Loss runs
What is a loss run? See what the carrier-issued claims history report shows, how to request five years of history, and how underwriters read it at renewal.
Read the guide - 13
Workers' Compensation Insurance
Workers compensation insurance pays medical costs and lost wages for on-the-job injuries. See what it covers and why the premium varies by class and state.
Read the guide
