As the owner of a business in the Parker, CO area, it is necessary that you acquire a good commercial insurance policy if you want to be sure to keep your business properly protected. You have multiple options when it comes to your commercial policy, but most business owners find that a full coverage policy is the best option. The rates for your policy will vary widely, but even with extensive coverage most business owners find that it is possible to get a great policy for a small monthly investment.
Liability insurance is something that every professional business owner needs. If you own a business, you have to deal with people, whether they are customers or employees or delivery people. Anytime that someone is on your property, they could get injured. Alternatively, you or one of your employees could accidentally cause harm to someone. If you provide any type of service or product, something you provide could potentially cause injury. Your liability coverage will compensate people for any legitimate injuries that your business is responsible for.
Commercial Property Insurance
Commercial property insurance works in a similar way to a homeowner’s insurance policy for your house. Basically, it covers the physical property where you do business, including everything from the structure to the grounds to the contents of the building. If your business ever suffers damage, whether it is caused by weather or theft or something else, your commercial property coverage will compensate your business for those losses.
We at Compass Insurance Group are able to help you create the perfect insurance policy for your business. Our agency offers free quotes, and we work with several major insurance providers to make sure you can get the best possible deal!
Residents of the state of Colorado are strongly encouraged to get homeowners insurance because it gives a level of protection that is simply not possible otherwise. The options in homeowners insurance coverage in Colorado are generally very straight forward. There are three basic areas in which your homeowners policy will cover your home.
First, your policy will give you liability coverage. This is the type of coverage that will pay for injuries and other damages that other people incur while they are in your home or somewhere on your property. For example, if you have a visitor to your home who breaks their arm due to tripping and falling over a major obstruction in your front yard, you are likely to be held responsible for their injury. The liability coverage will cover medical costs related to these types of damages, as long as they occur on your property and you are deemed to be responsible.
Your policy will also cover damages to your home and property. This damage could occur in a number of different ways. For example, natural disasters like storms may cause a number of damages to your home, and the property coverage will pay for the repairs needed. Damages that you cause are usually not part of the property coverage, but each policy may be unique so it is important that you talk with our agents to be sure that your policy covers all the damage types that you would like.
Finally, your homeowners policy will be there for you in cases of theft. If your home is burglarized, the homeowners coverage will pay for the replacement of any items that are not recoverable. The policy will also pay for repair of any damages that the burglars may have caused to your home.
Don’t let yourself be caught without the homeowners policy you need. It is extremely easy to get free live comparative quotes from multiple major providers on the Compass Insurance Group site. Use our live quotes tool, or give us a call anytime!