COI Compliance Cost Calculator
What does tracking certificates of insurance really cost your company? Adjust the sliders to see the annual admin cost, the risk cost of lapsed coverage — and what automation saves.
Vendors / contractors150
Admin hours per vendor per year4
Hourly admin cost ($)$30
Chance of a lapsed-coverage incident per year (%)2%
Average claim cost ($)$150,000
Annual admin cost (manual tracking)
$18,000
150 vendors × 4h × $30/h
Annual risk cost (lapsed coverage)
$450,000
2% × average claim of $150,000
What COIFort automation saves you per year
$465,300
~85% of admin cost + the risk cost of lapsed certificates
Start free trial