/ BLOG

Understanding Insurance: What is an Additional Insured?

Feb 25, 2022 · 5 minutes to read

What is an additional insured

There’s a lot to learn when you run your own business, especially when it comes to insurance. You may be asked to add someone to your business insurance as an additional insured, particularly if you work with clients or partners. If you’re new to business, this might sound like an odd request.

Adding an additional insured on Professional Liability, General Liability, and other policies is a common event in the business world. It’s typically a straightforward process that can benefit both parties. Let’s take a closer look at additional insured and why you may need to add them to your business insurance policies.

Policyholders, Additional Insureds and Certificate Holders

To understand what an additional insured is, it often helps to also know other insurance terms that are closely related:

Who is the policyholder?

A policyholder is the person or business that owns an insurance policy. They are the person who purchased the policy and who benefit directly from it. You are the policyholder of any insurance policies that you have purchased to protect yourself or your business.

Who is an additional insured?

An additional insured is someone you add to your insurance policy. This can be an individual or a company. Additional insureds are named on your Certificate of Insurance (COI) after you have added them.

Who is a certificate holder?

A certificate holder is a person who you have given a certificate of insurance. Certificate holders request a COI as proof that you have business insurance and that your policies are currently active. An additional insured may ask for a COI as assurance that you have, in fact, added them to your business insurance policies.

Why would I add an additional insured to my policy?

Now that you understand what an additional insured is, you might be wondering why you’d need or want to add someone else to your business insurance policies.

Typically, an individual or business will ask to be added to your policy to provide them with extra liability protection. If they are sued due to your actions, the additional insured can go to your insurance policy to protect their business, rather than relying on their policy alone.

An additional insured may only be protected by your policy for a limited amount of time. For example, just until the project you are working on together ends. However, they can remain on your policy for as long as it is in force. This is more common if you are working with long-term partners or clients. Adding someone as an additional insured to your policy is often a contract requirement to work with certain businesses.

This process can also work the other way around. You can ask to be included as an additional insured on another individual or business’ policies to increase your liability protection.

Can I add an additional insured on a Professional policy?

Maybe. Adding an additional insured to your Professional Liability policy depends on whether your insurer allows it or not. Many do, but some may not. Your insurer may need to approve the additional insured on your Professional Liability policy before officially adding them.

This information should be included in the policy wording you received when you purchased your insurance. You can also speak with your insurer if you are unsure.

How can I add an additional insured to my policy?

Adding an additional insured on your Professional Liability or other insurance policies is often a simple process. Many insurers allow you to make these updates online as they are needed, adding as many businesses and individuals to your policies as you wish. You can even receive an updated COI immediately, so you can quickly provide this information to your additional insured or other certificate holders.

When comparing insurance policies, you might want to ask how long it takes for the insurer to provide you with a COI. For some insurers this is still a manual process that can take days or even weeks to complete. Depending on how you do business, this may be too long to wait. Being able to receive an updated COI immediately could be an important factor to consider when you choose a policy.

Insurance Designed for Your Small Business

BizInsure understands that small business owners are busy. That’s why we make finding insurance simple and quick, from start to finish. Compare and buy policies from top-rated insurers in minutes and receive your certificate of insurance instantly.

Ready to get started? In just 10 minutes you could be covered and ready to get back to business. Start getting quotes now.

*As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained on this web page is general only and should not be relied upon as advice.

Get Free Online Quotes and get coverage instantly

The coverage you need for your business.

Business insurance is divided into different policies. We offer 4 types so it's easy to design the coverage that fits your business.

Professional Liability Insurance

Get a quote

General Liability Insurance

Get a quote

Business Owner’s Policy (BOP)

Get a quote

Workers Compensation Insurance

Get a quote

Let's find

The coverage you need for your business

Professional Liability Insurance

Get a quote

General Liability Insurance

Get a quote

Business Owner’s Policy (BOP)

Get a quote

Workers Compensation Insurance

Get a quote

Friendly and very fast service!
Patricia S.
1713020220
Jennifer Whiscombe, is an amazing agent. She was very knowledgeable, thorough and friendly. I highly recommend.
Ebony D.
1712939806
They make it very easy to buy insurance and renew.
Bill N.
1712763118
As a business owner I love not wasting time. Thank you so much for giving me more time
mario S.
1712678018
Very straight forward, the cost of coverage amount made sense, simplicity was appreciated.
Jean H.
1712557699
Always easy. Thank you.
Dave C.
1711734978
A Company that is easy to deal with and that I have used for several years. I appreciate the continued support.
Sam M.
1711718774
Very easy and affordable!
Volanda H.
1711024298
Very easy to work with, cost effective, prompt renewal and easy to get certificates of insurance instantly. I use them exclusively for my professional and general liability insurance needs as a consultant.
Larry (.
1710956598
Responsive and professionalCompetitive price. I highly recommend Bizlnsure as an insurance provider
Zynab B.
1710433556
Your service is easy to renew as needed and your company informs the client in advance for renewal.
Henry B.
1710352389
It has been a pleasure doing business with Biz Insure Llc.Their representatives are very courteous, helpful and customer service oriented.
Shonta I.
1710297732
Quick and easy....
Tammy K.
1710172643
I follow the instructions & would prefer to paid every month. I did not have the options to pay every month.
Alamo H.
1709935830
Thank you, Amy, for making my experience enjoyable and funny. Thank you so much for your kindness!!!
George J.
1709840615
I'm pleased with the business quote I received from Bizinsure LLC. Thank You!
Shanda J.
1709586997
Very satisfied with the online experience
Nicole h
1709238653
Been a happy customer for years! Easiest company to receive a quote and get insured. No hassles! Easy payment! Finance plans, if needed!
jodi H.
1709226367
Love it
Hanna R.
1708272180
Every year, BizInsure is my go to for general and professional liability insurance! Thenrates are unbeatable.
Calandra K.
1708044666
The agent was quick and efficient in generating a quote for my needs.
Theresa F.
1707895796
I enjoy working BizInsure they always answer all my questions and make sure i have the correct coverage for my business.
Prompt and professional service from Biz Insure. Thanks Leslie and Liza!
Bev G.
1707524454
Very easy to sign up for insurance.
Great company
Brown G.
1706896003
Fast and efficient!
Kim C.
1706746693
It was great being able to get a policy that suits my company's need in less than 30 minutes. They were vey thorough. Very competitively priced.
Lynette C.
1706621476
I worked with Andrea for another start up business. She was very knowledgeable and help me pick the correct policy. Amazed at how quickly the process went.
Representative was very kind, helpful, and educated me well. I appreciated today's prompt service with confirmation that I was satisfied with what was provided to me.
Tina P.
1706224051
Great company for.your low cost business insurance needs.
constantin T.
1706156911
Staff was very fessional and friendly. I was able to get a quote and move forward within 20 minutes.
Pebbles S.
1706126428
Wonderful
Complete C.
1705788054
MUY BUENO
Super easy process.
Ashley G.
1704830227
It’s very easy to understand and at a very reasonable price.
Mary M.
1703780096
Professionalism, Quality, Responsive and budget friendly
B D
1703029371
Great rates, easy to understand and select appropriate coverage, can get in a jiffy
Brie C.
1702775397
I have been a customer of BizInsure for a few years now and I love it. There customer service is awesome and the prices are affordable.
Danyale W.
1702132165
Quick easy experience! The rep was knowledgeable & pleasant. Customer care was awesome to respond and clarify my concerns.
Kathy Ann A.
1702059151
js_loader
Google Rating
4.7
Based on 262 reviews
×
js_loader