The first thing we have to review is your current business insurance policy coverage along with items it may not cover, known as exclusions. As your independent agent we strongly encourage you to take the time to call us so we can analyze the coverage in your existing standard policy with you.

In Centennial Colorado, or even in surrounding areas such as Englewood and Highlands Ranch every insurance company is different when it comes to standard commercial policies, damage exclusions, and the time it normally takes the company to settle insurance claims. You need this information before anything happens, not after the fact.

Before we forget, you should make provisions for a backup of all your critical files whether it be a backup on the cloud, or elsewhere. This is for safety sake.

When it comes to damage claims, natural disasters such as a tornado, hurricanes or other catastrophic occurrences are classified as acts of God by some insurance companies. If there’s an exclusion, we need to deal with it now.

As your independent agent, our goal is to provide you with options that will give you as muchproperty insurance protection as possible. You have enough to deal with on a day to day basis without worrying about coverage. We encourage you to contact us so we can discuss things together and give you information.

If we find that your commercial insurance policy does not give you adequate protection, we can explore riders that could be added onto your policy. Other considerations include state and federal government insurance options. There’s also nontraditional natural disaster commercial insurance in the market, but we need to evaluate what you currently have and based on your location, your potential risk factors.

Whether your business in Centennial, Highlands Ranch or Englewood, Colorado is fully established or if you’re just starting out, commercial coverage for your business and its property is something you can’t do without. This is especially true if your business uses one or more vehicles. As with your personal auto insurance policy, a commercial policy provides similar types of coverage such as liability, collision and uninsured motorist coverage, for example. However, the similarities largely end here.

Most commercial auto insurance policies feature higher liability limits than most personal policies. The types of coverage offered are also more specialized. For instance, you can opt for trailer interchange insurance coverage if your company uses non-owned trailers under a trailer interchange agreement. With non-owned vehicle coverage, your employees are covered while driving vehicles not owned by your company.

The ownership status of the vehicles in question as well as how they’re used will determine whether or not they require commercial coverage. For example, if your vehicles are used for a livery service or if they are registered or titled to a business, corporation or a DBA (Doing Business As), then you may need commercial car insurance. Trucks and other utility vehicles with a gross vehicle weight rating exceeding 10,000 pounds may need commercial coverage.

If you use your personal car for business use, your personal auto insurance policy may provide some protection. Keep in mind that this protection has its limitations. If you’re involved in an accident and the other driver sues you and your business, your personal auto policy will likely shield you from the financial repercussions. However, your personal policy won’t defend your business or cover damages on its behalf.

It’s important that you contact us to speak to an independent agent if you have any questions or concerns about commercial auto insurance. As your agent, we can help guide you towards the right solution for your insurance needs.