Monthly Archives: August 2025

Does Your Small Business Need Workers Comp Insurance?

If you’re running a small business, you may be wondering whether workers’ compensation insurance is necessary. In most cases, the answer is yes. Having coverage can protect your business and your employees from costly setbacks.

What Is Workers’ Compensation Insurance?

Workers’ compensation insurance provides coverage for employees who experience work-related injuries or illnesses. It helps pay for medical expenses, lost wages, rehabilitation, and, in some cases, disability benefits. Additionally, it typically protects employers from lawsuits related to workplace accidents.

Is Workers’ Compensation Legally Required?

Workers’ compensation laws vary by state, but most require businesses with at least one employee (sometimes more) to carry coverage. Some states mandate coverage even if you only hire part-time workers or contractors. Failing to comply with these laws can result in hefty fines, legal penalties, or even business shutdowns.

Why Small Businesses Need Workers’ Compensation Insurance

Many small business owners assume they don’t need workers’ compensation if they have only a few employees or operate in a low-risk industry. However, workplace accidents can happen anywhere—from a retail shop to a home office. A single injury can lead to medical bills, lost wages, and legal fees that your business may struggle to afford without coverage.

Independent Contractors and Business Owners

Business owners and sole proprietors are often exempt from workers’ compensation requirements, but some choose to carry coverage voluntarily. If you hire independent contractors, you may still be held liable for their injuries in certain situations. Always check your state laws and consult with a licensed insurance agent to ensure compliance.

Contact Colling Insurance Services In Lakewood, CO

At Colling Insurance Services Inc., we proudly serve Lakewood, CO, and are here to help you find the right insurance products for your needs. Contact our team today to learn more about how we can help keep your small business safe and protected.

Why Your Company Should Offer Mental Health Benefits

If you’re a Colorado business owner, one of your priorities will be to purchase commercial insurance. Some business owners have concerns about choosing the right insurance options. If your business is near Lakewood, CO, our team at Colling Insurance Services Inc. invites you to explore our best solutions. We’ve been working with companies like yours since 1957.

Why Your Company Should Offer Mental Health Benefits

Caring for your employees includes choosing the right health insurance policy. While the primary focus of employee health insurance is to cover expenses related to physical health, many employers today are recognizing the importance of including mental health benefits. According to Murray Resources, neglecting mental health coverage is a short-sighted approach.

The modern business environment is filled with increasing stressors for both executives and employees. This stress can not only make work more challenging but also worsen physical health issues. Offering mental health coverage as part of your employee health insurance can serve as a valuable recruiting tool for prospective employees. Additionally, companies that provide short-term counseling services can help employees address issues that might otherwise impact their performance and job satisfaction.

Call Us Today for Your Appointment

Our team understands that every business is unique, and we are committed to helping you find the right insurance options tailored to your specific needs. At Colling Insurance Services Inc., we offer a range of customizable policies to ensure your business is adequately covered. Companies near the Lakewood, CO area have trusted us for nearly 70 years. Call us today to schedule an appointment, and let’s work together to protect your business.