Why Every Business Needs Disability Coverage

man welding with sparks flying out

As a business, your employees are your number one priority. As your number one priority, you need to assure them that they will be taken care of if they suddenly require extra assistance to be able to perform their jobs.

Equipping your business with the right Disability Coverage policy can provide exactly this kind of assurance.

How Does Disability Coverage Work?

If an employee gets injured, becomes sick, or suffers some form of general disability that hinders their job performance, Disability Coverage works to get that employee the help he or she needs to be able to continue doing his or her job. Or, if that employee can’t return to work, Disability Coverage can make sure they’re covered even when they can’t work, such as with Workers Compensation.

doctor holding someone's arm in a cast
Disabilities don’t always result from just physical injury in the workplace.

Without Disability Coverage, it can be you or your business that has to pay out of pocket to help that employee. Many businesses are more than happy to support their employees this way, but it can nevertheless pack on a substantial financial burden that some businesses, especially newer ones, aren’t able to sustain long-term.

Therefore, the best way to support your employees is to offer Disability Coverage. This way, even if an employee can’t return to work after an accident, they can rely on their Disability Coverage to provide a large portion of their income (usually 50-70 percent) and maintain their standard of living until they get back on their feet

How Do You Get Disability Coverage?

Getting the right Disability Coverage for your business requires working with an insurance company that is familiar with your industry, your type of business, and the needs of your specific employees.

This is why getting coverage from Prince Insurance Group is a great choice. With over four decades of experience working with all kinds of different businesses, we can quickly provide you with a tailor-made policy perfect for your business and employee needs.

Get in touch with Prince Insurance Group today to start setting up your business with the perfect Disability Coverage.

Commercial Property Insurance for Your Colorado Business

open office spaced filled with people working at their latops

After years of deliberation and saving, you finally made the jump and opened up your business in Colorado. Congratulations!

Now that it’s up and running, to make sure that a simple accident doesn’t result in your dream business coming to a screeching halt, the best thing you can possibly do is invest in quality Commercial Property Insurance.

What is Commercial Property Insurance and Why Do You Need It?

You can think of your Commercial Property Insurance policy as your saving grace in the event that your business suffers an unforeseen accident, however major or financially impactful.

Instead of you having to dig into your or your business’s pocket to recover from such an accident, potentially putting your business and employees at risk in the process, you can simply rely on your insurance to help you recoup your losses instead.

More specifically, you can expect Commercial Property Insurance to cover such things as:

open office space with a long working table in the middle
Commercial Property Insurance can help you quickly recoup from costly mistakes or accidents.
  • All office equipment, including computers, phone systems, and furniture (whether owned or leased)
  • Accounting records, business data, and other important company documents
  • Inventory
  • The building your business is housed in (whether owned or rented) (see Builders Risk Insurance for even more coverage)
  • Manufacturing or processing equipment
  • Exterior items such as fences, signs, and satellite dishes

Finding the Right Commercial Property Insurance

In many cases, it’s not necessarily that businesses don’t have Commercial Property Insurance, but rather they don’t have the right kind of coverage for their needs; there’s nothing worse than realizing after the fact that your destroyed office equipment that isn’t actually covered under your policy after all.

That’s why taking the time to find an insurance company that’s familiar with your industry and understands your business’s specific needs is so important. Fortunately, Prince Insurance Group can help speed up the process, as we work to provide businesses of all shapes, sizes, and industries with tailor-made Commercial Property Insurance they can count on.

Learn what kind of coverage we can provide for your business by contacting Prince Insurance Group today.

The Importance of Insurance Programs for Businesses

group of young people standing in a field smiling

The people that work for your business are more than employees – they’re family. Because of this, they deserve the same level of protection and coverage you would offer your family.

With the right insurance program for your business, you can offer them just that.

What is a Business Insurance Program?

You can think of a Business Insurance Program as something that keeps your employees healthy, motivated, and assured to be able to pursue their job effectively, knowing that they’re covered at every angle.

4 people talking in a circle smiling
The right Business Insurance Program can improve employee loyalty and productivity.

