Vendor Insurance
Certificates of Insurance
All vendors must have one or more certificates of insurance (COI) on file with BAMM to be permitted to vend. Insurance can be purchased from Campbell Risk Management for $285 per year, or added to most existing insurance policies.
Your COI(s) MUST be uploaded to your acceptance form. DO NOT submit multiple acceptance forms. COIs that are sent by email or postal mail WILL NOT BE ACCEPTED.
The requirements of the COI can be found in the sample COI image below, and include:
INSURED: Your name or the name of YOUR BUSINESS, matching your vendor application
POLICY EXP: The policy must be valid at the time of submission, and updated prior to expiration
LIMITS/OCCURANCE: The policy must include AT LEAST $1 million per incident
LIMITS/AGGREGATE: The policy must include AT LEAST $2 million aggregate
LIMITS/PRODUCTS: The policy cannot exclude products
CERTIFICATE HOLDER: Must be included EXACTLY as instructed prior to being accepted
Our provider says: "It is mandatory that markets require their vendors to maintain a commercial general liability policy that does not exclude products - completed operations coverage. Policy limit should be a minimum of 1 million per occurrence with a 2 million aggregate limit. Each vendor policy needs to list the market as an additional insured or contain a blanket additional insured endorsement and provide the market with a certificate of insurance confirming coverage."