Is Worker’s Compensation Included in My Commercial Policy?

Commercial insurance policies include many different types of coverage. In Greeley, CO, businesses are required to carry Worker’s Compensation insurance as part of their coverage. This type of insurance is typically not included in commercial policies but may be covered as part of an umbrella policy. The agents at Maanen Insurance Group can answer any questions business owners have about both types of insurance coverage and what they include.

Injuries in the Workplace

Injuries in the workplace can have many causes. It’s essential to understand what type of liability the company has so that the right type of insurance can be purchased. While slip and fall injuries may be considered a Worker’s Compensation case, an injury sustained through the malfunctioning of a piece of equipment may also fall under a different form of liability. Both are valid, but it will be up to the insurance company to determine what type of insurance is used to cover the complaint.

Worker’s Compensation

Worker’s Compensation insurance is designed to cover both the medical expenses that resulted from the injury as well as the loss of wages while the employee is not allowed to return to work. Worker’s Compensation cases must be filed within certain deadlines to be valid and require medical documentation to be approved. Every employer is required by law to carry this type of insurance.

If you own a business in the Greeley, CO area, contact the agents of Maanen Insurance Group to get the information you need pertaining to commercial insurance and Worker’s Compensation coverage. Schedule your appointment today to ensure your business and your employees are fully covered. Agents are waiting to take your call!

 

Is Flood Insurance Beneficial for Every Homeowner?

Flood insurance is not always understood by many homeowners. Some homeowners think flooding is covered by their homeowner’s insurance policy when, in reality, that is not usually the case. Here at Maanen Insurance Group, serving the greater Greeley, CO area, we want everyone to understand more about flood insurance and who it is beneficial for. Here is some additional information about flood insurance. 

Is Flood Insurance Beneficial For Every Homeowner?

It is essential that you understand that flooding caused by storms, such as heavy rains or hurricanes, is not usually covered by a standard homeowners insurance policy. If your basement were to flood due to heavy rains or a creek spills over its banks and floods your home, you would be on your own to fix it if you did not have flood insurance. Flood insurance can be an add-on to your existing homeowner’s insurance policy or a stand-alone plan, depending on who you purchase it from. 

Flood insurance is most beneficial to those who live in a flood plain or areas that are most susceptible to flooding. However, that does not mean that only those living in a flood plain should have flood insurance. Flooding can be unpredictable, and those areas that have never flooded before may suddenly flood. Having flood insurance helps to protect the investment you have in your home and protect your finances. As such, flood insurance can be beneficial for every homeowner. 

If you do not have flood insurance to cover your home, now is the perfect time to consider buying a policy. Here at Maanen Insurance Group, serving the greater Greeley, CO area, we can help you. Give us a call today and let us help you with your insurance needs whether you are in Colorado or one of the other many states we serve.

Does Commercial Insurance Cover A Vehicle Crashing Into The Building?

Physical locations of businesses face many hazards on a daily basis that require them to have top-notch insurance that will provide coverage. One of the hazards that many people don’t consider is that a vehicle could drive into the building and cause extensive damage.

Impact From A Vehicle

Although an impact from a vehicle is a less frequent occurrence, it still can happen any time of the night or day if the business is located in a first-floor building. If you have a brick and mortar business located on street level, you may need coverage from a vehicle impact to the building at some point. Finding coverage that will protect you from these damages as a result of the crash is critical to prevent financial losses. Work with an insurance agency that can guide you in the right direction to discover policy options that are going to protect you. 

Working With A Knowledgeable Agent

Finding the right insurance agency and agents is the key to getting the right type of coverage to protect you from vehicle impacts to your business. If you live in or around the Greeley, CO area, you should check out Maanen insurance Group. We have the knowledge and experience to show you options that will cover you in this type of situation and other less common, but possible scenarios. Our agents will take the time to consider your individual needs and help you get peace of mind.

If you are looking for insurance that will protect your brick and mortar business from a variety of hazards, you should call or stop by Maanen Insurance Group, serving the businesses in and around the Greeley, CO area. Don’t take chances. Get high-quality insurance you can count on when you need it most. 

6 Things to Know About Your Home Insurance

Having home insurance is a very important part of protecting your investment, whether it is a house that you have just moved to or one you have lived in for some time. As soon as you buy or build your new Greeley, CO home, you will want to make sure you have the right level of insurance, and if you already have a policy, you need to know it is right for you. You can get that information through Maanen Insurance Group. Here are six things you should know before you buy.

