April 17, 2018
AgencyWhat is an Insurance Deductible and How Does it Work
A deductible is the portion of the cost you are responsible to pay after you file a claim. Deductibles can be found on almost all insurance policies. Once you file a claim and it has been deemed a covered loss, you will be paid for the repairs of that loss minus the deductible you have […]
March 26, 2018
AgencyWhat Type of Insurance Policy does a Small Business Owner Need?
Most small business’ start out insuring their business with a Business Owners Policy, commonly referred to as a BOP policy in insurance lingo. A BOP policy is designed specifically for a small business by packaging important coverages together; general liability, loss of business income and coverage for their business property which is sometimes called contents […]
March 7, 2018
AgencyWhy Consultants Should Always Buy Professional Liability Insurance, Errors & Ommissions Insurance
Consultants are hired to improve their clients’ businesses in one way or another. This means the expectations are high and an oversight or mistake on the consultant’s behalf could damage the potential growth or reputation of that company. This can lead to costly lawsuits. Professional Liability Insurance, also known as Errors and Omissions (E & […]
February 15, 2018
AgencyWhat to Do If Your Small Business Suffers a Data Breach
A data breach is a serious and expensive problem for any small business. Colorado State Law defines a breach as: When there is an unauthorized acquisition of unencrypted computerized data that compromises the security, confidentiality or integrity of personal information of a Colorado resident maintained by an individual or commercial entity. Colorado State […]
March 17, 2017
Agency10 Steps to Starting a Business in Colorado
1. Create a Business Plan A business plan is imperative not only when asking for capitol from a bank or investor but as a tool for holding themselves accountable, tracking progress and controlling the business’s fate. Still don’t see the importance of having a business plan? Read why a business plan is your most powerful tool. […]
January 20, 2017
Agency5 Tips for a More Secure Workplace
Protecting your business in Denver used to mean locking the doors at the end of the day. That’s still important, of course, but now a security breach can extend beyond your physical assets to include software, systems and sensitive data. And, if customer information is compromised, you may lose the most important asset you have […]
November 10, 2016
AgencyProtecting your business from Weather Related Disasters in Denver Colorado
Whether a weather disaster comes as flood, hail, high winds, lightning or something else, the result for about one in four of small businesses affected is the same — they never reopen. That’s according to the Insurance Institute for Business and Home Safety (IIBHS), a Tampa-based industry organization that researches ways to manage disaster […]
October 4, 2016
AgencyCommercial Auto 2 Important insurance coverages
Commercial auto insurance can cover a combination of vehicle types (trucks, cars) and drivers, as well as some types of motorized equipment. It provides for bodily injury liability and property damage while operating a company automobile, medical payments for the driver and passengers of the policyholder’s car. Injuries or damage to someone else are also […]
June 7, 2016
AgencyWhy you should hire your child to work in your business
Are you paying your kid to work for your business? You’re not? You should. No, I’m not saying you should put your four-year-old behind the receptionist desk to take calls. Or ask your middle-schooler to assist you in surgery. But if you have a teenager, you should strongly consider putting […]
July 28, 2015
AgencyIRS Tax Relief for Disaster Expenses Not Covered by Insurance
Recovering from a disaster is not easy. But with the help of insurance and the IRS, expenses you incur from property damage and possible ensuing theft, may be reimbursable. IRS Provides Tax Relief for Expenses Caused by a Disaster and Not Covered by Insurance Specifically, IRS Publication 547 addresses casualty, disaster and theft losses (including […]