Commercial Insurance.

A business will face different situations in the insurance world than an individual.  It’s a simple reality that anyone who comes into contact with you or your employees while you are conducting business can file a claim or lawsuit against you for any number of reasons.  This could be anywhere from physical injuries to wrongful termination.  Our insurance agency is a small business, just like yours, so we understand some of the challenges that face you as a business owner.

Get Your Free Quote Today

General Liability

General liability will protect your business against liability claims for bodily injury and property damage at your facilities.  For example, if a customer trips on a fixture at your business and is injured, your general liability can help with hospital bills and damages.  This will also provide coverage for your business if the customer sues for negligence.

Commercial Auto

Many people assume that just because your business does not own a company vehicle, you do not need commercial auto insurance.  Any businesses that have operations outside of the premises have commercial auto exposure.  For example, one of your employees might use their own car to deposit a check into the bank.  You may not realize that that is a commercial auto risk.  There are three types of commercial auto insurance: non-owned, scheduled auto, and hired auto.  It is important to understand the need to have commercial auto insurance.

Professional Liability / E&O Insurance

Does your company provide advice or provide a service to people?  If this is the case, then you most likely need to invest in Professional Liability/ E&O Insurance.  This insurance protects you if you unintentionally give the wrong advice to someone.  It also protects you if someone claims that you gave them the wrong advice.

Tenant Legal Liability

Tenant legal liability coverage pays for damage by fire to the rented premises that a tenant occupies.  This coverage includes garages.  If you are a business that rents your office/work space, you need coverage that will protect you if you or one of your employees were to accidentally cause damage to your rented space.  This also includes the space of other businesses in the building that is rented.

Garage Keepers Liability

Companies such as mechanics, auto body shops and garages can have many cars that are owned by someone else at their facilities.  If an employee of a mechanic shop is driving a car and gets into an accident, garage keepers liability will help to provide coverage in this accident.  This also covers cars that have damage done to them while on company property.  For example, if hail were to damage the cars at a mechanic shop, garage keepers liability would help cove these damages.

Employment Practice Liability Insurance

This coverage helps to protect companies against claims from employees, or people who were not hired.  This can also be used for third party claims, such as customers, if you have the right coverage amount.  These claims may include wrongful termination, failure to promote, age discrimination and many other potential claims.  This coverage will help to pay the costs associated with these claims.

Workers Compensation

In the state of Colorado, it is required for a business with employees to have workers compensation insurance.  Accidents are preventable, but they do still sometimes occur in the workplace.  It is important to make sure that your business is following the state guidelines and has workers compensation.