A comprehensive program will often include such things as:

How is a Business Insurance Program Beneficial?

Other than promoting better work from your current employees, these types of programs also help attract new, top-tier talent to your business.

After all, employees want to work for businesses that give them all the necessary coverage and support they need to do their job well. This is often why you’ll see businesses publicly advertise exactly what is included in their insurance program in job ads, right alongside salary and vacation time.

How to Choose the Right Business Insurance Program

There are a lot of moving parts to your business, with different types of employees, across different industries, having different types of insurance needs. This is why when pursuing the right Business Insurance Program for your business, it’s essential to work with a company that is familiar with your industry, can understand your employees’ specific needs, and accommodate them appropriately.

That’s exactly what we at Prince Insurance Group have spent the past 40 years mastering – providing the best protection plans for businesses and their employees.

Learn more about setting up your business with the perfect insurance program through Prince Insurance Group today.

Why Data Backup Insurance is Right for Your Business

computer parts with wires poking out of them.

As a business, you naturally want to make sure that your data is kept as private and secure as possible.

However, even the most secure businesses experience accidents. An employee can spill his or her coffee; the wrong hard drive can be formatted; malware can make its way into your system. Any of these scenarios can happen to your business, which is exactly why recuperation measures like Data Backup Insurance are a smart investment.

The Benefits of Data Protection and Why It’s Vital for Businesses

With data protection insurance in place, in the unfortunate case that you do experience data loss, whether from human error, a data breach, or any other means, you can quickly access necessary resources to patch up, replace, and retrieve lost data as quickly as possible.

a computer screen of code.
Data breaches are just one way for your data to become compromised.

Not only can this minimize the spread of such things as advantageous proprietary information to competitors, but, more importantly, it can also help ensure that personal information about your clients doesn’t make its way into the wrong hands.

Consequently, you can advertise the fact that your business has Data Backup Insurance in place as an additional security measure to potential clients.

How to Choose the Right Data Backup Insurance

Naturally, different businesses will require different insurance needs; a consulting firm’s needs will be different from a farm owner’s needs. This is why it’s important to only work with insurance companies that understand your specific industry, and therefore, can provide the kinds of specific coverage you need.

That’s exactly why we work tirelessly to pair you with only industry-specific insurance. Whether you’re an accounting firm, craft brewery, publisher, construction company, water well driller, or anything in between, we’ve got the right industry-tailored insurance for you.

Learn more by getting in touch with Prince Insurance Group today.

Why You Need Builders Risk Protection

sillouhette of two men a construction platform.

After finally seeing your new home, office, or general property fully constructed, it’s a natural impulse to want to protect it from the elements with insurance – you don’t want something as simple as a flash flood to ruin what you’ve waited so long for.

But what about insurance for your property during its construction, as well?

Construction Risks and the Importance of Builders Risk Insurance

Although people tend to neglect insurance for their property during its construction, the reality is that properties are often more susceptible to damage during construction.

For example, a lack of complete coverings and security features makes properties being constructed much more susceptible to weather damage from wind, hail, or rain, as well as theft and vandalism.

This is why if you want to increase the chances of your property coming out exactly the way you imagined and save money in repair, replacement, and labor costs along the way, protecting it during construction with a Builders Risk policy is a very smart move.

A construction project filled with half built red platforms.
Given the in-progress nature of structures around construction sites, they’re much more susceptible to potentially dangerous elements like weather.

This type of policy can provide the following types of coverage:

  • Structural Coverage: Protects the buildings and other structures associated with the project.
  • General Liability: Protects the at-risk people working on the project.
  • Equipment & Materials Coverage: Protects the equipment and materials being used for construction.

Of course, these are simply the most common forms of coverage that go into most builders risk policies; what ultimately ends up being covered in your policy will depend on the needs and features of your specific project.

In some cases, you may need more comprehensive coverage, such as that found in contractor insurance or construction insurance.

Who Should Get Builders Risk Insurance?

Because of how many moving parts are typically involved in a construction project, it’s very normal for more than one name to be on a Builders Risk policy.

