myCOI vs 1099Policy

myCOI finds coverage gaps. 1099Policy closes them.

Both platforms check certificates of insurance. The difference is what happens when a contractor doesn't have one: myCOI flags the gap and the chase begins. 1099Policy gets eligible contractors covered for the assignment, with the certificate issued before work starts.

Book a walkthrough →How COI tracking works

What each tool doesWhat's differentPricingWhich one you need

Side by side

What each one does.

Feature	myCOI (illumend)Tracks certificates	1099PolicyPlaces coverage
What it's for	Tracking certificates of insurance from vendors and contractors	Getting US contractors insured for the work, and proving it
Checks certificates?	Yes: requests, reads, and renews them. Review available as a service	Yes, automatically during onboarding, against each assignment's requirements
Contractor has no insurance?	Flags them. Fixing it is up to you	Eligible contractors get covered for the assignment before work starts
Provides insurance?	No, software and services only	Yes: workers' comp, general liability, and specialty lines, per assignment
Pricing (Aug 2026)	Not published; quoted by contract volume	Per-assignment premium, a small percentage of contractor pay, plus a platform fee that is a fraction of a percent of spend
Best fit	Counterparties who already carry annual policies	Contractor workforces where some people show up uninsured

The honest version

When myCOI is the right choice.

If everyone you hire already carries insurance and the pain is paperwork volume, myCOI is a good tool with fifteen years behind it. It stops helping the moment a contractor has no insurance: the tracker can flag that, but it can't fix it. Hire independent contractors in volume and that's not an edge case, because many don't carry a policy between jobs. That's what 1099Policy is for.

myCOI details on this page are from what the company publishes, August 2026.

How 1099Policy handles it

Two kinds of contractors, one onboarding.

Already insured

They upload their certificate. We check limits, dates, and named parties against the assignment. Pass and they're cleared; fail and you know why.

See automated COI review →

Not insured

Eligible contractors pick up coverage for the assignment while they onboard, in their own name, with the certificate issued before day one.

See how it fits together →

About the coverage. Written per assignment in the contractor's own name and backed by a licensed carrier. Available to eligible contractors, subject to underwriting, the type of work, and the state. Workers' comp covers 46 states; North Dakota, Ohio, Washington, and Wyoming run their own state funds. Construction trades are not covered. Insurance does not change how a worker is classified.

Illustrative example

Sixty contractors, one client requirement.

A staffing platform onboards 60 US contractors for a retail event. The client requires workers' comp and $1M general liability from every one. The certificates come in: 38 covered, 22 with nothing.

With a tracker, the 22 are red rows on a dashboard and the start date slips while they shop for annual policies they don't want. With 1099Policy, the 38 certificates are checked automatically, the eligible 22 pick up assignment coverage while onboarding, and the event starts on schedule.

Common questions

What teams ask when they compare myCOI.

What myCOI does, what it costs, and what happens when a contractor has no insurance.

It depends on your problem. If your contractors already carry insurance and you just need the certificates collected and checked, myCOI does that well. If many of your contractors show up uninsured, 1099Policy checks the certificates that exist and covers the eligible contractors who need it.

No. myCOI (now called illumend) is compliance software and services; contractors get their own policies. 1099Policy provides workers' comp, general liability, and specialty coverage per assignment, in the contractor's own name, for eligible contractors.

myCOI doesn't publish prices; plans are quoted by contract volume. 1099Policy charges a per-assignment premium that is a small percentage of contractor pay, plus a platform fee that is a fraction of a percent of spend.

Yes. Some teams keep a tracker for vendors who carry annual policies and use 1099Policy for the contractor workforce, where missing coverage is common and start dates are tight.

It depends on the work, the state, and what your client or worksite agreement requires. General liability is the most common requirement; some assignments also require workers' comp. Workers' comp through 1099Policy is available in 46 states (not North Dakota, Ohio, Washington, or Wyoming, which run state funds), and construction trades are not covered.

Call to action section for 1099Policy

Know who's covered. Cover who isn't.

Certificate checks for the insured, coverage for the eligible uninsured, and the paperwork done before work starts.

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