Small Business Insurance Colorado

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Small business insurance in Colorado can help business owners protect themselves, their employees and their livelihood. And sometimes it’s required by law to operate, get a commercial lease or bid on jobs.

From Denver to Colorado Springs and around the state, NEXT specializes in small businesses. We make it fast, easy and affordable to get Colorado commercial insurance coverage customized for your business.

Business liability insurance in CO can help protect from losses around:

  • Injuries
  • Property damage
  • Medical expenses
  • Theft, burglary and vandalism
  • Fire damage and storm damage
  • Equipment failures
  • Vehicle collisions
  • And more

NEXT can help you check prices, get covered and buy 100% online in about 10 minutes. 

Manage your insurance policy 24/7 via web or mobile app, and get unlimited certificates of insurance (proof of insurance) at no extra cost.

Start a free, no-obligation quote with NEXT.

How much does Colorado business insurance cost?

Insurance companies create CO business insurance quotes by looking at several factors related to your business’ risk, including:

1. Your industry

The risk of work-related illness or injury in your work affects your business insurance monthly or annual premium. Jobs that are higher-risk, such as construction, often have higher needs (and insurance costs) than low-risk desk jobs, such as an accountant.

2. Your number of employees

Your business insurance might cost more if you have employees than if you’re a sole proprietor.

3. Your business location

If you’re in a densely populated city you may pay more for business insurance than if you work in a small town.

4. Your years of work experience

A proven history of workplace safety and success in your industry can impact your insurance rate. A new business owner could pay more than a veteran in their field.

5. Your insurance claims history

Your record of safety, losses and claims can have an impact on your insurance premium.

6. Your insurance coverage limits

Higher insurance coverage limits on your policy can give you more protection over more covered incidents. But it can also increase the cost of your insurance and make for a higher deductible.

The best way to know exactly what you’ll pay for business insurance coverage is to check prices specifically for your business.

What type of Colorado commercial insurance coverage do you need?

Policyholders who buy business liability insurance in CO often bundle several types of business insurance. Coverage options include:
General Liability
Colorado General Liability insurance

Colorado general liability insurance is also known as business liability insurance. It can help cover your business for medical costs from injuries to non-employees or property damage you or your employees cause to other people’s property.

Many commercial landlords in the State of Colorado will ask that you carry general liability coverage before you can get a lease. It’s also common for clients to require this liability policy before they’ll sign a contract with your business.

Colorado contractors and cleaning businesses can also get tools and equipment insurance coverage (also called T&E, or inland marine insurance) with their general liability policy to help repair or replace business gear that’s lost, stolen or damaged on a job site.

Learn more about general liability insurance >

Workers Compensation
Colorado Workers’ Compensation insurance

Workers’ compensation insurance in Colorado can help if you or your  employees suffer a work-related illness or injury. This business insurance policy, a requirement for many businesses in the state, can help cover the costs of medical treatment, lost wages or job retaining while a worker recovers.

Without workers’ comp, a business owner’s out-of-pocket expenses could be significant after a workplace accident.

Learn more about workers’ comp insurance >

Commercial Property
Colorado Commercial Property insurance

Commercial property insurance can help pay for damaged or destroyed business property and inventory after a covered event, such as water, fire or wind damage. And it can help cover the loss of business income if you need to shutter temporarily for business interruptions.

Learn more about commercial property insurance >

Errors & Omissions
Colorado Professional Liability insurance (also called Errors and Omissions insurance, or E&O)

Colorado professional liability insurance, also known as errors and omissions insurance (E&O), could help if a client accuses you of making a professional mistake that causes them financial loss, such as missing a deadline or a miscalculation.

For example, if you work in professional services and your mathematical error causes a client monetary loss and they file a lawsuit, this coverage could help you cover some legal fees.

Learn more about professional liability insurance >

Who needs Colorado small business liability insurance?

Who needs Colorado small business liability insurance?

Liability insurance is required for many professional licenses and other business operations. But even when it’s not, it’s an investment and a source of protection for many Colorado professions, including:

Get custom business insurance with NEXT in about 10 minutes, 100% online

How NEXT can help you with small business insurance in Colorado

How NEXT can help you with small business insurance in Colorado

We make it fast and easy for small business owners to get a business insurance quote, buy online and instantly share a certificate of insurance in about 10 minutes.

Manage your policy 24/7 via web or mobile app.

If you have questions, our US-based licensed agents are available to help with any insurance needs.

More information for CO small business owners

NEXT Insurance reviews

I am so excited
I am totally excited about my new insurance for my small business. I am happy that the price was in a range that I can afford, the terms were easy to understand and it was so simple to purchase my first policy. I look forward to doing business with you in the future.
Curzella J.
Easiest insurance purchase – EVER!
I was looking around trying to compare insurance and I am so lucky I found NEXT. I was able to compare levels of coverage, and all the options, without pressure from a salesperson or time limits. I was able to check out prices and it was more coverage for less than the “traditional” company I looked at.
Michael W.
Happy small business owner!
I needed liability insurance for my new small business brick & mortar location. I got the run around from another company, but NEXT provided a competitive insurance quote in a timely manner. I now have the insurance that I need and it was stress-free!
Nicole E.

Get customized insurance for Colorado business owners

* To the extent permitted by law, applicants are individually underwritten, not all applicants may qualify. Individual rates and savings vary and are subject to change. Discounts and savings are available where state laws and regulations allow, and may vary by state. Certain discounts apply to specific coverages only.
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Issuance of coverage is subject to underwriting. Not available in all states. Please see the policy for full terms, conditions and exclusions. Coverage examples are for illustrative purposes only. Your policy documents govern, terms and exclusions apply. Coverage is dependent on actual facts and circumstances giving rise to a claim. Next Insurance, Inc. and/or its affiliates is an insurance agency licensed to sell certain insurance products and may receive compensation from insurance companies for such sales. Policy obligations are the sole responsibility of the issuing insurance company. Refer to Legal Notices section for additional information.

** Coverage examples are for illustrative purposes only. Your policy documents govern, terms and exclusions apply. Coverage is dependent on actual facts and circumstances giving rise to a claim.

Any starting prices or premiums represented before an actual customer quote are not guaranteed and are representations of existing premiums of active policies as of March 21, 2025. To the extent permitted by law, applicants are individually underwritten, not all applicants may qualify. Individual rates and savings vary and are subject to change. Discounts and savings are available where state laws and regulations allow, and may vary by state. Certain discounts apply to specific coverages only.