Daniel Bagliore's blog

Using Market Value to Calculate Income from Assets

During the certification process, owners are required to determine the value of eligible household assets and any income derived from such assets. Any asset income is included in the annual income calculation for the household.

Owners need to verify, among other things, the following asset information:

Review Certificates of Insurance to Help Minimize Risk Liabilities

By Daniel Bagliore

Any site risk mitigation strategy should include a procedure to track and review Certificates of Insurance (COI). The appropriate site manager should ensure that a COI is collected from any vendor and contractor working on your site as well as any tenant with a renter’s insurance policy.

The COI is usually issued by an insurance broker on an Acord 25 (Certificate of Liability Insurance) form to confirm the existence of an insurance policy and relay some of its basic terms.