Binder checks every certificate your vendors send against what your contract actually requires — limits line by line, dates, carrier rating, and the endorsements that do the legal work. Then it tells their broker exactly what to fix, in one email instead of four.
No card, no demo call, no implementation project. The demo is a property manager with eighteen vendors, eight of them not clear to work, and none of them aware of it.
An ACORD 25 says in its own header that it is issued as a matter of information only and does not amend, extend or alter the coverage afforded by the policies. Read literally, the document in your folder confers nothing. What protects you is the endorsement behind it — and endorsements are a checkbox on a form rather than a number, which is why they are the thing everyone skips.
Almost every small programme tracks one thing: the expiry date. It will not tell you the products-completed operations aggregate is half what the contract says.
myCOI asks for a minimum of 200 incoming certificates and starts north of $500 a month, on a custom contract after a demo. Below that line there is nothing.
A vendor's employee is injured, the carrier declines to defend you because you were never named as an additional insured, and the certificate in your folder turns out to be a summary of somebody else's protection.
A roofer and an IT consultant carry different things. Set limits per coverage line, the endorsements you need, and the carrier rating floor — then attach vendors to a set.
The portal shows the agent exactly what is required, in the same figures the check uses, before they submit. Most get it right the first time because they can see the target.
Every gap names the coverage line, the shortfall and the endorsement form number. Print it as a deficiency letter and send it — the agent can act on it in one pass.
Occurrence and both aggregates on general liability, combined single limit on auto, three employers-liability limits on workers compensation. Not "the limit".
Auto and general liability rarely expire on the same day. Each line is checked on its own, and the renewal clock runs off the earliest one.
Additional insured for ongoing (CG 20 10) and completed operations (CG 20 37), waiver of subrogation (CG 24 04), primary and non-contributory (CG 20 01).
A.M. Best rating and financial size against your contract's floor. A policy from an unrated carrier is a promise from a stranger.
A certificate made out to a different entity is evidence about somebody else's contract. Silent, common, and caught here.
Accept a known gap for a stated reason until a stated date. It shows on the vendor, on the letter and in the audit trail — because a programme with no exception process gets abandoned.
Published, self-serve, no minimum. Certificates already on file stay open to you even if you stop paying — they are evidence, and holding evidence hostage would be indefensible.
Up to 100 vendors, 3 people.
Everything in Standard, plus:
14-day trial with every feature. No card up front.
Property managers, general contractors, franchisors, staffing agencies, venues, logistics brokers — anyone who has vendors on site or on the road and a contract saying what they must carry. Typically twenty to two hundred vendors, one person who owns compliance among four other jobs, and a spreadsheet with a colour-coded expiry column.
It reads certificates you enter or your broker enters; it does not scrape PDFs, and it does not verify coverage with the carrier. What it does is compare, precisely and every time, and tell you what to ask for.