Commercial insurance isn’t usually a very popular conversation topic. It doesn’t help that most business owners don’t have a lot of extra time to sit down and go through their policy. So it’s no wonder that most small business owners don’t have the coverage they need to sustain their business should something go wrong. It is important to see why you likely fall into this category if you’re a business owner in Greeley, CO.
Limits and Liability
Your policy will set your coverage limits at a certain amount, after which, you’ll be responsible for additional charges. If you’re like many other business owners, you may have chosen either a lower level or a moderate plan because they fit your budget better. But the problem is that expenses tend to amount quickly when it comes to even a single insurance claim. If a customer claims that a slip and fall in your establishment led to chronic back pain for years, there’s a chance that you’ll need to cover their medical bills indefinitely. As you might imagine, this can force you to hit your limits rather quickly. The same goes for property damage. Between inventory and the physical structure of your property, it’s easier than you might think to surpass your limits.
Contact Maanen Insurance Group
Maanen Insurance Group is here to help business owners in Greeley, CO acquire the commercial insurance they need to keep their income alive in even the darkest of times. Too many business owners declare bankruptcy if they can’t cover their bills, and we don’t want to see that happen to you! To learn more about how our policies work, give us a call today. Our friendly staff is ready to answer your questions so you can feel confident and protected no matter what the future has in store for you!
Greeley, CO is mountain country, and when you tell an outsider that flooding is still a concern at these high altitudes, their responses tend to range from surprised to skeptical. But Maanen Insurance Group will be the first to tell you that it’s more likely than you might think. Up in Colorado we may not have the same risk of sea-level flooding as a coastal town does, but when you’re surrounded by lakes and snowy mountain tops and towns situated in valleys, well, we get heavy rains here, too.
In fact, the colder climate in Colorado has contributed to notable floods in the past, such as the 2013 Colorado floods, which resulted directly from a clash between a stalled cold front with a warm monsoon air over Colorado. Weather can be kind of weird. To a layman, the obvious culprits for flooding are busted dams, tidal waves and hurricanes. Colorado has proven time and again that there are a lot more possible causes for a flood than you could count without a spreadsheet.
So the short answer to the question of "how likely is a flood in Greeley, CO?" is "You’d be surprised.
There’s no way to prevent a flood, of course, and only so much you can do to prepare for one. It’s a good idea to keep some canned food stocked up in your home and make sure you have a plan should you need to evacuate, but most of all, you should give Maanen Insurance Group a call and make sure your home is covered. Without a good policy, a flood can turn you from homeowner to renter in seconds flat.
Every successful business has a story. How they started, where they are, and where they are headed. In all this planning, a disaster could bring everything to a standstill or damage the smooth progress. Maanen Insurance Group is dedicated to mitigating such unforeseen disasters. We understand the risks involved in running a business and want Greeley, CO investors to continue with stories for future generations to appreciate and learn.
Commercial insurance is not only confined to protecting your business from natural catastrophes. It is also designed to safeguard your investment from specific risks such as employee malpractice. In Colorado, most business insurance policies are options while a few are mandatory. The primary types of commercial insurance coverage include general liability, employees’ compensation, and property. Most businesses in the state of Colorado have them in their insurance package.
While running a business, injuries can occur unexpectedly on your premises. If this results in damages or injury to third parties, then insurance can take care of you. If the costs or injury was a result of negligence, then the general liability safeguards your business from lawsuits, fines, and other expenses.
When fires and other disasters strike your business, it results in a substantial amount of losses to both the building structure and the items inside. This is where property insurance becomes vital. It protects your business building, inventory, and exterior landscape. Moreover, the coverage can also include breakage and theft.
In your business, you have employees who depend on wages. In case of injuries or sickness, the worker’s or employees’ compensation compensate them for the lost salaries. The coverage ensures that you don’t suffer losses from disaster since the Maanen Insurance Group compensates wages.
There are many other commercial insurance options available. We take pride in serving Greeley, CO business community. Please contact us for more information. Our agents can provide you with a quote and answer your questions.
Many homeowners have experienced power outages and water disruptions that ranged from a mere inconvenience to a long-term catastrophe. It makes sense to store some water and nonperishable foods and to consider alternate means of power such as a generator for the house. It also makes sense to have sufficient home insurance coverage to assist in recovery following the emergencies we often face in this life. Reliable coverage includes some weather-related incidents, accident and injury, and liability.
Home Insurance in Colorado
Home insurance is not required by Colorado law, but then, neither are generators. Either could prove valuable at some point. Of course, your mortgage company may require home insurance. It rests with the homeowner to make wise decisions concerning methods for protecting a home. Give us a call at Maanen Insurance Group, and we’ll tell you what home insurance coverage you need. This way, you’ll be prepared for those possible and unfortunate eventualities. Planning prevents many expensive incidents, and it reduces the financial strain that could not be avoided.
Visit us at Maanen Insurance Group in Greeley, CO where our experienced agents can research the best insurance available for your home, find discount packages, and set you up with reliable coverage that will see you through when life turns unpredictable. We proudly serve the Greeley, CO area and hope that all our neighbors have a safe and fun winter.
We know how important it is to prepare for weather events and accidents on your property. We can also answer questions that may help you make your home safer for your family and visitors. Safety takes planning, and planning takes knowledge. Give us a call and let us know how we can help you today.