You have finally started your own business, or maybe you have had a business for a while, but did you know that in Colorado, there are certain insurance requirements in place for your business?

Workers’ compensation insurance

If you are a business owner who has employees working for you, you must carry worker’s compensation insurance on them. You must have this type of insurance policy for your employees if your business is located in the state of Colorado. You must do this whether you own a private business or a public one. Worker’s compensation is designed to cover the medical bills for any employee who is hurt while on the job or if an employee suffers an illness due to their job.

Commercial auto insurance

In Colorado, if you have vehicles that are owned by your business or used for your business, you must obtain commercial auto insurance for each vehicle. State requirements dictate that the minimum amount of auto insurance is a liability policy that includes $25,000 for bodily injury per person, $50,000 of liability insurance for each accident that occurs, and property damage insurance of at least $15,000 for every accident that happens.

Also, if you or your employees use your own vehicle for work-related activities, each of those vehicles must be covered by a business insurance policy since personal auto insurance policies typically do not include a vehicle when it is being used during the course of doing business. This type of policy can be added to your business owner’s policy or even your general liability insurance policy.

General liability insurance

General liability insurance is optional yet imperative for all Colorado business owners to obtain. It will cover some of the most common risks, such as damage to customers’ properties or for any injuries sustained by customers as a result of your product or service. It will also cover people if they are injured while visiting your business.

If you are renting space for your business, this type of policy will then be likely be required for you to obtain by the property owner. Commercial business insurance can even cover libel or slander lawsuits and property of your customers that are damaged by your product or service.

To create the best policy for you and your business, you will need to enlist the help of an insurance agent with knowledge and experience with commercial insurance. The staff at the Atrium Insurance Group in Centennial, CO is ready to assist you. Call for an appointment today!

DIY home security systems are a great way to protect your home and family from unexpected threats. A DIY system puts you in total control. You purchase the system outright, and no monthly fees are required. The agents of Atrium Insurance Group often assist homeowners and renters who live in Centennial, CO in determining what type of home security system will offer them the most benefits.

Easy to Relocate

DIY home security systems are great for renters because the system is easy to move from one location to another. The system doesn’t have to be hardwired into the electrical wiring, and nothing is permanently mounted. Installation, in most cases, takes less than 30 minutes.

Allows You To Keep Eyes on Your Home

Most DIY home security systems include a downloadable app that you can use to check your home at any time by accessing your video cameras. You can also set the system, so it sends you notifications if cameras are turned on or motion sensors are triggered.

Reduces the Risk of Loss

DIY home security systems also work to reduce your overall risk of loss. By allowing you to see what is going on in your home at all times, you can prevent break-ins, report fires, or call the police in case of an emergency. Checking on your home frequently can help you discover situations before they get too serious.

If you live in Centennial, CO, you can get in contact with the Atrium Insurance Group if you need to have more information on the benefits of installing a DIY home security system. Every agent understands your need to protect your home and family. Call the agency today and find out everything you need to know about DIY home security systems.