  1. Home insurance doesn’t cover every possibility
  2. You may need additional coverage depending on exactly where you live
  3. You should review your coverage limits every year
  4. Your insurance agent is a great resource when you have questions
  5. Your mortgage lender may require a certain level of insurance
  6. You should make sure you understand your policy

Never be afraid to ask plenty of questions about your home insurance policy. Your agent should be happy to give you all the information you need and will work with you to make sure you know what you have, what is covered, and what you may need an additional policy for. With all of that in mind, you want to make sure you have an agent you can rely on. Not knowing who to turn to when you have insurance questions can be stressful and frustrating, but the right company and agent takes all of that stress away. Whether you need a new policy, have to make a claim, or just have a question, you want to know who to turn to.

When it comes to protecting your Greeley, CO home, rely on Maanen Insurance Group to provide what you need. Reach out to us today, and let us help you get the coverage options that are right for your home, so you can have peace of mind.

How to Protect Your Commercial Fleet in Colorado

Business owners in Colorado may overlook the importance of comprehensive fleet insurance and opt instead for a primary commercial policy that may not offer the total insurance protection that they need. At Maanen Insurance Group, we are here to serve the commercial insurance needs of the business owners in the greater Greeley, CO area. Whether you own a fleet of semis, limousines, construction vehicles, or food trucks, we can help ensure that you have the insurance coverage that will protect your business interests. In addition to protecting the vehicles themselves, the right policy will also provide coverage in the event of accident or injury.

Comprehensive Commercial Fleet Insurance Provides the Protection Your Business Needs

If you provide your customers with regular delivery services, or your business revolves around transportation, whatever your industry, if you or your employees rely upon company-owned vehicles, comprehensive commercial fleet insurance is a must. Do not let an accident slow you down while you are sidelined during repair or replacement; there are many policy options available that will provide replacement rental vehicles that can keep you on the road. If your employees use their own vehicles for company business, there are policies available that will also cover those cars if an incident should occur on the clock. Construction companies and firms that have a mobile salesforce are just two examples of businesses that may not focus on transportation but still have a significant need for commercial fleet insurance. Now is the perfect time to make sure that your overall commercial coverage includes the protection that your vehicles need.

Is it time to review your vehicle coverage? Contact the team at Maanen Insurance Group today and make sure that your Greeley, CO business has the commercial fleet protection it needs!

What to do After a Flood

Flooding is one of the most prevalent natural disasters. It can happen following a harrowing storm, a broken levee, or an overflowed river. If you ever have to experience a devastating flood in your home, there are a few things you should do afterward. The independent agents at Maanen Insurance Group can help you with flood insurance in Greeley, CO or the surrounding areas.

When Going Back Home

  • Make sure that it is safe to go back before you enter your home.

  • Check on your appliances and other electrical items. If they were flooded, you’d need to keep a safe distance and have a qualified electrician come out before you can use them again. If you use a water soaked appliance, you could be shocked or start a fire.

  • The electrical panel should be dry, if not you’ll need to leave it until an electrician can look at it and make sure it is in working order.

Inspect Your Home

  • Look for random debris, broken glass, or unsafe furniture. Have it removed to maintain safety.

  • Be cautious of standing water. Flood waters can contain pollutants or sewage. After you’ve spent days away from your home, you don’t want to come home and get sick. Contact a company that specializes in removing water from homes.

  • Throw any water-damaged items away.

  • Check the walls for visible mold or mildew. You’ll need to have it treated by a professional before moving back in.

Flood Insurance

In Greeley, CO, floods are generally not covered under your homeowner’s insurance policy. You’ll need to have flood insurance even if you don’t live in a floodplain. The experienced agents at Maanen Insurance Group can help you protect your home from a flood by assisting you with flood insurance coverage.

 

What is commercial insurance?

New business owners often hear of the importance of commercial insurance without getting an explanation as to what a policy covers. What exactly is commercial insurance, and why do business owners in Greeley, CO need such plans? Read on to get a quick overview. Talk to a representative from Maanen Insurance Group for further details.

What is commercial insurance?

In short, commercial insurance is assurance coverage for businesses that protect companies against losses related to theft, property damage, and instances of liability. The purpose of a commercial indemnity policy is to keep you in business in the unfortunate instance of the unexpected occurring.

What are the most common types of commercial insurance policies?

Business insurance is more complicated than some may think. There are several spheres in the industry and the various ways in which a policyholder can tailor a plan to fit their needs. The most common forms of commercial insurance are:

  • Property Insurance
  • Liability Insurance
  • Workers’ Compensation Insurance

About property insurance

A property assurance plan pays for losses incurred due to accidents that damage the structure in which you do business. Many policies pay for both real property as well as personal assets when things such as fire or flooding occur.

Some business owners in Greeley, CO operate under the false notion of property insurance covering natural disasters. Such instances of unexpected tragedy require additional coverage outside the standard plan.

Liability and workers’ compensation plans

Liability insurance and workers’ compensation assurance are not one and the same. You should not believe the myth that workers’ compensation, which pays for on-the-job injuries to employees, is not necessary so long as you have a liability insurance plan that covers injuries caused by you to a third party.

