Colorado Insurance: All Your Needs in One Place

Homeowners insurance in Colorado protects your home and belongings from costs related to property damage. If you have damage caused by a fire, severe weather, theft, or other types of unexpected events, your policy includes the following types of property coverage:

• Dwelling coverage: Pays to repair and replace your damaged home and attached structures.
• Personal property coverage: Pays for damage to your insured personal property, such as furniture, clothing, artwork, and so on.
• Other structures coverage: Covers any detached structures located on your property (e.g., sheds, fences, detached garages).
• Temporary living expenses coverage: Pays for additional living expenses (e.g., hotel bills, food, etc.) if you are forced to live somewhere else while your home is being repaired after a covered loss. 

Homeowners insurance in Colorado also includes personal liability coverage. It provides coverage if you or a resident of your household is responsible for causing property damage or an injury to someone else. 

A local independent insurance agent can help you find homeowners insurance in Colorado. 

Drivers in Colorado are required by law to have a minimum amount of car insurance that covers personal injury liability and property damage liability. This protects other people and their property if you’re at fault in an accident. 

Car insurance in Colorado must contain the following minimum coverages:

• $25,000 for bodily injury or death to any one person in an accident
• $50,000 for bodily injury or death to all persons in any one accident
• $15,000 for property damage in any one accident

Higher auto liability coverage limits may be purchased. You can also purchase other optional types of coverage in your car insurance policy in Colorado. You may select coverages such as uninsured/underinsured motorist coverage, medical payments/personal injury protection, collision insurance, comprehensive insurance, gap insurance, towing and roadside assistance, rental car reimbursement, and more. 

Contact an independent insurance agent in Colorado for the coverage you need. 

A typical business insurance package in Colorado will include the following types of coverage, at a minimum:

• Business property insurance: Covers damage to a building and its contents if damaged by a weather event, fire, theft, vandalism, and other covered perils. 
• Business interruption (loss of use) insurance: Protects your earnings if your business cannot operate because of damage after a fire, hail, wind, equipment breakdown, or another covered event. If you must close your doors temporarily to repair or rebuild your business after a covered event, this coverage pays for rent, employee salaries, lost income, relocation fees, etc.
• General liability insurance: Protects your business from lawsuits related to bodily injury and property damage claims. It pays for medical expenses, legal fees, and financial settlements or judgments. 

These policies can be purchased individually or as part of a specialized package policy designed for your industry. 

Most businesses will need additional coverage for complete protection. Depending on the size of your business and the type of work that you do, you might need: 

• Workers’ compensation insurance
• Commercial vehicle insurance
• Commercial umbrella insurance
• Various forms of additional property or liability protection

If you own a small business, you may qualify for a business owners policy (BOP). BOPs combine property coverage, business interruption coverage, and general liability coverage into one affordable package policy designed for the needs of small- to medium-sized businesses.

Whether you purchase your policies individually or as a package designed for your industry, your business insurance will protect you when your property is damaged or if your business is responsible for harming someone or damaging someone else’s property. 

Contact an independent insurance agent in Colorado for the coverage you need. 

Workers’ compensation insurance in Colorado entitles employees to receive medical treatment for work-related injuries or illnesses, no matter who is at fault. In return, employers are protected from being sued by employees over their on-the-job injuries. 

If you have one or more employees working for you in Colorado, you must have workers' compensation insurance. This applies to all employers, regardless of whether the employees are part-time, full-time, or family members. 

There are a few exceptions to the rule, especially for businesses in the construction industry and for independent contractors, so it’s important to understand how the law impacts your specific business. 

Workers’ compensation insurance in Colorado covers the following for injured workers:

• Medical care
• Lost wages
• Temporary total disability (TTD)
• Temporary partial disability (TPD)
• Permanent disability
• Permanent partial disability (PPD)
• Permanent total disability (PTD)
• Mileage reimbursement

Contact a local independent insurance agent to help you find workers’ compensation insurance in Colorado.

Restaurant insurance in Colorado typically consists of a group of business insurance policies that respond to unexpected events that can cause a financial loss. You need restaurant coverage to protect your business from things like fires, severe weather, theft, and accidents or injuries that occur on your property. 

