Tag: Colorado Commercial Insurance

Top 10 Insurance Claims for Businesses

Top 10 Insurance Claims for Small Businesses Small-business owners hope they never have to file a claim, but research by financial services giant The Hartford reveals that 40 percent of small businesses file a claim within a ten-year period. Where is your business most at risk? What insurance coverage should you invest in to protect your company? The Hartford analyzed claims data and discovered the...

How to Spot Phishing Attacks

Gone Phishing: Don't Take the Bait The 2019 Verizon Data Breach Investigation Report indicates that one third of cyberattacks involve phishing traps. These scams involve imitating a reputable source to induce staff to reveal sensitive information. As companies increase awareness of these cons, cyber criminals increase their efforts, making tactics more sophisticated. How can you protect your company? First, educate yourself and staff about current...

Why is an Insurance Lapse so Bad for Business?

Why Is an Insurance Lapse So Bad for Business? Small-business owners have a lot on their plates. Managing multiple moving parts, wearing many hats, and juggling the responsibilities of work and home can prove challenging. In the midst of all this, something may occur that shouldn't: a lapse in insurance coverage. Whether the premium payment was overlooked or other circumstances caused the owner to cancel...

Is Your Business Underinsured?

Are You Underinsured? Most Small Businesses Are A recent Manta and Insureon survey revealed that fewer than 30% of small business owners have basic business insurance. Even fewer, just 6%, have business interruption insurance, and only a rare few (2%) have cyber insurance. This lack of insurance can be a costly mistake. These policies are essential for the proper protection of a company in today's...

How To Prevent Water Damage

How Can You Prevent Costly Water Damage? Water issues can lead to extensive structural damage. A minor leak can result in major claims forĀ building repairs. Fortunately, most leaks offer warning signs that building owners can watch for to prevent further damage. To protect your building from leaks, keep an eye out for these red flags: Discoloration: Notice any unsightly stains on your walls? This can...