Month: October 2018

3 Things You Need to Know About Commercial Insurance

Posted on by AgentInsure

How do you protect your business in Centennial, CO from risk? If you own a business in Colorado, you need to protect it regardless of whether it is big or small. Get the help of reputable insurance agencies such as Compass Insurance. They will work with you to find the most appropriate quote depending on the needs of your business. The following are some important facts about commercial insurance.

You Need Commercial Insurance When You Run a Home-Based Business

If you run your business from your home, you may falsely assume that your homeowner’s insurance covers you. That is not true. You need insurance to cater to your business needs. If, for example, you need to make deliveries to your clients, you need commercial auto insurance for your vehicle. You need insurance for your business property and equipment too.

Commercial Insurance Does Not over Criminal Activities

Your commercial liability insurance may offer you protection for accidental damage to other people’s property. It also covers you if third parties get injured your business property. It, however, does not cover your business if you or your employees commit intentional acts of crime such as fraud, theft, or assault.

You Can Get Coverage to Suit Your Industry Needs

Different industries face different types of risks. What may be the perfect coverage for one business is not necessarily suitable for another. Your Colorado insurance agency can write a quote for you depending on the needs of your business. Commercial insurance covers you against different risks depending on the risks that your business faces.

Get your quotes for commercial insurance in Centennial, CO from Compass Insurance. They have a team of attentive and professional agents who will help you find the most appropriate quotes for your business.

How Much Boat Insurance Do I Need If My Boat is in Storage?

Posted on by AgentInsure

Boat owners in Centennial, CO normally store their boats to keep them from being exposed to the harsh Colorado winters. At Compass Insurance, the agents can offer suggestions for protecting your boat while it is in storage. Just like having insurance for your car, you want to reduce your risk as much as possible even when your boat is not in use. Storage insurance can protect you from loss even when your boat is not on the water. 

Storage Insurance

Storage insurance will protect your boat while it isn’t in use. Because there is less risk of liability while your boat is in storage, those amounts can be reduced until it is put back into action. Storage insurance can vary depending on how much protection you want. If you are putting your boat in a storage facility, you may choose to leave the liability insurance in place in case of an accident while the boat is being moved.

Reduce Your Risk

Before you put your boat in storage there are several things you can do to reduce your risk of loss or damage. Shrink wrapping your boat will protect the interior from falling debris while winterizing the motor will keep it from freezing in the extreme Colorado temperatures.

If you live in the Centennial, CO area and plan on storing your boat, call the agents of Compass Insurance today. They can answer any questions you have about storage insurance and how it can protect your boat from various types of risk. Contact their office and talk to one of the agents for the most up-to-date information possible.