Certificate of Insurance Requirements
Anyone removing non-hand carriable item(s) or needs to use a cutting tool must provide IRS with a certificate of insurance (“COI”) before purchased item(s) can be removed or dismantled. Such COI must contain the criteria provided below:
· COI must be for person or entity that will be on the premises performing the removal or disassembly.
· The minimum General Liability insurance requirement is $2,000,000.
· Industrial Recovery Service, Inc and seller and landlord must be named as
additional “insureds and beneficiaries”.
· A separate COI must be supplied for each individual Auction location with
location’s address.
· COI is to appear on a standard “Accord” format and is to be faxed to IRS
directly from your insurance company. Fax should be sent to the attention
of Matt Allen @ 717-843-7826.