Commercial Insurance in Colorado
In Colorado, we are known for our four seasons and the unique opportunities for adventure that come with each. Conversely, our rapidly changing weather patterns also have their fair share of risks. Your commercial insurance plan needs to protect your business through every season.
During winter, there is an increased likelihood of certain events that may turn into insurance claims. Knowing the potential risks, you can partner with a trusted insurance advisor to ensure your company is ready to handle any season.
Winter Risks
As a Colorado business owner, you need to be aware of the following winter insurance risks:
- Construction: Snow, ice, and cold temperatures create new risks on construction sites. Not only can the weather cause damage to a building in progress, but it also creates a higher potential for workers’ compensation claims as employees injure themselves through slips, falls, and cold exposure.
- Property: Freezing conditions and snow accumulation can cause downed tree branches, frozen pipes, and roof leaks leading to water damage. Be sure your commercial property insurance covers you for winter risks.
- Fire: As furnaces, electric heaters, and fireplaces kick on to battle temperatures, there is a steep incline in fire risk. Gas leaks and improper use of heating devices can create significant losses and claims.
- Auto: Commercial auto insurance faces challenges during the winter season due to dangerous road conditions. Accidents and damaged commercial vehicles cause many winter commercial insurance claims.
- Cyber: No matter the season, cybercriminals are looking for opportunities. Ensure you continuously monitor your cyber security practices and keep your cyber insurance policy current.
Business Insurance Ready for Every Season
Is your business insurance ready for every season? If you have any questions about the types of coverage you might need for your organization, please contact Steve Longenecker (303-808-9351 x2) at Mountain Insurance: Longmont.
We give out $25 gift cards for referrals that become our insurance clients.
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