Month: May 2018

All about Snowboard Insurance Coverage

Posted on by AgentInsure
Snowboarding is both a recreational and professional activity that has grown its popularity in winter sports. The need for a specialized insurance to cover snowboarders is what led to the emergence of snowboard insurance. It’s intended to protect you from any unforeseen circumstances during your snowboarding activities. If you are interested in snowboarding, you’ve probably invested a lot in buying the necessary equipment, and insuring them with snowboard insurance from Compass Insurance is the most logical way to protect them and enjoy your snowboarding activities worry-free.
 
Even though snowboarding is a fun winter activity, accidents from this sport can be very severe, ranging from wrists to head injuries. It’s not mandatory to have snowboard insurance in Centennial, CO, but even so, it’s important to protect yourself from unknown risks. Some of the coverage options you can choose from include: 
 
Medical expenses: Covers you from any injuries sustained while snowboarding by taking care of the medical expenses. It can also include emergency rescue services such as air ambulance.
 
Loss of use: Coming in the form of monetary value, this part of your policy compensates you for the days that you’re incapable of snowboarding due to bad weather. 
 
Personal Liability: Covers you against any liability claims if you cause bodily injury or property damage to someone else during your snowboarding activities.
 
Equipment cover: It’s common to lose or damage snowboarding equipment like boards, boots, bindings, helmets, and much more. A good snowboard insurance should be able to cover you from such losses.
 
Whether you plan to snowboard all year round or just go for a single trip, Compass Insurance offers customized snowboard insurance that fits every snowboarder’s needs. Choosing the right coverage may be challenging, so, let our knowledgeable local agents help you understand what works for you. We service the areas of Centennial, CO and its environs. For more information, contact us today.

How Much Commercial Insurance Do I Need?

Posted on by AgentInsure

If you own a business, there are many different important decisions that you will have to make. One of the most important decisions that you will have to make as a business owner is the decision to buy commercial insurance. There are several factors that you will need to take into consideration when trying to determine how much commercial insurance you need.

Workers Compensation

One of the most important types of insurance that you will need for your commercial insurance policy is workers compensation. For businesses in the Centennial, CO area, as well as the rest of the state of Colorado, having workers compensation insurance is in place if you have one or more employees.  You will want to have enough coverage to ensure it comfortably covers your employee’s medical bills if they are injured.  

Liability Needs

When you are trying to determine how much commercial insurance you need for your business, you also need to consider your liability risk.  All businesses are taking on liability when they serve customers and have anyone to their place of business.  The amount of liability insurance protection you should have will need to be based on the potential loss that you could incur if someone is injured using your product or service. 

For those that are in the Centennial, CO area, choosing the right type of commercial insurance and the right policy amounts is a big decision.  While a business owner wants to make sure they have good coverage, getting too much is a waste of money.  For those that are looking to better understand their commercial insurance needs, speaking with Compass Insurance would be a great option.  Compass Insurance will help to explain to you what the right types of coverage and policy limits are based on the risks of your business.