Is Your Colorado Business Disaster Ready?

When you own a small business, you need to be ready for any eventuality. This includes planning for a disaster. By making a disaster readiness plan, you’ll have a better idea of what to do in the event of a disaster and how to recover. Your plan should start with protecting your Denver, CO business with commercial insurance. Here are a few more tips from Strategic Insurance Services, LLC on how you can prepare your business for a disaster.

Emergency Plan

Create an emergency plan for handling disasters and make sure all your employees know what to do when disasters strike. Your business should have evacuation routes for employees and customers in case they need to leave quickly. Hold drills from time to time to practice evacuating safely. Assign responsibilities to your workers so they’ll know their role when disasters strike.


Discuss how you will communicate during and after a disaster. This includes communications with your employees, customers, business associates, and suppliers. It’s important to keep your workers and clients informed about the state of your business after a disaster.

Essential Data

Protect your essential data by creating duplicate copies and storing them off-site or in the cloud. This includes employee and customer data, financial records, inventory records, insurance records, and other important records you don’t want to get lost.

Commercial Insurance

Make sure you have adequate commercial coverage to protect your business operations in the event of a disaster. This includes property coverage, general liability, business interruption, and worker’s comp. The right coverage will be instrumental in helping your business recover from disaster damage. In addition to insurance coverage, allocate funds specifically for emergencies so you’ll have immediate access to finances in a crisis.

For quality commercial coverage to protect your Denver, CO business from disasters, contact Strategic Insurance Services, LLC.

What Level of Auto Insurance is Required in Colorado?

If you are an automobile owner in the state of Colorado, you have to have a certain level of insurance to drive on the roadways legally. Failure to purchase adequate coverage can lead to fines that could be costly. There are different options to consider when you’re buying auto insurance, depending on your budget and needs.

At Strategic Insurance Services, LLC in Denver, CO, our agents have years of experience helping drivers get the best rates and plans for their cars and other vehicles. We can also help with commercial and other types of insurance if you own a business and need coverage for employees, vehicles, and assets.

Minimum Auto Insurance Coverage

Basic liability insurance is required of all Colorado drivers. This is standard insurance that protects when an injury to another occurs, or damage to property or a vehicle happens when the insured is found to be at fault. There are different levels of coverage, such as comprehensive and collision, that increase in cost and provide greater coverage, but minimal liability is a necessity in the state of Colorado. To avoid fines and penalties, this minimal amount of insurance must be maintained.

Trusted Auto Insurance in Colorado

Give us a call at Strategic Insurance Services, LLC in Denver, CO to set up an appointment to discuss your auto insurance options in Colorado. We know your vehicle is an important investment you want to protect, and in the event of an unforeseen accident, you want to be protected. We can walk you through all your options and get you the best policy possible so you can feel safe out on the road.

We look forward to seeing how we can help you with your auto insurance needs.

Most Common Risks of Not Having Commercial Insurance

Most likely, you have insurance for your car, your house, and your health. Therefore, if you are a business owner, it makes sense that you need commercial insurance. Business insurance is a necessity for all business owners who want to protect their company, themselves, employees, and be ready for the unexpected in general. If you are still thinking that skipping commercial insurance is a good idea, Strategic Insurance Services, LLC, serving Denver, CO, has prepared the list of risks of operating a business without insurance:

Violating The Law

The first and most serious risk is the violation of the law. The state of Colorado requires all small businesses to have workers’ compensation insurance, commercial auto insurance for vehicles, and professional liability insurance for health professionals and doctors. 

Not Protecting Employees

Workers’ compensation insurance is not only required by Colorado law, but it also protects employees. If there is an employee who suffers an injury and becomes disabled, which prevents him from working, he does not only lose his source of income but also has to pay for all his medical bills. If you have workers’ compensation insurance, an insurance company will cover everything. Therefore, as a good business owner and employer, you should care about the people working for you. 

Risk of Losing Your Property 

If you decide not to have commercial insurance, you should understand that you are risking the loss of your business property if there is fire, theft, natural disaster, and other unexpected events. By buying a commercial insurance policy, you can be sure that even if something happens to the property, your insurance will cover the cost of all damages. 

Skipping commercial insurance is associated with several serious risks. Therefore, as a responsible business owner, you understand its importance and necessity. If you operate your business in Denver, CO, or any other surrounding town, Strategic Insurance Services, LLC is a company that is ready to help you find the perfect commercial insurance option. Give us a call today to find out how we can help you protect yourself, your company, and your employees. 

Things that renters insurance covers

When you are a renter in Clinton, MS, you may be wondering if you need to have renters insurance and what exactly renters insurance covers. Many people assume that their landlord has insurance that will also include them. This is not the case. Landlords have insurance that covers the actual building they own, but their insurance does not protect your personal property. At OFS Insurance Agency, LLC, we are experienced in writing renters insurance policies, and we can help you to see the benefits it will have for you. 

