Does Auto Insurance Cover Natural Disasters?

Colorado law requires car insurance. It is not just for the citizens to observe to but a vital need for protection, your protection and the protection of other people. Arvada is the populous city in Colorado, with natural disasters every once in a while. Unfortunate events or accidents may happen and having auto insurance means financial protection. Alliance Insurance Services can help you. Here are the basic types of coverage available to drivers in Arvada, CO.

Liability Insurance 

This auto insurance coverage helps to protect other people and their property.  It does not provide any coverage for you personally. In case you get to an accident where you are at fault and injures another person, liability coverage helps to pay for the medical expenses. If the accident causes damage to someone else’s property, liability coverage helps pay for repairs. 

Collision and Comprehensive Insurance

Collision coverage is there in cases where your vehicle is involved in a crash with another vehicle even when you are the one that caused the accident; dents in your car, or rammed into a fixed structure. This insurance policy covers most car crashes and auto accidents. 

Comprehensive coverage, on the other hand, covers situations that don’t include collision, this can include theft, car damage from the aftermath of the storm and any situations that are beyond our control classified as “ acts of God or nature." This is the type of insurance that you want.

Alliance Insurance Services can definitely help you in getting the liability insurance coverage as required by the state. Not only that, but the agency can also help you create an additional policy that will suit your needs. Get your free quotes online or call us now to get further information on our competitive offers for your protection.

Does Your Side Business Need Commercial Insurance?

Having a side hustle in Arvada, CO is great, because you are making some extra money and probably doing something you are passionate about. However, your side hustle is still a business, and you want to protect it with the right commercial insurance. Without the right insurance, your side business could be in trouble.

It doesn’t matter what your side business is, since it’s a small business and every small business should be protected. A business owner’s policy, or BOP, is a packaged policy that includes the coverage a business owner needs. This includes liability, property insurance, vehicle insurance, and business interruption insurance. You can customize this to suit your business needs. Speak with an agent at Alliance Insurance Services to see exactly what this policy would include for your specific business.

Professional liability insurance is going to be the most important. This will cover claims against you that are due to negligence, mistakes, or failures to perform. If your business causes any bodily harm or property damage, then this insurance will protect you.

It’s important to protect the space where your side hustle is happening. If you are renting out space, you want property insurance to cover any equipment, inventory, and furniture. If you are running your business out of your home, your homeowner’s policy won’t cover any business owned assets or equipment.

If your side hustle has grown to have more than one employee, then you will need to have workers compensation insurance in Arvada, CO to protect you for any sort of injuries on the job.

If you are using your vehicle for any business-related things, then you also need to have commercial auto insurance. This applies to any employees who drive their own car to deliver goods or services.

Cyber liability can help protect you if you store personal client information. If you suffer a hack, you could be sued for breach of privacy, and this insurance can help cover lawsuits and settlements.

Contact Alliance Insurance Services to get a quote for commercial insurance for your side business.