Month: April 2022

Top 3 Safety Tips for Boat Owners

Posted on by AgentInsure

Boat ownership can bring a lot of joy and excitement to your life. Understanding how to operate your boat in the safest way possible will ensure that you always get the most out of your boat ownership. At Compass Insurance serving Centennial, CO and the surrounding areas, we make it our aim to provide our clients and future clients with solid safety information so that they can make good choices with their boats and watercraft. Keep reading to learn the top 3 safety tips for boat owners. 

Take a Boating Course

Although taking a boating course is not required in most places in order to operate a boat, it is still a great way to increase the safety of your boat and decrease the risk of accidents and injuries. Some boat insurance policies also offer discounts for those who have completed a safety course. 

Insist on Life Jackets

It is imperative that you insist that life jackets be used by anyone using or visiting your boat if they are not strong swimmers. Remember, if you are the boat owner, then the burden of responsibility falls on you for the safety of anyone on your boat. The best policy is to always have life jackets available for all passengers. 

Stay Fully Insured

Even if you are operating your boat in an area that does not require boat insurance, keeping yourself insured protects you from many financial dangers. If someone is injured on your boat or because of your boat, you could be held liable. Insurance will protect you from this. 

If you would like to learn more about boat insurance, or any of our other insurance services, please contact us at Compass Insurance serving Centennial, CO and the surrounding areas. 

Do all Centennial businesses need commercial insurance?

Posted on by AgentInsure

Those that are in the Centennial, CO area will find it is a good area to start a business. With the growth in the entire area and a strong economy, there is a lot of opportunities available. When you do start a company here, it is increasingly important that you get the right insurance for it. There are various reasons why a business in this area of Colorado will need to have commercial coverage. 

Coverage is Needed to Comply with Requirements

One of the reasons a business in this area of Colorado may need to get commercial insurance is that it is a requirement in order for them to comply with various insurance requirements. When you are going to start a business, you are bound to need financing, raise capital, and lease a place of business. Further, you will need to enter into various vendor and customer contracts. In many of these agreements, the other party will require that you carry proper commercial insurance to protect your organization.

Needed to Receive Valuable Support

A key reason that you should get a commercial insurance plan is so you can receive valuable support for your organization. A proper commercial insurance plan today will provide you with coverage for all of your core business assets and offer liability insurance support. These plans ultimately will help to protect your organization and can keep you solvent in some difficult cases.

There are a lot of reasons to get commercial insurance in the Centennial, CO area. As you are looking for a new plan here, calling Compass Insurance to start the process can be a good option. There are many factors to consider when you are looking for insurance support and Compass Insurance will offer any guidance you need to choose and build an ideal plan.