Most restaurants in Colorado need a customized package of property, liability, automobile, crime, and other business insurance policies that protect them from a variety of risks. It’s a good idea to work with an independent insurance agent in Colorado and an insurance company that both specialize in restaurant insurance. 

Commercial vehicle insurance in Colorado covers cars, trucks, and any other vehicles used in business operations. Similar to personal auto insurance, commercial auto insurance provides liability, collision, comprehensive, personal injury, uninsured and underinsured motorist coverage, and more for the business owner. 

Under a commercial vehicle policy in Colorado, each vehicle your business owns or uses can be scheduled on the policy, along with corresponding coverage for that vehicle. Different vehicles can be insured with different levels of coverage, depending on your needs and the way that you use the vehicles.

Commercial vehicle insurance in Colorado has the same minimum coverage requirements as personal car insurance. Commercial vehicle owners in Colorado must purchase a minimum of: 

• $25,000 bodily injury liability coverage per person
• $50,000 bodily injury liability coverage per accident
• $15,000 property damage liability coverage per accident

Passenger carriers, certain freight carriers, trucks over 10,000 pounds, carriers that travel across state lines, and vehicles that carry hazardous substances must follow federal regulations for liability insurance coverage. 

Contact an independent insurance agent in Colorado to learn more about your commercial vehicle insurance options. 

Umbrella insurance in Colorado offers excess liability coverage that kicks in when the limits of an underlying policy—including home insurance, renters insurance, condominium insurance, boat insurance, or car insurance—have been exhausted. 

Umbrella insurance typically covers the following types of claims for any person that is covered under the primary insurance:

• Personal injury
• Advertising injury
• Property damage liability
• Slander
• Libel
• Defamation of character
• False arrest, detention, or imprisonment
• Malicious prosecution
• Mental anguish

Your umbrella policy in Colorado may offer coverage for certain losses that are not covered by the underlying policies, including covering you worldwide.

Renters insurance is a type of personal insurance policy. It protects your personal belongings against damage or loss. It also protects you if someone is injured as a result of your negligence. 

Renters occupy around 35% of homes in Colorado. Whether you rent an entire home or an apartment in Colorado, it is a wise decision to carry renters insurance. Renters insurance in Colorado covers you for losses related to the following:

• Fire 
• Smoke
• Lightning
• Vandalism 
• Theft (including personal items stolen from your car, but not the car itself)
• Explosion
• Windstorm and water damage (not floods) 

Renters insurance also provides liability coverage. Liability coverage protects your assets when you, a family member, or a pet injures someone or damages someone else’s property while at your home or somewhere else. 

Talk to a local independent insurance agent to find renters insurance in Colorado.

Life insurance in Colorado is a vital part of your long-term financial plan. Basic life insurance pays a lump-sum death benefit to your beneficiaries in the event of your death. But there are many forms and variations of life insurance, and the best one for you will depend upon your goals for the policy. 

The proceeds from a life insurance policy make cash available to support your family almost immediately upon your death. In addition, life insurance proceeds can be used to pay your debts, final expenses, and estate taxes. And it can even be a source of inheritance for your heirs. 

There are two major types of life insurance policies available in Colorado: term life insurance and permanent life insurance. Each offers benefits for different periods of time. 

• Term life insurance provides financial protection for a specified period of time, such as 10, 20 or 30 years. If you die while the policy is in force, your beneficiaries receive the death benefit. If you live to the end of the policy term, the policy terminates unless it automatically renews. 
• Permanent life insurance provides more than a death benefit. These types of policies offer a long-term savings or investment component (cash value). Whole life, universal life, and variable life insurance are all examples of permanent life insurance.

Contact an independent insurance agent to learn more about life insurance in Colorado.

Searching for the best and most affordable insurance products can be frustrating and confusing. That’s why it pays to have an experienced insurance professional in your corner.

Instead of getting an online quote, find an independent insurance agent in Colorado now, and get one-on-one consultation and affordable options for the best coverage for your unique needs. Your agent will work with you free of charge, offering you a variety of options so you can make the best choice.  

What’s more, your agent will be there for you when claim time comes. They know the ins and outs of the process and will make sure your claim is handled appropriately.

Contact an agent today for a free, no-obligation consultation.