While contractors are not technically employees, they can still be covered under your workers compensation policy. In some cases, contractors may be covered if they are working on your property and performing tasks that are integral to your business. It's important to keep track of all contractor information, including their hire dates, job titles, and job duties.

Hiring an uninsured contractor can be a risky situation for a business. If an accident or loss occurs during their work, the business may be held liable if the contractor does not have sufficient insurance coverage. By requiring contractors and vendors to have insurance coverage, businesses can protect themselves against potential risks and liabilities.

There are risks to hiring uninsured subcontractors, but you can legally protect your business. You may have to pay for the damages caused by an uninsured subcontractor's negligence or flaws in their work, even if it was not your fault. They may not be licensed, which means they cannot legally perform certain types of work. If they don't carry proper insurance, you could be held liable for their medical expenses.

COI’s or “Certificates of Insurance” are specific documents that contain necessary details for an insurance policy. The goal for the COI is to provide the policy status, show an overview of what is covered and by whom. The main importance is to protect third parties’ liabilities and litigation.