Winters in Centennial, CO can be harsh. Putting your boat in storage is one of the best ways to protect it from the elements. The agents of Compass Insurance can provide you with important information on how to keep your boat protected while it’s in storage. Whether you store your boat at home or rent space at a storage facility, you will want to take a few precautionary steps to keep your boat in good condition until next season.
Winterize Your Boat
Winterizing your boat makes sure that the motor won’t freeze during the cold winter months. You will need to drain the gas and other fluids to ensure that no water gets in the lines. It’s also a good idea to give your boat a good cleaning both inside and out. Polish the exterior and wipe down the interior thoroughly. Disconnect the battery and remove it from the boat.
Cover your boat with a canvas cover or tarp to protect the interior from falling debris. You can also shrink-wrap your boat if you would prefer to have a tight seal that will prevent moisture from getting inside.
Talk to Your Insurance Agent
Talk to your insurance agent and let him know your boat is in storage. You may be able to purchase a storage policy for the months that your boat won’t be in use.
Compass Insurance serves boat owners who live in the Centennial, CO area. When you are planning on storing your boat for the winter, a quick call to their office will ensure that your boat remains insured even when it isn’t dashing across waves on the lake. Just because your boat is in storage doesn’t mean you should forget it. Protect it all year long with the right type of policy!
If you own a business in Colorado, there are certain requirements you must meet when it comes to commercial business insurance. You will want to ensure that you are following these requirements to protect yourself, your business, and your employees.
Requirements for small business insurance in Colorado
Workers’ compensation insurance
In Colorado, if you have employees working for you at your business, you will need to obtain workers’ compensation insurance. This type of insurance is required for all public or private businesses and any person who performs work or services for your business is assumed to be an employee of your business and you must cover them. This type of policy covers medical bills for any injuries or illnesses that employees sustain as a result of working at your business.
Commercial Auto Insurance
Any vehicles owned for use by your business must be covered by a commercial auto insurance policy. In Colorado, you must have at least liability insurance in the amount of $25,000 for bodily injuries sustained by each person in an accident, at least $50,000 of bodily injury insurance per accident, and at least $15,000 of property damage liability insurance per accident. Personal vehicles that are used for the business should also be covered under this policy even though in Colorado it is not required.
Although other policies are not required in Colorado under commercial insurance, you should definitely consider them since your business is a huge investment and your livelihood. Those include general liability insurance in case someone is injured on your business property or is injured by a product you produce or sell. This will also cover someone who slips and falls at your business or other accidents that could happen.
To obtain the best possible commercial insurance policy for your business, you will need to enlist the help of an experienced and trusted commercial insurance agent like the ones at Compass Insurance in Centennial, CO. Call for an appointment today!