Liability assurance is best used in instances where a customer hurts himself due to your negligence. The policy will not work when the injured party is an employee.

It is against the law to have employees without workers’ compensation insurance. Contact Maanen Insurance Group today to learn more about commercial insurance and ensure that you are fully covered.

The Basics of Home Insurance

Buying a new home is an exciting time. Whether you have moved across town or to another city, a new home represents many new memories together as a family.  The first task, however, is to get the appropriate amount of home insurance. If you have a mortgage lender, they will stipulate the types and amounts of coverage that they require. This protects their investment in the property, but it also protects you as the homeowner. The agents at Maanen Insurance Group understands the needs of their clients in the Greeley, CO area. They can answer any questions that you may have and provide information on the policy options that are available to you. 

A basic home insurance policy will provide coverage in the event of damage from a fire or weather damage. It will also protect the contents of the home and your personal possessions. The policy will also provide liability protection should an individual be injured while on your property if you are deemed to have been negligent. It can cover their medical expenses and legal fees if they sue. These costs can potentially be exorbitant so being protected as a homeowner is important. 

There is a wide range of options available for homeowners, so it is essential to understand all of the terms. For instance, fair market value and replacement cost are two different options homeowners have. Regarding your personal costs, they present various advantages and disadvantages. Also, realize that flood damage is not covered by homeowners policies. If you are in an area that is at risk of flooding, you will need to consider additional flood insurance. The agents at Maanen Insurance Group in Greeley, CO can help you understand the coverage options that are available and what is best for you. Get the coverage you need today!

4 thing to look for in a commercial insurance policy

Your life as a business owner is no easy feat. There is the constant concern about revenue in relation to expenses, and then there is the notion of obtaining commercial insurance, which may feel like a challenge in itself. Maanen Insurance Group can help you find the right policy to fit your business’ needs. For now, check out these four components of an excellent commercial insurance plan. 

1. Open perils

Your business is growing by leaps and bounds. You do not want a commercial insurance policy that does not evolve with the company. An open perils statute covers risks that are not implicitly implied when you initiate coverage, which means that you are not left without financial stability simply because a risk is not explicitly stated in your policy documents as with a named perils agreement. The best business indemnity plan in Greeley, CO is one that is open. 

2. Coverage for lawsuits

It is only a matter of time before you are sued as a business owner. Regardless of whether or not you are at-fault, you want to make sure that your insurance policy pays for the cost of legal representation as well as ramifications in the instance of you losing the case. It may also be a good idea to select coverage that pays for libel so that you are fully protected against all instances of a legal dispute. 

3. Reimbursement for damaged or destroyed buildings

If you own the building out of which your company operates, then you certainly want to ensure that the structure is covered by your commercial insurance plan. Most insurance companies state how much they are willing to pay in the event of the building being severely damaged or destroyed. It is best to pay certain attention to the amount offered to rebuild since such projects typically cost more than the building is worth. 

4. Replacement value coverage

Some business owners in Greeley, CO may get excited at the notion of an actual cash value insurance plan. This policy, however, limits the indemnity company to only paying the current market price for items lost or destroyed. It is best that you invest in a replacement value coverage plan that pays for the cost of lost or destroyed items sans depreciation.

Maanen Insurance Group can help you find the commercial insurance policy that best satisfies your company’s needs. Call today for a quote in Colorado, Nebraska, Wyoming, Georgia, or Florida!

Where are the high-risk flood areas in Colorado

As a high-plains, mountainous state far above the sea level, Colorado doesn’t see significant flooding on a regular basis like Florida or Louisiana. But, flooding can happen, as we saw in 2013 when a cold front collided with Southern monsoon air, resulting in heavy rain and flooding taking place all the way from Colorado Springs up to Fort Collins in the North. Because Colorado is so far from the coast, and because flooding tends to result most frequently as a result of these sorts of conditions, it’s hard to pin down high-risk flood areas in Colorado. Although Colorado residents are generally at a lower risk than people in some states, there is a risk. The risk is not distributed evenly throughout the entire state, from Greeley, CO to Boulder, the risk is, while not insignificant, generally much lower in Colorado than in many states.

Of course, this doesn’t mean that flood insurance isn’t important if you want to cover your home in Greeley, CO. When you call Maanen Insurance Group, you’re looking to protect your home against what might happen, not what’s guaranteed to happen. With luck, you might never have to deal with flooding if you live in Colorado, but insurance is about being prepared.

Maanen Insurance Group can connect you with a policy that meets your needs and will protect you no matter what may happen to your home. While flooding isn’t the chief concern for Colorado homeowners in comparison to other risks, it is a risk, and being a homeowner means being prepared for anything that might happen no matter where you live.