Business Insurance Extra Coverage Options

The following coverages are NOT AUTOMATICALLY INCLUDED on/with your current policy. This is not intended to be a complete list of the coverages we offer, and you may need additional coverage for your business operations.  These are just a few options for your consideration. You may also apply for INCREASED limits for any coverage that you purchase. If you would like a quote for any of the following coverages, we are happy to assist with recommendations based on your specific business needs. 

BUILDINGInsurance against direct physical loss to the building or structure you own or are legally obligated to insure (i.e., Triple Net Lease), including completed additions, permanent fixtures, permanently installed machinery & equipment.

BUSINESS AUTO LIABILITY - Insurance against loss from or legal liability for damages arising from ownership, maintenance, or operation of a motor vehicle used in connection with your business operations.

***Personal Auto insurance may exclude coverage for vehicles used for business purposes

BUSINESS INCOMECoverage for loss of income suffered by a business when damage to its premises by a covered cause of loss causes a slowdown or suspension of its operations. Coverage applies to loss suffered during the time required to repair or replace the damaged property.

BUSINESS PERSONAL PROPERTY (On and Off Premises)Insurance against direct physical loss to furniture, fixtures, machinery equipment & inventory you own.

CONTRACTORS POLLUTION LIABILITY - A contractor-based policy, offered on a claims-made or occurrence basis, that provides third-party coverage for bodily injury, property damage, defense, and cleanup, as a result of pollution conditions (sudden/accidental and gradual) arising from contracting operations performed.  Pollutant(s) means any solid, liquid, gaseous, or thermal irritant or contaminant, including smoke, vapors, soot, fumes, acids, alkalis, chemicals, and waste.  Waste includes materials to be recycled, reconditioned, or reclaimed.

CRIME - A commercial crime policy typically provides several different types of crime coverage, such as employee dishonesty coverage; forgery or alteration coverage; computer fraud coverage; funds transfer fraud coverage; kidnap, ransom, or extortion coverage; money and securities coverage; and money orders and counterfeit money coverage.

CYBER LIABILITY - Data breach/privacy crisis management cover. For example, expenses related to the management of an incident, the investigation, the remediation, data subject notification, call management, credit checking for data subjects, legal costs, court attendance, and regulatory fines.   For example, you or one of your employees opens an email and releases malware into your system.  This malware allows hackers into your computer system.  You will be required to notify EVERY SINGLE contact in your system.  This can cost thousands of dollars for mailing and certified mailings. 

ELECTRONIC DATA – Information, facts, or computer programs stored as or on, created or used on, or transmitted to or from computer software, on hard or floppy disks, CDs, tapes, drives, cells, data processing devices, or any other data-related losses.

ELECTRONIC DATA EQUIPMENT (On and Off Premises) – Coverage for digital property owned by the named insured (i.e., computers, printers, fax machines, servers, electronic media, and data, etc.)

EMPLOYERS LIABILITY - An insurance policy that protects employers from liabilities arising from disease, fatality, or injury to employees resulting from workplace conditions or practices.

***Colorado State Law requires Workers' Compensation for all employers having one or more employees.

PLEASE NOTE – 1099 individuals (whether employed by your company or your subcontractors’ companies) may be considered “employees” for State Workers' Compensation requirements.  If you hire 1099 individuals, please discuss this requirement with your agent. Failure to provide Workers' Compensation may result in fines, penalties, and a requirement that you pay for injuries to those individuals.

EMPLOYMENT PRACTICES LIABILITY - Liability insurance covering wrongful acts arising from the employment process. The most frequent claims covered under such policies include wrongful termination, discrimination, sexual harassment, and retaliation.

FLOODFlood coverage is EXCLUDED from normal property policies.  This is property damage due to a general and temporary condition of partial or complete inundation of normally dry land.  This can be an overflow of inland or tidal waters, unusual and rapid accumulation or runoff of surface waters from any source, mudflow, the collapse of land along the shore or similar body of water as a result of erosion or undermining caused by waves or currents of water exceeding anticipated cyclical levels that result in a flood.

***Please note that any outside water entering your home and business from outside will be classified as a flood.

GENERAL LIABILITY - A standard insurance policy issued to business organizations to protect them against liability claims for bodily injury (BI) and property damage (PD) arising out of premises, operations, products, and completed operations; and advertising and personal injury (PI) liability.

HIRED AND NON-OWNED AUTO - Auto liability coverage for 3rd party bodily injury or property damage arising out of the maintenance or use of any non-owned or hired auto by you or your employees in the course of your business.

LIQUOR LIABILITY - Insurance that protects your business against claims that occur because a patron of your business has become intoxicated and injured himself or someone else. You need this coverage if your business manufactures, sells, serves, or furnishes alcohol to others.

ORDINANCE OR LAW COVERAGE - Coverage for loss caused by enforcement of ordinances or laws regulating the construction and repair of damaged buildings.  For example, your building burns, but it is only partially damaged.  The city requires that, to perform the repairs, the building must be brought up to current city codes, or perhaps the whole building must be torn down and rebuilt.

POLLUTION – Coverage which protects the insured against any third-party bodily injury and property damage as well as first and third-party clean-up cost associated with the alleged or actual emission, discharge, release, or escape of pollutants into or upon the land, the atmosphere, or any watercourse or body of water, provided that such emission, discharge, release or escape results in environmental damage.

PROFESSIONAL LIABILITY/PROFESSIONAL ERRORS & OMISSIONS COVERAGE - A form of liability insurance that helps protect professional advice and service. Providing individuals and companies from bearing the full cost of defending against a negligence claim made by a client and damages awarded in a civil lawsuit. The coverage focuses on alleged failure to perform on the part of financial loss caused by an error or omission in the service or product sold by the policyholder. These are causes for legal action that would not be covered by a more general liability insurance policy that addresses more direct forms of harm. Professional liability insurance may take on different forms and names depending on the profession.

SEWER AND WATER BACKUP - Coverage to help repair water damage from overflowing drains, sewers, sump pumps, and more. This coverage will NOT pay to repair the broken pipes, clear a backed-up drain, repair a broken sump pump, or any other malfunction of plumbing and drain equipment. The actual repair of the items is considered home maintenance.  This coverage is only for the water damage caused by a sudden and unexpected failure of the plumbing and/or drain. 

TENANT IMPROVEMENTSInsurance coverage for building improvements completed by tenants.

TOOLS, EQUIPMENT & INSTALLATION MATERIALS – Insurance against direct physical loss to tools, equipment, and materials that you own or lease and that you use more than 1000 feet away from the insured location on your policy.  Coverage may also be purchased to cover Employee-Owned Tools.  

UMBRELLA/EXCESS POLICY - A policy issued to provide limits in excess of an underlying liability policy. An excess liability policy is no broader than the underlying liability policy; its sole purpose is to provide additional insurance limits.


WORKERS COMPENSATION- Insurance providing wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee's right to sue his or her employer for the tort of negligence.