2000 - Insurance verification Procedures.pdf

The document outlines the Policy and Procedure for Insurance Certificate Verification at the Town of Southwest Ranches. It establishes guidelines for verifying Certificates of Insurance to ensure compliance with procurement and contractual guidelines. The responsibilities lie with the Finance Department's Procurement Officer/Support. The procedure involves verifying the insured vendor's name, contact information, and insurance details through specific websites. It also requires confirming minimum liability limits, ensuring the correct certificate holder and description of operations, and checking for unexpired dates. In case of any issues, the insurance agent and vendor are contacted for a new certificate, and the Vendor spreadsheet is updated accordingly.