Tag Archives: commercial insurance

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.

No Business is Too Big or Too Small for Commercial Insurance Solutions

One of the paradoxes of business is that the more successful a company becomes, the more risk that success inherently carries. However, this doesn’t mean that small businesses are exempt from risks. The fundamental difference between smaller and larger companies lies in what they stand to lose and what’s at stake. To protect their companies from these risks, business owners in the Lakewood, CO area turn to the trusted and professional team at Colling Insurance Services Inc. for all their commercial insurance inquiries and concerns.

Commercial Insurance Solutions for Businesses of All Sizes

The cost of an accident, claim, or other issues can be substantial for larger companies. In contrast, while small businesses may not face comparable losses, a single major issue can have devastating effects and could even result in the company closing its doors. Fortunately, commercial insurance can help protect businesses of all sizes across every industry. That’s why it’s beneficial to work with experienced and proven agents who can assess your business risks and help you secure the commercial insurance solutions your business requires.

Commercial Insurance Solutions for Business Owners in the Lakewood, CO Area

If you’re a business owner in the greater Lakewood, CO area and have questions or need commercial insurance solutions for your company, we can assist. Contact us to learn more and schedule an appointment with our friendly and knowledgeable team at Colling Insurance Services Inc. today for the commercial insurance solutions and protection your business needs and deserves.

Insurance for Farm house

If you own a farm house in or around Lakewood, Colorado, you know you need to have insurance on it to protect yourself. If you’re using the house for a small business, having the right coverage is even more important. Commercial insurance may be required, depending on the type of business you’re operating. As an independent agent, we can help you sort out exactly what coverage you need and which company would be best for you. It’s important not to overpay, but you also want to focus on getting a good value for your money.

Consider the kind of business you’re planning to operate. If you work online only, doing things like graphic design or writing, you most likely don’t need to have a commercial policy. However, if you have customers and clients coming to your home and you’re operating any type of store or service facility from that home, you’ll want to make sure you have a commercial policy in place. This will protect you from issues like lawsuits if a customer slips, falls, or otherwise gets hurt on your property. While it won’t stop a person from suing you, it will stop you from being financially ruined by a lawsuit or other request for compensation from an injured patron.

Your standard homeowners policy isn’t set up to protect you and your property and finances from that kind of problem. By working with us, you can find out for sure if you need a commercial insurance policy for your farm house, so you’ll have proper protection and also peace of mind. Then you can relax and enjoy the beautiful area around Lakewood without fears over financial risk.