Get Your Business Insured

Learn more about protecting your business from unexpected costs. This step is recommended but not required.

Comply with Workers' Compensation Requirements

Workers’ compensation insurance is purchased by an employer from an insurance agent, much like liability or auto insurance. The cost of workers’ compensation insurance cannot be passed on to employees.

What is Workers' Compensation?

Workers’ compensation insurance provides medical and lost wage benefits to workers who are injured on the job. All businesses with employees operating in Colorado are required to have workers’ compensation insurance, regardless of the number of employees, whether the employees only work part-time, or if they are members of the same family.

How do I know if my business is required to obtain Workers' Compensation?

Employers, if you have one or more employees working for you in Colorado, you must have workers’ compensation insurance and maintain it at all times. This applies to all employers, whether the employees are part-time, full-time, or family members. Colorado has additional insurance requirements for businesses in the construction industry. Failure to carry insurance could result in fines.

How do I apply?

You can get workers’ compensation coverage in one of two ways:

View this online guide or contact the Colorado Department of Labor and Employment at 303-318-8000 for more information.

Get Business Insurance

What is Business Insurance?

There are many different kinds of business insurance. Each kind exists to protect your business from unanticipated costs due to accidents, errors, or lawsuits. If you’d like to learn more about the different types of business insurance, the U.S. Small Business Administration has good explanations available here.

Why should you insure your business?

It’s important to carry at least some basic business liability insurance to provide financial protection against lawsuits due to simple accidents like trips and falls in or around your business location. You can also obtain a policy to protect your business from costs related to errors or omissions made while performing services for customers.

How to get Business Insurance

The easiest way to determine the insurance needs for your business is to find an insurance broker to work with. They will help you identify areas of risk for your business and provide quotes for insurance policies to cover those risks.

How much does Business Insurance cost?

Insurance costs will vary significantly based on your specific business needs. While starting your search for an insurance broker, you should be sure to obtain estimates from a few places to make sure you get a good price.

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