Workers’ Compensation Insurance for Colorado Businesses
Protect your employees and your business with coverage for work-related injuries and occupational illnesses.
Independent Agency
Multiple Insurance Companies
Personal Local Service
Insurance Experience Since 2011
Coverage Built Around Your Employees
Workplace injuries can happen in any industry. We help Colorado businesses compare workers’ compensation coverage designed to protect employees and support business owners.
MEDICAL EXPENSES
Helps pay eligible medical expenses associated with a covered workplace injury or occupational illness.
LOST WAGE BENEFITS
Helps pay to repair or replace a covered business vehicle after a collision, subject to your deductible.
DISABILITY BENEFITS
Helps protect covered business vehicles against non-collision losses such as theft, vandalism, hail, fire, falling objects, and animal damage.
REHABILITATION SERVICES
Helps cover eligible injuries when an insured driver is involved in an accident with someone who has insufficient insurance or no insurance.
DEATH BENEFITS
Helps pay eligible medical expenses for you and your passengers after an accident, regardless of who caused it, up to the selected limit.
EMPLOYERS’ LIABILITY
Provides liability protection for certain vehicles your business rents, hires, or uses but does not own, including employee-owned vehicles used for business..
More Options.
Personal Guidance.
As an independent insurance agency, McCloskey Advisor Group can compare coverage from multiple insurance companies instead of offering products from only one company. We look beyond the price to help you understand the coverage, limits, deductibles, and options included with each quote.
✓ Quotes from multiple insurance companies
✓ Review of payroll and employee classifications
✓ Coverage explained in plain language
✓ Assistance with policy changes, certificates, and audits
ADDITIONAL PROTECTION FOR COMMERCIAL VEHICLES
OTHER STATES COVERAGE
May extend workers’ compensation protection when employees temporarily perform work in another covered state.
WAIVER OF SUBROGATION
An optional endorsement that may be required by a customer, landlord, or general contractor.
VOLUNTARY COMPENSTATION
May extend workers’ compensation benefits to certain individuals who are not automatically covered, subject to policy terms.
PAY-AS-YOU-GO BILLING
Allows eligible businesses to calculate premium payments using reported payroll throughout the policy period.
Workers’ Compensation Insurance FAQs
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Colorado businesses with one or more employees generally must carry workers’ compensation insurance. Limited exemptions may apply.
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The cost depends on payroll, employee classifications, the type of work performed, claims history, experience modification, and the insurance company.
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Coverage for owners and officers depends on the business structure and the elections made when the policy is issued.
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Employees can generally be listed as authorized drivers, subject to the insurance company’s eligibility and underwriting requirements. All regular drivers should be disclosed.
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Calling someone an independent contractor does not automatically make them exempt. Their working relationship and the applicable Colorado requirements determine whether coverage is needed
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It may cover eligible medical treatment, partial lost wages, disability benefits, rehabilitation services, and death benefits resulting from a covered workplace injury or illness.
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An audit compares the estimated payroll and employee classifications used at the beginning of the policy with the business’s actual information.
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Possibly. Coverage requirements vary by state, so businesses should review their policy before employees begin working outside Colorado.
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We typically need your estimated annual payroll, employee job duties, business locations, prior insurance information, and recent loss history.