Rocky Mountains

Colorado Commercial Insurance

Many people do not realize the importance of commercial insurance products and are reluctant to spend a decent amount of money on it. Finally they realize their mistake too late to correct it, as Office building clip art their insurance product does not provide adequate amount for the damages caused by an external agent. Commercial insurance products make sure your company is successful and safe through both favorable and unfavorable times.

Common commercial insurance products

  • General liability insurance:

General liability insurance in Colorado protects from 3rd party claims regarding fire, vandalism, bodily injury, and various other circumstances.

  • Property insurance: 

Commercial property coverages include those for buildings, contents and tenant improvements.

  • Worker’s Compensation: 

In Colorado, it is required that every business that hires any W2 employees must purchase and maintain worker’s compensation insurance. In the event of illnesses or injuries that are workplace-related, this insurance covers lost income/wages, medical costs, rehabilitation costs, and death benefits and other potential costs.

  • Commercial automotive insurance:

It provides coverage to company-owned or leased vehicles and covers claims on bodily injury, medical payments, property damage liability, collision and some other expenses. See more here about Commercial Auto Insurance.

  • Inland Marine: Inland marine insurance covers movable or specialized types property, including those for construction equipment, medical diagnostic equipment, fine arts, solar panels and wind turbines, cameras and movie equipment, musical instruments, and a wide variety of other types of property. Coverage includes a wide range of property and materials, including:

– Property in transit
– Property in the custody of a Bailee
– Property of transportation or communication, such as bridges and radio towers
– Mobile medical equipment
– Contractors equipment

  • Errors and Ommissions / Professional Liability insurance:

Errors and Omissions insurance is a form of professional liability insurance that covers the holder in cases of malpractice, improper actions or negligence that may result in lawsuits or legal damages.  Steve is an MLIS (Management Liability Insurance Specialist) agent, which is a certification after a long series of studies dedicated to insuring for professional liability products.