Although business insurance is not required by law, many business owners opt to purchase it. This is because in a state like Colorado, where hazards such as tornadoes, wildfires, and hail are common, commercial insurance can cover expensive damage. This insurance can also prevent costly lawsuits from leading businesses into insurmountable debt, bankruptcy, or even permanent closure.
Because every commercial insurance policy package is customized to meet the specific needs of the business it covers, the costs for this insurance can vary greatly from one company to the next. Factors that influence rates include the business’s size, revenues, liability risks, assets, and number of employees. When you work with an experienced insurance professional, you can be sure you are paying only for the coverage your business actually needs.
We were looking for commercial insurance - we got some information from TrustedChoice and their agents were really helpful. The process was fast and easy and I would recommend them to anyone who is unsure about finding the right business insurance.Sally of Greeley, CO Consumer Affairs
Your business insurance policy can be customized to meet the specific coverage needs of your company. There is a wide variety of policy types and options available for you to choose from. That is why many business owners opt to work with an insurance professional when purchasing commercial insurance. Some coverage types that most Colorado businesses include in their policies are:
If your business is located in a flood zone or you are concerned about floods in your area, be sure to talk to your agent about commercial flood insurance.
There are currently 252 independent insurance agencies in Colorado who are ready to help you find the best insurance policies to cover your company. Your agent can save you time and money by working with several different insurance companies to obtain appropriate coverage at the most competitive rates. Talk to an agent near you to start comparing customized business insurance quotes.