If you are starting a business or acquiring an existing business, one of your first calls should be to your agent at Alliance Insurance Services serving Fort Arvada, CO and the surrounding areas. They will give you expert advice on commercial insurance and help you understand the different types of coverage that are available.
Customization of Commercial Insurance
There are standard commercial insurance policies that almost every business needs and those policies are the basic foundations for commercial insurance. These policies can be tailored towards the types of commercial operations. For example, the insurance needs are quite different for a commercial office space, when compared to a retail establishment, or a manufacturing facility.
Special Insurance Needs
Here are some examples of special insurance needs.
Since the legalization of marijuana for medicinal and recreational use in the state of Colorado, new businesses and business models, such as cooperatives, are increasing. The products offered for sale require new product liability insurance that specifically covers these new products. Insurance underwriters now provide coverage for growers, physicians, dispensaries, recreational shops, and accessories manufacturers.
If you have a home-based business, it is prudent to have coverage for the business operations to cover the equipment used for the business and any risk of liability for clients visiting your home.
Commercial Insurance Review
Even if you already own a business and place your insurance through another agency, it is a good idea to ask for a review by Alliance Insurance Services to use as a cost comparison. Alliance Insurance Services prides itself on being a solutions-oriented agency that works on behalf of its small business clients to provide the coverage needed at cost-efficient rates.
Every business owner needs help from their insurance agent to protect the business and get good rates for insurance coverage, while at the same time working with quality and well-established insurance underwriters that are responsive and supportive in the case of needing to make an insurance claim.
The best way to determine if your commercial insurance is adequate for your specific needs is to consult with your agent at Alliance Insurance Services in Arvada, CO.