Colorado Springs business owners are well acquainted with wildfire season. The sky gets hazy, air quality drops, and you wake up one morning wondering if you or your employees can even safely work in your place of business. The thing is, the wildfire doesn’t have to be anywhere near you for the smoke to shut your business down. And that’s why commercial insurance is so important. <\/p>\n
Smoke can infiltrate your building even if the fire is burning 50 miles away. It seeps into the inventory after it infiltrates your building through the HVAC system. The air quality conditions can force you to have to close your doors. Then you can walk into your office to find every surface coated with nasty soot. And that smell is extremely difficult to get rid of. <\/p>\n
These details are especially important if you run your shop along the I-25 corridor or near the foothills, west of town. It’s not a distant concern out here. It’s happened before. <\/p>\n
When a covered event forces your business to stop operating, business interruption coverage kicks in. Some of the things it can cover include rent, paying your staff, utilities, and some other fixed costs. Bills that don’t go away just because you’re not able to conduct business. <\/p>\n
Keep in mind that not every commercial insurance policy has business interruption coverage. Sometimes it’s bundled in, sometimes you’ll need a separate endorsement. Westco Insurance LLC can go over your policy with you to make sure you’ve got this vital coverage. <\/p>\n
Colorado’s FAIR Plan was created under House Bill 23-1288. Under the FAIR Plan, you can get property coverage for up to $5 million even if your commercial property can’t get standard insurance coverage. That shows how serious the risk for smoke damage is in Colorado.<\/p>\n
We at Westco Insurance LLC know that commercial insurance policies can be complex. That’s why we’re happy to go over your policy with you to help you eliminate gaps. Get in touch today. <\/p>\n","protected":false},"excerpt":{"rendered":"
Colorado Springs business owners are well acquainted with wildfire season. The sky gets hazy, air quality drops, and you wake up one morning wondering if you or your employees can even safely work in your place of business. The thing is, the wildfire doesn’t have to be anywhere near you for the smoke to shut […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[10,9,22,23,11],"class_list":["post-172","post","type-post","status-publish","format-standard","hentry","category-commercial-insurance","tag-co","tag-colorado-springs","tag-commercial","tag-insurance","tag-westco-insurance-llc"],"_links":{"self":[{"href":"https:\/\/www.westcoins.com\/blog\/wp-json\/wp\/v2\/posts\/172","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.westcoins.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.westcoins.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.westcoins.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.westcoins.com\/blog\/wp-json\/wp\/v2\/comments?post=172"}],"version-history":[{"count":1,"href":"https:\/\/www.westcoins.com\/blog\/wp-json\/wp\/v2\/posts\/172\/revisions"}],"predecessor-version":[{"id":174,"href":"https:\/\/www.westcoins.com\/blog\/wp-json\/wp\/v2\/posts\/172\/revisions\/174"}],"wp:attachment":[{"href":"https:\/\/www.westcoins.com\/blog\/wp-json\/wp\/v2\/media?parent=172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.westcoins.com\/blog\/wp-json\/wp\/v2\/categories?post=172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.westcoins.com\/blog\/wp-json\/wp\/v2\/tags?post=172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}