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Business Insurance

Insurance coverage for your business — so you can get back to work. Serving Parker and all of Colorado.

You know you need excellent coverage. You don’t, however, have time to become an expert in business insurance. That’s where Insurance Management Brokers can help.

A Business Owners Policy (BOP) combines property, liability and business interruption coverage for small to medium-sized businesses. This packaged coverage is generally less expensive than when purchasing coverage separately. With a BOP you have the ability to customize the policy to meet your individual business needs.

Perhaps you need general liability coverage that includes operations. Or, you need to add business auto coverage or commercial property insurance. Whether you are a home-based business, small service provider or contractor, Insurance Management Brokers will work with you to find the right combination of business insurance coverage to meet your specific needs. Contact us today!

Insurance protection to help you feel secure at home.
Serving Parker and all of Colorado.

Business Owners Policy – Serving Colorado

You know you need excellent coverage. You don’t, however, have time to become an expert in business insurance. That’s where Insurance Management Brokers can help.

As a business owner, you strive to make decisions that are right for your business,
your employees and yourself. This includes decisions about business insurance.

Supplemental Coverage Available

Extended liability for additional insureds.
Debris removal, personal property.
Debris removal, personal property.
Valuable records protection and accounts receivable.

In addition to advising you on the right coverage, we provide additional services, such as:

Loss Prevention Programs – with our insurance company partners, we can evaluate your business’s current conditions and recommend ways to lower property, auto, workers compensation or liability losses. Lower losses will not only lower your insurance costs, but also increase your productivity by avoiding downtime.
uick Claim Response – when you do have a claim and need fast and fair service, we work with you to make that happen. That’s why we only represent companies with excellent records for settling claims fairly and promptly.
Competitive Rates – many of the insurance companies we represent specialize in insuring specific types of businesses or industries, offering special coverage and pricing.

Commercial Property Insurance

Serving the unique needs of businesses in Parker and all of Colorado

One of the most common types of business insurance, commercial property insurance provides a wide range of coverage for buildings, inventory, equipment, tools and more. Losses from fire, break-in, vandalism, windstorm and other natural or manmade disasters are examples of what is typically covered.

Colorado – What you need to know about commercial property insurance

BUILDING

Do you own a commercial building? If so, do you have enough commercial property insurance to cover replacement costs? Although cost estimators are available, we recommend that you secure an appraisal from a third party to accurately determine the current replacement cost of your building. Give Insurance Management Brokers a call today at 303-578-0209, and we’ll help you determine if you have enough commercial property insurance for your business.

FLOOD

You know you need excellent coverage. You don’t, however, have time to become an expert in business insurance. That’s where Insurance Management Brokers can help.
A Business Owners Policy (BOP) combines property, liability and business interruption coverage for small to medium-sized businesses. This packaged coverage is generally less expensive than when purchasing coverage separately. With a BOP you have the ability to customize the policy to meet your individual business needs.

BUSINESS PERSONAL PROPERTY

Business personal property insurance covers property at a specified location for furniture, fixtures, equipment and inventory. Be aware that most commercial property policies have very limited coverage for property taken off the specified location. If you have equipment that is frequently taken off-site to various locations, it is important that you have an inland marine policy (equipment or installation floater).

BUSINESS INCOME (BUSINESS INTERRUPTION COVERAGE)

This coverage reimburses a business owner for lost profits and fixed expenses during the time that a business is closed. It applies while the premises are being restored because of damage from an event, such as a fire. Business income insurance may also cover financial losses that occur if civil authorities limit customer access to your neighborhood or business after a disaster. Insurance Management Brokers strongly recommends that all businesses acquire this coverage.

ELECTRONIC DATA PROCESSING (EDP)

This coverage is separate property coverage specifically designed to protect your computer related equipment. Most commercial property policies have limited coverage for computer networks. EDP broadens the causes of loss to include things like power surges and in some cases virus attacks.
Based in Colorado, Insurance Management Brokers understands the business insurance needs of our customers. The right coverage for you is unique – call us at 303-578-0209 or contact us today to find out how to protect your business and your future with the right insurance.

Commercial Umbrella Insurance

If umbrella policies are good for individuals, then they are imperative for business. When a catastrophic liability loss occurs, an umbrella insurance policy can mean the difference between a business surviving, or not.

The rising costs of lawsuits and judgments are important for today’s business owner to consider. Catastrophic liability losses can happen to any business at any time, and a commercial umbrella policy protects you when those losses exceed your basic liability coverage. The time and effort you have taken to build your business is too important for it to disappear after one unforeseen event. Contact Insurance Management Brokers today about a commercial umbrella insurance policy.

COLORADO – WHAT YOU NEED TO KNOW ABOUT COMMERCIAL UMBRELLA INSURANCE

Commercial Umbrella helps you protect your assets by providing liability limits above and beyond your other policies. In some cases, it even broadens your protection. Due to the unpredictable nature of jury awards, Insurance Management Brokers recommends that your business insurance program include this coverage.

WHAT IS EXCESS LIABILITY COVERAGE?

This coverage provides extra liability limits over an Umbrella policy. This coverage typically follows the terms of the first underlying insurance policy.

WHO NEEDS EXCESS LIABILITY COVERAGE?