Loss of use coverage

While the loss of use may not be one of the first things you think of when you consider renters insurance, it can be one of the most valuable coverages it provides. If the rental unit you live in is rendered uninhabitable as the result of a covered hazard, you will need another place to live while it is repaired or until you can find a new place to live. Your insurance will offer you valuable assistance if this happens to you. 

Personal property

What could be worse than losing everything that you own? If you don’t have renters insurance, you could not only be homeless you could be without furniture and clothing. A renters insurance policy protects you from this devastating loss. It helps if you create an inventory of what you own when you are filing a loss claim. 


You may not have much, but some people may want to sue you regardless. These days everyone needs to have liability insurance to protect themselves from a judgment against them. 

When you are ready to discuss your renter’s insurance needs OFS Insurance Agency, LLC in Clinton, MS, we will be there for you. Stop by our office or give us a call and let us give you a no-obligation quote.

What is Commercial Insurance

New entrepreneurs learn a hard lesson on the importance of commercial insurance for their business. Every startup company has its objectives, and that should be mirrored on their commercial insurance policy. Strategic Insurance Services, LLC of Denver, CO can assist business owners with learning how to put all of their insurance needs into one convenient package. 

Defining Commercial Insurance 

The simple concept of commercial insurance is gathering several different types of coverage that is designed to protect a business, an owner, and employees. Some of the more important commercial insurance coverage options include property, liability, crime, and auto protection.

As the business expands in popularity, some owners will add optional commercial insurance coverage to their existing policy. The more popular optional commercial insurance coverage includes workers’ compensation and cybersecurity care. 

The Overview of Commercial Insurance Coverage

At the minimum, commercial insurance is aimed to protect a business from the risks that may threaten its success. The goal of the coverage is to provide a shield for a business if their employee’s actions in the workplace have caused an accident. For most startup companies, it’s a cost-savings measure to bundle the coverage into one efficient commercial insurance policy. It’s the type of protection that allows a business to continue operating at full capacity without the threat of financial demise.

Workers’ compensation is a form of commercial insurance that is required by law in the state of Colorado. It helps protect a business in a possible lawsuit involving a work-related injury suffered by an employee. The coverage will pay for all medical bills and lost wages by the employee. 

One of the fastest-growing coverages in commercial insurance is cyber liability. In today’s business world, many companies hold their client’s and customer’s personal data information on their servers. Thus, it’s important to have some form of protection in case of a data breach. Cyber liability protects a business from the financial repercussions associated with lost data. 

It’s vital to secure commercial insurance to protect your business venture. Strategic Insurance Services, LLC of Denver, CO can assist with gaining a policy that fits your needs. Schedule an appointment today. 

Does My Commercial Insurance Cover Vandalism?

Vandalism is a crime and can wreak havoc on a business’ financial security. The agents of Strategic Insurance Services, LLC are ready to assist companies in Denver, CO with all of their insurance needs. With the right commercial insurance policy in place, a business is protected against theft, vandalism, and other traumatic events.

Take Steps to Protect Your Business

It’s essential to take whatever steps that may be needed to protect your business from any possible activities that could disrupt the daily operations of the company. This includes installing surveillance cameras or hire a security detail to watch over your business after hours. Perform a monthly or bi-monthly inventory if you carry a lot of stock at your location. Talk to your insurance agent to determine what type of insurance policies you will need to provide sufficient coverage.

Make Sure You Have the Appropriate Commercial Insurance Coverage

The next step is to have the right type of insurance coverage. Having the appropriate coverage means protecting the assets and liability of the business. Sufficient coverage includes having enough coverage to replace and inventory and assets that are required for the business to operate successfully in case vandalism occurs. Liability insurance is also a must to protect your business if someone is injured on the property.

In Denver, CO, the agents of Strategic Insurance Services, LLC use their expertise to assist their clients who own businesses make the right decisions when it comes to choosing commercial policies. As a business owner, it is up to you to protect your investment. Take a few moments to go over what you feel you need to protect your livelihood and then discuss your options with one of the reputable agents from Strategic Insurance Services, LLC. They have the answers you can rely on to fully protect your business and make sure it continues to function even if the unthinkable happens.

How Can Commercial Insurance Protect my Colorado Business?

The Denver, CO metro area has continued to be one of the fastest-growing regions of the country for the past few years. Along with this, a city is an excellent place for anyone to start a company. If you are going to start a company in this area of Colorado, you need to make sure that your business is adequately covered by insurance. A commercial insurance policy can protect your business in many different ways. 

Gives Protection for Liability

One advantage of having commercial insurance is that it can provide you with protection for liability. If you sell a product to a customer and they become ill or hurt through the use of it, the impact could result in a liability lawsuit. If this occurs, you are going to want to have insurance to ensure that you are appropriately covered.