For example, while it’s most common for Builders Risk insurance to be taken out by those funding or managing construction, it’s also just as common for landowners, architects, engineers, and any other specialized professionals involved with the project to sign their names as well.

Getting Set Up with the Right Coverage

There’s no such thing as a one-size-fits-all Builders Risk policy. That is why it’s so important to prioritize working with insurance companies that understand not just how to protect construction properties, but that have enough expertise to be able to provide a tailor-made solution to your specific coverage needs.

Fortunately, these are exactly the types of policies that Prince Insurance Group can help you with.

To learn more about getting the perfect Builders Risk policy from professionals you can trust, contact Prince Insurance Group today.

Best Insurance Options For Independent Agents

open office spaced filled with people working at their latops

When working on your own, you are probably trying to enhance your practices for all clients. It can be challenging as a small business or solo-contractor trying to figure out which techniques will be the best received by new and old customers alike. One way to ensure that you are safe and covered in all areas of your business is by being insured.

Insurance policies for independent agents can often be challenging to find unless working with a company that understands your needs and goals as a sole proprietor. While you can want to stay competitive and offer your clients the best, you should always be looking for ways to improve.


Offer The Best

If you want to stay competitive and keep your clients satisfied, you need to offer them the best. Insurance policies for independent agents can luckily be more flexible, as there are no overarching guidelines for which you need to stay informed. You have the power to do what you feel is best for your business and your clients.

Know Your Packages, & Boost Your Business


One of the best ways to stay on top of everything is by knowing your packages’ details. The better you understand your package, the more likely you can perform in a way that benefits not only you, but your clients now and in the future.

open office space with a long working table in the middle
Independent agents must ensure they know the details of their insurance policies.

Boosting your business is probably one of your primary concerns. By acquainting yourself with your policy’s details, you can better inform clients and offer them better deals and services. If you work with a company that keeps you informed of your policy details, you don’t have to worry about feeling in the dark.

At Prince Insurance Group, we can offer the best insurance policies for independent agents. Whether you are just starting in business or already have a string of loyal clients, we can elevate your business and ensure all of your transactions are carried out with finesse.

Contact us today to find out more about the ways we can help you.

Why You Need Workers Compensation for your Business

man holding a saw smiling

Regardless of the type of business you run, there’s always the risk of injury – whether it’s physical, mental, or otherwise. With this in mind, you want to be prepared in the unfortunate event that one of your employees is injured.

One of the best ways to prepare yourself for such a situation is by offering Workers Compensation to your employees.

What is Workers Compensation and How Does it Benefit Your Business?

First and foremost, Workers Compensation gives the assurance your workers need to perform at their best, particularly in work settings where the risk of injury is high, such as at construction sites. More specifically, a Workers Compensation policy assures workers that they’ll get the support and compensation they need to be able to maintain their standard of living if they ever get injured.

From a business owner’s perspective, this type of compensation can help your workforce stay strong and productive (even in the face of adversity), maintain worker morale, and even attract more top-tier talent to your business.

In terms of what Workers Compensation can actually cover, it can account for employee and employer-related costs, such as:

doctor wrapping a foot with a cast
Make sure your employees are covered if they have a bad day on the job.
  • Medical expenses
  • Lost wages
  • Death benefits
  • Injury claims
  • Employee-initiated lawsuits

These are just some of the more common costs covered by Workers Compensation. Covered costs will naturally change from business to business.

Finding the Right Workers Compensation Policies

If maintaining daily operations and healthy, compensated employees are important to you, then Workers Compensation is a necessary investment (it’s also legally required in most states). Setting up your employees with the right policies starts with choosing an insurance company with a proven track record.

That’s why choosing Prince Insurance Group is the right choice, as we have spent over 40 years connecting businesses across all industries with tailor-made Workers Compensation policies.

Contact us to learn more about how Prince Insurance Group can provide your business with the Workers Compensation it needs.

Best Liability Plans for Businesses

open office space with a long working table in the middle

To protect yourself and your business, you need a variety in your types of coverage. Your business may need commercial auto insurance if you use any vehicles in the course of doing business, for example. You need protection from liability when it comes to inventory loss, crime, and natural disasters. For everything that could damage your investments or prevent you from doing business, it’s wise to get insurance. But there’s one type of insurance that many business owners forget about.

