Broomfield, CO, is home to over 8,000 acres of green space and 280 miles of trails. If you're a biker or walker, you'll have plenty to do. There are 68,341 residents in Broomfield, making it a mid-sized city.
When you're one of the 630,113 small businesses in the state, you'll need coverage. An independent insurance agent can help protect your assets for a fair price. You can connect with a local adviser in minutes.
Is Your Commercial Property Insured in Broomfield, CO?
Were you aware that commercial insurance doesn't always cover what you think it will? For instance, many commercial property policies available today only cover 80% of a building's value. That makes you responsible for 20% of a loss. To get the right insurance, speak with an agent on the following items concerning your structure:
- Operations that occupy the property
- Year built and structural makeup
- Total square footage
- Market value and replacement cost
- Protective devices in place
- Prior property claims
Common property risks in Broomfield, CO:
- Wildfires and residential fires
- Flooding and water damage
- Severe storms and lightning damage
- Heavy snow
- Burglary and other property crimes
Did you know you needed a separate flood insurance policy?
Contrary to popular belief, your commercial property policy won't cover flood damage. You'll need separate flood insurance to have coverage for a loss. Get with a Broomfield independent agent for quotes.
Worker's Compensation Insurance in Broomfield, CO
Colorado requires employers to carry worker's compensation insurance with one or more employees. Worker's compensation will pay for lost wages and medical expenses when an employee is hurt on the job. Since coverage is mandated, you'll want the help of a professional.
To avoid paying penalties or jail time, you'll need to have adequate coverage up to the state guidelines or more. An adviser can navigate the ins and outs of worker's compensation insurance. Connect with a Broomfield independent agent for quotes.
Does Your Broomfield, CO, Business Have Enough Liability Insurance?
There were $8,800,495,000 in commercial claims paid in Colorado in 2019. If you want to avoid paying for any loss out of pocket, you'll need an expert. Speak with an independent agent about the following liability insurances:
General liability (GL) insurance
GL insurance will protect your finances by paying for lawsuits arising out of bodily injury or property damage. GL insurance is the foundational policy from which other coverage extends. Talk to a Broomfield independent agent for review.
Cyber liability insurance
Cyber liability insurance will help pay for damages resulting from stolen data. When your clients' information gets hacked, you'll want protection. A Broomfield independent agent can give you details.
Business interruption insurance
Business interruption insurance will pay for your regular expenses when a catastrophe closes your doors. Typically coverage will last up to 12-24 months. Contact a Broomfield independent agent to add this to your GL policy.
Employee Benefits in Broomfield, CO
With over 1,059,196 people in Colorado employed by small businesses, you'll need to add value where you can. Employee benefits coverage will pay for your employee's health insurance and more. When you're looking to attract and retain staff, what you offer is important.
An adviser can help you set up a plan that makes sense for your business and your employees. Packages can include a variety of contribution options. Get with a Broomfield independent agent for details.
How a Broomfield, CO, Independent Insurance Agent Can Help
When you need business coverage that's sufficient and affordable, contact an independent insurance agent. They have access to several markets, giving you options on policy and price. Since they do the shopping for you, you can relax.
If you're tired of DIYing your insurance, get a professional. Connect with one of the 252 local independent agents on trustedchoice.com. You can use the find-an-agent resource to get matched fast.
TrustedChoice.com Article | Reviewed by Jeffrey Green
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