Protects Assets

Additionally, you need to have commercial insurance to protect your business assets. Anyone that owns a company will need to invest some capital to buy assets. When you have these assets in place, it could be devastating if they were to be stolen, damaged, or destroyed. When you have a good commercial insurance policy, you are going to have coverage that could be used to replace these assets, which could help to keep your company financially solvent. 

Having a commercial insurance policy is very important for any company to have. If you are going to start a business in the Denver, CO area, you should speak with the team at Strategic Insurance Services, LLC. When you work with the team at Strategic Insurance Services, LLC, you can have all of your questions regarding commercial insurance answered. Contact our office to get started with a quote.

5 Top Questions to Ask About Commercial Insurance

When you own a business, there are a variety of different types of insurance you may need. Whether it is property coverage, workers comp, or general liability, selecting a company that has qualified agents who know how to guide you through your particular commercial insurance needs to get you the best plan. Strategic Insurance Services, LLC of the Denver, CO area has qualified agents that are ready to help you with your commercial insurance.

Here are some questions to ask about commercial insurance.

Which is the best fitting plan?

Asking about the correct policy for your particular conditions will save you time and give you better coverage. This is why it is important to speak with your agent to find out what is covered and what isn’t.

How much will my policy cover?

Understanding what is included and excluded in your plan is important. Getting a break down on premiums and the limitations of liability coverage will give you a better understanding of how to get the most out of your policy.

Can my premium be lowered?

Some insurance companies offer discounts based on the size of your business and other factors. Auto insurance may be discounted for your employees if criteria are met. Your agent should be able to help you find ways to cut premiums costs.

How do I submit a claim?

If you ever have to submit a claim, it can be helpful to have an agent to walk you through it. Having someone who understands the process will make the claim go smoother.

Is there extra coverage available?

You may need umbrella policies for particular times in your business and asking about extra coverage can be beneficial.

When you’re ready to discuss your insurance needs with one of our professional agents, Strategic Insurance Services, LLC of the greater Denver, CO region is ready to help. We have years of knowledge in commercial insurance and will be happy to schedule an appointment to get the coverage you need.

Here Are Some Frequently Asked Questions About Commercial Insurance in Colorado

Do you run your own business and know you need better insurance services but do not know where to start when it comes to purchasing protection for your company? Here are some common questions about business insurance in our local area of Denver, CO and throughout the state.

FAQs About Commercial Insurance in Colorado

  • How much commercial insurance is legally required? If you have employees, then you must have workman’s comp, and if you drive or have employees that drive for your company, you must have commercial auto insurance. These are the basic legal requirements in the state but it is wise to go beyond that to protect your company’s individual assets. 
  • I am only a small business, how much coverage do I really need? You need enough coverage to cover any likely or even unlikely catastrophe. Because your business is likely your livelihood, an event that puts your machinery, inventory, or employees out of commission can end up tearing apart your whole life without insurance. But a good policy will protect you if the way you make money is damaged. 
  • My company is unlike any other, can I be insured? There are many types of businesses out there, all with individual insurance policies to protect the unique situations that may arise. Call Strategic Insurance Services, LLC to find out what type of policy you need to protect your business assets, employees, and property.

Contact us at Strategic Insurance Services, LLC if you are a business owner of any size in Denver, CO or the surrounding areas. We will be happy to give you a no-nonsense quote and explain anything you need to know about commercial insurance in your area. 

How Much Commercial Insurance Coverage Do I Need?

What is Commercial Insurance?

Commercial insurance is designed to offer coverage that protects businesses, owners and employees. The type of coverage varies depending on the business, but typical polices include property, liability, crime, and – if employees are driving company vehicles – commercial auto insurance. In addition, business owners can often opt to purchase additional coverage to include workers’ compensation, business interruption insurance and more. Strategic Insurance Services, LLC will work with you to find the best policy for your needs.

How Much Commercial Insurance is Too Much?

Factors like whether a business operates heavy machinery or requires employees to drive company-owned vehicles largely dictate the cost of commercial insurance. The larger the size of the company and the higher the risk of the business, the more expensive the insurance. Other factors that are considered include the location of the business, gross annual revenue, whether the business or rents their vehicles, and whether the business owns, leases or rents the location(s) from which it operates. Whether you are in Breckenridge or Denver, CO, small businesses in the state are required to have workers ‘compensation insurance that covers medical bills for workplace injuries and illnesses. Additionally, if the business owns any vehicles than they must be covered by commercial auto insurance which requires a minimum of $25,000 bodily injury liability per person, $50,000 bodily injury liability per accident, and $15,000 property damage liability per accident.

At Strategic Insurance Services, LLC in Denver, CO, we recognize that it can be overwhelming to choose the right commercial insurance policy so we strive to make it easy by offering personalized and professional service for all our customers. Give us a call today to make an appointment or visit our conveniently located office.