Higher limits may be necessary for businesses with high loss potential, high profile, sizable sales, numerous assets, large auto fleets, worldwide presence, significant public exposure.
Talk to Insurance Management Brokers today about your business operations and we can advise you what kind of liability coverage you need to protect yourself and your company. Just give us a call at 303-578-0209 and we’ll help make sure you’re covered.

General Liability Insurance

Protecting the businesses of Colorado

General liability, also known as “commercial liability insurance” is a broad commercial insurance policy that covers general liability exposures of a business.
Coverage typically includes product protection from financial loss should you be liable for property damage or personal and advertising injury caused by your services, business operations or your employees.

Additional Liability Coverage

Take a look at the list below for additional liability coverages that you may want to consider.

PROFESSIONAL LIABILITY INSURANCE (ERRORS & OMISSIONS)

Errors & Omissions (E&O) covers professionals for negligence and errors or omissions that injure their clients or cause damage to a third party’s data. This type of insurance is particularly important to licensed professionals such as accountants, attorneys, insurance agents, architects, engineers and technology companies. Insurance Management Brokers recommends that all professional and technology companies have E&O coverage.

EMPLOYMENT PRACTICES LIABILITY INSURANCE (EPLI)

Employment Practices Liability Insurance for employers covers employment-related liabilities other than on-the-job injuries. This can include legal fees and damages for suits such as wrongful termination, discrimination, sexual harassment, and other alleged violations of employees’ legal rights. If you have employees, Insurance Management Brokers recommends considering this type of coverage.

DIRECTORS AND OFFICERS INSURANCE (D&O)

D&O covers directors and officers of a company for negligent acts or omissions and for misleading statements that result in lawsuits against the company. There is a variety of Directors and Officers coverage available such as corporate reimbursement coverage, personal liability, and entity coverage. D&O policies may be broadened to include coverage for employment practices liability as well.

Commercial Auto Insurance

It provides for bodily injury liability and property damage while operating a company automobile, medical payments or Personal Injury Protection (PIP) for the driver and passengers of the policyholder’s car. Injuries or damage to someone else are also covered.

Commercial auto insurance can cover a combination of vehicle types (trucks, cars) and drivers, as well as some types of motorized equipment.

Hired/Non-owned Auto Liability

Are you renting cars or are your employees using their own vehicles? This particular coverage provides business insurance coverage for certain liabilities arising from the use of a rented or leased vehicle (hired), or a non-owned vehicle (employee using their own vehicle on company business). Oftentimes this coverage can be added inexpensively to a business auto policy, or in some cases, a general liability policy.

Use of Personal Vehicles

Insurance policies for privately owned vehicles may not cover damage to your privately owned car or truck when it is used for business, even home cosmetics, jewelry sales or a pizza delivery business.

Workers’ Compensation

Workers’ compensation coverage pays for medical care and physical rehabilitation of employees injured at work and helps to replace lost wages while they are unable to work.

Additionally, this coverage protects an employer from being sued by an injured worker in most cases.
Insurance Management Brokers can help your business find complete solutions to your unique workers compensation insurance needs. We’ll find solutions that create safer and more productive workplaces, more confident and secure workers and overall savings you’ll see on the bottom line.
Coverage for office workers using their own vehicles on company business is often needed, as well. If you have employees, it is critical that you consider this workers compensation coverage.

COLORADO – WHAT YOU NEED TO KNOW ABOUT WORKERS COMPENSATION INSURANCE

Some Workers Compensation coverage can include:

Innovative payment systems
Medical disability case managers
Utilization management nurses
Certified life care planning nurses
Vocational rehabilitation consultants
Physician consulting services
Legal staff
Contracts with medical network providers
Managed prescription drug program

Surety Bonds

Whether you’re a contractor looking for a complex bid bond or a business owner in need of a simple license and permit bond, Insurance Management Brokers is here to help.

We know that you can’t conduct business or win the job without the backing of a solid surety bond. That’s why we only work with the most reputable and trustworthy surety providers. Insurance Management Brokers partners with only the best sureties to give you outstanding products supported by value-added services to contractors and businesses.

Here are some of the types of bonds we can provide:

Contract Bonds
Commercial Bonds
Fidelity Bonds
Financial Institution Bonds and D&O Coverage

FINANCIAL INSTITUTION BONDS AND D&O COVERAGE

Commercial Banks and Savings Institutions, etc.

FIDELITY BONDS

ERISA (Pension Plans)
Business Services Bonds (e.g. janitorial, home health care or security)

CONTRACT BONDS

Bid Bonds
Performance & Payment Bonds
Supply bonds

COMMERCIAL BONDS

License and Permit Bonds – License; Highway and Street Permit; Agent/Adjuster/Broker License; Fuel Dealer; Professional License; Automobile Dealer; and Alcoholic Beverage Compliance Bonds
Probate Bonds – Administrator; Executor; Guardian; and Trustee Bonds
Receiver or Trustee Bond in Bankruptcy
Public Official – Notary Public; Sheriff; Deputy Sheriff; Constable; Jailer; County/City/School Treasurer Bonds; Court Clerk; Loan Closing Attorney; and FHA Schedule Bonds
Court Bonds – Plaintiff Replevin; Plaintiff Attachment; and Cost Bonds
Miscellaneous Bonds