What happens if a company falsefies a Certificate of Insurance claiming they are covered but they are not?
A Certificate of Insurance was completed as if a company had general liability insurance so they could get in to a building to pick up product and drop off product. The insurance company that was listed on the Certificate of Insurance filed a formal fraudulent complaint with the Department of Insurance. What can happen to the company that forged the Certificates of Insurance?
Tags: certificate, claiming, Company, Covered, falsefies, Happens, Insurance, Insurance Company, They
Well, it happens.
It’s forgery, and a criminal charge. Likely, they’ll get stuck with a fine.