Business Insurance in Pagosa Springs, CO

At Smith Insurance, we understand the unique challenges that come with running a business, which is why we’re here to help you protect what you’ve worked so hard to build. That means that whether you own a small local shop or a larger company, having the right business insurance is crucial for safeguarding your livelihood. From covering potential liabilities to protecting your physical property, our comprehensive business insurance options are designed to give you peace of mind.

Additionally, as an independent insurance broker with over 16 years of combined experience, we’re proud to offer tailored coverage for businesses of all sizes in Pagosa Springs. We also work with multiple carriers to find the best policies for your needs, whether you’re looking for general liability insurance in Pagosa Springs, CO or property insurance for your business. After all, our goal is to make sure you have the coverage you need to run your business with confidence.

General Liability Insurance

Every business faces risks, and one of the most important protections you can have is general liability insurance. This type of insurance provides coverage for a wide range of common business risks, helping protect you from financial losses due to accidents, injuries, or property damage.

What Does General Liability Insurance Cover?

Bodily Injury: If a customer, vendor, or visitor is injured on your business premises, general liability insurance helps cover medical expenses, legal fees, and damages.
Property Damage: If your business is responsible for damaging someone else’s property, this coverage will help pay for the repairs or replacement.
Personal and Advertising Injury: This includes protection against claims such as libel, slander, or copyright infringement that could arise from your business activities.

General liability insurance is essential for businesses of all sizes, providing critical protection against costly lawsuits and claims that could otherwise harm your financial stability. Whether you own a retail store, a restaurant, or a service-based business, we’ll help you find the right coverage to protect against the unexpected.

Property Insurance Options
What Does Property Insurance Cover?

In addition to liability protection, it’s equally important to protect your physical assets with property insurance. Whether you own your building or lease a commercial space, property insurance is designed to protect your business’s physical assets, such as your building, equipment, and inventory, from damage or loss.
Protecting your business’s physical assets is key to its long-term success. With Smith Insurance, we’ll make sure you have the right property insurance to safeguard your investment and get you back on your feet quickly in the event of a loss.

Building Coverage:

If you own your business’s building or physical location, property insurance helps cover damages from fire, theft, vandalism, storms, and more.

Equipment and Inventory:

This coverage extends to your business’s tools, equipment, inventory, furniture, and fixtures, ensuring that you can repair or replace items if they are damaged or stolen.

Loss of Income:

If your business is temporarily unable to operate due to a covered event (such as fire or storm damage), property insurance may cover lost income, helping you stay afloat while repairs are made.

Workers’ Compensation and
Other Business Insurance Solutions

In addition to general liability and property insurance, we offer a wide range of other business insurance products designed to cover all aspects of your operations. These include:

Workers’ Compensation: Required in most states, this coverage helps protect your employees by covering medical expenses and lost wages if they are injured on the job. It also protects your business from potential lawsuits related to workplace injuries.
Commercial Auto Insurance: If your business owns or operates vehicles, commercial auto insurance provides coverage for accidents, damage, and liability involving those vehicles.
Professional Liability Insurance: Also known as errors and omissions insurance, this coverage is essential for service-based businesses, providing protection against claims of negligence, errors, or inadequate work.

At Smith Insurance, we understand that every business is different, which is why we offer customized insurance solutions to meet your specific needs. Whether you’re a contractor, a retailer, or a service provider, we’ll work with you to ensure that your business is fully protected from all potential risks.

Why Choose Smith Insurance for Your Business Insurance Needs?

Running a business comes with many responsibilities, and having the right insurance coverage is essential to its success. At Smith Insurance, we’re here to make the process of securing business insurance as simple and stress-free as possible. Here’s why business owners in Pagosa Springs trust us with their insurance needs:

Independent Broker: We work with multiple carriers, giving us the ability to shop around and find the best coverage options and rates for your business.
Personalized Service: We take the time to understand your business and tailor your insurance policy to fit your specific needs and budget.
Experienced Team: With 16 years of combined experience, we have the knowledge and expertise to guide you through the insurance process and ensure you’re fully covered.
Local Expertise: As a Pagosa Springs-based insurance broker, we understand the unique challenges that local businesses face and are committed to providing exceptional service to our community.

FAQs About
Business Insurance

1. What is the difference between general liability and professional liability insurance?

General liability insurance covers claims related to bodily injury, property damage, and personal injury (like slander or libel). Professional liability insurance (also known as errors and omissions insurance) covers claims of negligence, errors, or inadequate work related to the services your business provides. Both are important, depending on the type of business you run.

2. Is business insurance required by law?

In most cases, businesses are not legally required to carry general liability insurance, but certain types of coverage, such as workers’ compensation, are legally required in many states, including Colorado. Additionally, if you lease commercial space, your landlord may require you to have property insurance.

3. How much business insurance coverage do I need?

The amount of coverage you need depends on the size and type of your business, the value of your assets, and your potential liabilities. We’ll work with you to assess your risks and determine the appropriate coverage levels to protect your business.

4. Does property insurance cover natural disasters?

Property insurance typically covers damage caused by fire, storms, theft, and vandalism. However, certain natural disasters, like floods and earthquakes, may require additional coverage. We can help you understand what’s included in your policy and recommend any necessary add-ons.

5. What happens if I need to file a claim?

If you need to file a claim, our team at Smith Insurance is here to guide you through the process. We’ll work with your insurance carrier to ensure that your claim is handled quickly and efficiently, helping you get back to business as soon as possible.

Get a Free Quote
for Business Insurance Today

Protecting your business is essential, and at Smith Insurance, we’re here to make sure you have the coverage you need to safeguard your assets and keep your operations running smoothly. So whether you’re looking for general liability insurance in Pagosa Springs, CO, or property insurance, our team is here to help. All you need to do is contact us today for a free, no-obligation quote and let us help you secure the right insurance for your business. We look forward to working with you and your business soon!

Monday:	9 AM – 5 PM
Tuesday:	9 AM – 5 PM
Wednesday:	9 AM – 5 PM
Thursday:	9 AM – 5 PM
Friday:	9 AM – 5 PM
Saturday:	Closed
Sunday:	Closed