Workers’ Compensation Insurance in Colorado Springs
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 replace part of an employee’s lost wages while they recover from a covered workplace injury.
DISABILITY BENEFITS
Provides benefits for covered temporary or permanent disabilities caused by a workplace injury or occupational illness.
REHABILITATION SERVICES
Helps pay for physical therapy and other services that help injured employees recover and return to work.
DEATH BENEFITS
Provides benefits to eligible dependents, including funeral expenses, if a covered workplace injury or illness results in death.
EMPLOYERS’ LIABILITY
Helps protect your business if an employee or family member sues over a workplace injury outside standard benefits.
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 WORKERS’ COMPENSATION OPTIONS
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 COMPENSATION
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
Answers to common questions about workers’ compensation insurance in Colorado from McCloskey Advisor Group, your local independent agency in Colorado Springs.
Is workers’ compensation insurance required in Colorado?
Colorado businesses with one or more employees generally must carry workers’ compensation insurance. Limited exemptions may apply. Workers’ compensation is purchased separately from a business owners policy.
How much does workers’ compensation insurance cost in Colorado?
The cost depends on payroll, employee classifications, the type of work performed, claims history, experience modification, and the insurance company. We compare quotes from multiple insurance companies and review your employee classifications to help you avoid overpaying.
Are business owners covered by workers’ compensation?
Coverage for owners and officers depends on the business structure and the elections made when the policy is issued.
Are employees covered by workers’ compensation while driving for work?
Workers’ compensation generally covers employees who are injured while driving as part of their job duties. Damage to the vehicle and injuries to other people are handled by your commercial auto insurance, not workers’ compensation.
Are independent contractors covered by workers’ compensation?
Calling someone an independent contractor does not automatically make them exempt. Their working relationship and the applicable Colorado requirements determine whether coverage is needed.
What does workers’ compensation typically cover?
Workers’ compensation may cover eligible medical treatment, partial lost wages, disability benefits, rehabilitation services, and death benefits resulting from a covered workplace injury or illness. Injuries to customers and other non-employees are generally covered by general liability insurance.
What is a workers’ compensation audit?
An audit compares the estimated payroll and employee classifications used at the beginning of the policy with the business’s actual information.
Do I need workers’ compensation when employees work in another state?
Possibly. Coverage requirements vary by state, so businesses should review their policy before employees begin working outside Colorado.
What information is needed for a workers’ compensation quote?
We typically need your estimated annual payroll, employee job duties, business locations, prior insurance information, and recent loss history. You can request a workers’ compensation quote online.
Ready to protect your employees and your business? We compare options from multiple insurance companies and help with certificates, audits, and policy changes. Request a workers’ compensation insurance quote.