Are you and your employees protected against negligent claims?

Professional liability & protecting your staff

Professional liability is a type of coverage that protects you from a mistake that becomes a claim. This could be negligence, failure to render services, or even malpractice. Third parties or even internal parties can make a claim like this. Professional liability protects you as well as your staff against this type of trouble. There are some specific types you should know about. First is E&O, or errors and omissions. If someone forgets something or makes an error, you can get coverage for that. There are also Directors and Officers Liability (D&O), fiduciary liability, and employment practices liability. Your agent can help explain these options and explore what might be appropriate for your business.

Ensure the future

The future of your business depends on you. No one can predict the future, and that’s why insurance exists. Personal insurance should be a given. Professional liability is another smart way to protect yourself and ensure the future success of your business. You should protect your staff, your business investments, and yourself from any liability claims now. Don’t wait for a mistake to become a costly claim that destroys your business!

You can get personal and professional coverage with us. Contact us to go over options with our team and make sure that you and your business are protected.

Farm Livestock Popular Plans

livestock insurance

Your farm shouldn’t keep you up all night in fear of losing your investments. We need farmers more than ever right now, and you deserve coverage to protect your farm. Many people remember to cover their machinery and property but forget to insure their livestock. But what would your farm be without your livestock? Animals are investments, and they contribute to the success of your business. Without your livestock, your family could suffer financial losses. That’s why many farmers choose to get farm livestock insurance.

You and your family can rest easy knowing that your livestock are covered by insurance.

Best coverage for livestock

When it comes to protecting your animals, you’ve got some great options. This type of insurance is all about protecting your investment in livestock. If they are injured or killed in an accident, you’ll be covered. This could include fire, hurricane, or other types of natural disasters. Farm livestock insurance can even cover your animals while they’re in transit. Cover yourself and your investments from all angles to ensure your farm is protected.

Avoid risks with these tips

It’s critical to avoid risk by ensuring the right assets at the right amounts. The insurance value of your livestock is usually the price you paid for them, but this amount can increase if your animal performs incredibly well or has highly valuable offspring. You wouldn’t insure a dollhouse for the same amount as a mansion, would you? Make sure you avoid risking any losses or liability related to your farm by getting farm livestock insurance. You should rest easy knowing that you’re protected from loss both on your farm and while your assets are in transit. 

To discuss the right coverage for your farm, contact us for more information. We’d be happy to customize a package that fits the size and assets of your farm. You deserve to be protected, and we’d love to help.

Best Coverage Plans for Brokers

Union Station Denver

As a broker, you spend all day trying to make other people’s lives better, but you also need to make sure that you are protected. It’s important to cover yourself, your family, and your business with robust policies. Depending on the type of business you run, you should consider lumping your policies into one plan. If you’re responsible for a team of employees, then you need to make sure they’re covered, too. Finally, remember to include your office space! Here’s how to understand the right insurance policies for brokers.

Doing business comes with risks, but you can protect yourself with insurance policies for brokers.

Popular plans for insurance brokers 

Most brokers, due to their line of work, understand the importance of covering their own liability. This means personal, property, auto, and home. But there are also important policies that can cover your business and the people in it. These include professional liability insurance, workers compensation, and commercial general liability. When selecting insurance policies for brokers, it’s generally best to bundle your policies into a business owners policy (BOP). 

Understanding your field and knowing your customers

To be successful in business, you need to stay connected with your customers. Many brokers specialize in a particular field or industry. This increases the chances that you’ll be seen as an expert in that field. Once you do this, you can study the ins and outs of that industry. Knowing the field and knowing your customers is the key to success! It allows you to customize your offerings depending on your customers’ needs. It’s okay to tell your customers that you don’t specialize in a certain type of coverage. You can’t be all things to all people, after all. This can even build trust with your customers, showing them that you have no problem admitting what you don’t know.

If you’d like to get a quote, please reach out. You deserve coverage for you and your customers that does the job.