Click to Call
WestCo Insurance LLC

9235 N Union Blvd., Ste. 150 #385
Colorado Springs, CO 80920

WestCo Insurance LLC Blog

Insurance Blog

Required Commercial Insurance Coverage in Colorado

Like many states, Colorado dictates the kind of commercial insurance that Colorado business owners must-have. Two types are required for most businesses in the state. If you are unsure that you have all of the insurance coverage that your business needs, call us at Westco Insurance LLC in Colorado Springs, CO.

Workers’ Compensation Insurance

This type of insurance is required for all Colorado businesses that have employees. It doesn’t matter how many employees you have. It would be best if you had this coverage type for all of them. According to the state, even if you haven’t formally hired someone, if they do work for your company, they are considered to be employees. Your workers’ compensation policy pays for injuries and illnesses that a worker gets while at work. This protects your business from having to pay all of the medical bills directly. 

Commercial Auto Insurance

For businesses that own one or more vehicles, commercial auto insurance is required for those vehicles. Several types of coverage must be in these policies. These include bodily injury liability and property damage liability. Another type of insurance is recommended for vehicles that you use for business but are not owned by your business. This is called hired and non-owned insurance. 

Other Liability Coverage

There are several other types of commercial insurance that provide liability coverage. Though the state does not require them, they are highly recommended for many types of businesses. This includes a general liability policy that covers many different types of liability. Cyber liability insurance can help tremendously if there is a data breach of your system. 

Get Your Commercial Coverage

To keep your business compliant with Colorado laws, make sure you have at least the required amount of commercial insurance your business needs. If you want to know more, call us at Westco Insurance LLC in Colorado Springs, CO.

Get a Quote

Why work with us?

  • Locally owned and operated.
  • Policies that meet & exceed expectations.
  • Get an Annual Policy review.
  • We shop top carriers to find the best rate.
  • Solutions for complex situations (in the trees, too far from fire department, T-lock shingles, manufactured homes, etc.)
  • Dropped by your current carrier? We’ll find you a new one.
  • Lower hail deductibles
  • No “cosmetic hail exclusions”
  • Standard and non-standard auto rates/ SR22
  • A percentage of all profit goes back to Charitable causes

Servicing these States

  • Alabama
  • Arizona
  • Arkansas
  • Colorado
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Michigan
  • Minnesota
  • Missouri
  • Mississippi
  • Montana
  • Nebraska
  • Nevada
  • New Mexico
  • North Carolina
  • Ohio
  • Oklahoma
  • Pennsylvania
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Vermont
  • Washington
  • Wisconsin
  • Wyoming

Our Trusted Partners

  • AFLAC
  • AIG
  • Allstate
  • American Modern
  • Amtrust
  • BHCC
  • Bristol-West
  • Chubb
  • CNA
  • Dairyland
  • employers
  • Foremost
  • Great Amercian
  • Guard
  • Hagerty
  • lemonade
  • Liberty Mutual
  • Markel Insurance
  • national General
  • Nationwide
  • NEXT
  • Openly
  • Pie
  • Pinnacol
  • PLM
  • Progressive
  • Safeco
  • Secura
  • State Auto
  • The Hartford
  • The General
  • Travelers
  • UFG
  • universal-property-casualty
  • US-Assure
  • USLI
  • westfield