Commercial Property (Building)

• Structure, roof, exterior walls, and common areas
• Building systems: plumbing, electrical, HVAC, elevators
• Fixtures, appliances, and landlord-owned contents in common areas
• Replacement Cost or Actual Cash Value valuation - choose based on building age
• Ordinance or Law coverage for code-required upgrades after a covered loss

Colorado's varied building codes make Ordinance or Law coverage especially important-after a covered loss, local code requirements can significantly increase repair costs.

General Liability

• Tenant or visitor bodily injury in common areas, stairwells, and parking
• Property damage you or your employees cause to others
• Personal and advertising injury (libel, wrongful eviction allegations)
• Satisfies Colorado minimum liability requirements
• Required for rental registration in many municipalities

Slip-and-fall claims during winter months are common; limits of $1M/$2M are standard, with larger buildings or those with amenities advised to carry more.

Loss of Rents (Business Income)

• Replaces rental income while the building or units are uninhabitable after a covered loss
• Covers the restoration period-from damage through inspection and re-occupancy
• Colorado market rents: factor current averages into your limit
• Particularly valuable for multi-family buildings where a single event can displace multiple households

In Colorado, the restoration process can take longer due to inspections and permits; set your loss-of-rents period accordingly.

Flood Insurance

• Excluded from all standard commercial property policies-requires a separate policy
• NFIP (National Flood Insurance Program) or private market options
• Covers building structure and foundation from flood-related water damage
• Colorado risk factors: heavy rainfall, snowmelt, and river overflow
• Private flood can offer higher limits and faster claims than NFIP

We assess parcel-level risk for your building's address using FEMA maps and local flood indicators-properties outside FEMA high-risk zones can still face significant exposure.

Commercial Umbrella

• Adds $1M - $10M+ of excess liability above your GL and other underlying policies
• Activates when a judgment or settlement exceeds your underlying policy limits
• Covers the same perils as underlying GL-bodily injury, property damage, personal injury
• Often required by commercial lenders and mortgage holders on larger buildings

For multi-unit Colorado buildings with high tenant density, umbrella coverage is a cost-effective way to protect against high-severity claims.

Equipment Breakdown

• Sudden mechanical or electrical failure of covered systems
• Boilers, HVAC systems, elevators, electrical panels, and central cooling
• Repair or replacement costs not covered by standard property policies
• Business income loss from a covered equipment breakdown

Older Colorado buildings with aging mechanical systems are particularly exposed; a boiler failure in winter can generate both repair costs and tenant displacement claims.

Workers' Compensation

• Required by Colorado law for any building with employees (super, maintenance, cleaning staff)
• Medical bills and lost wages for employees injured on the job
• Protects the building owner from employee lawsuits over workplace injuries
• Covers slip-and-fall, lifting injuries, and equipment-related incidents

If you employ a super, porter, or maintenance staff-even part-time-Colorado law requires workers' comp.

Hired & Non-Owned Auto

• Covers liability when employees drive personal vehicles on building business
• Applies to supers or maintenance staff picking up supplies or driving to the property
• Fills the gap left by personal auto policies, which exclude business-use liability

Often added as an endorsement to your GL or BOP. Essential if any employee or contractor drives their own vehicle on your behalf across Colorado.

Rental Property Registration

Many Colorado municipalities require rental properties to be registered annually. Registration often requires current insurance and compliance with local building codes. Failure to register or maintain insurance can result in fines and bar the owner from collecting rent.

Building Code Compliance

Each municipality in Colorado has specific building codes that must be adhered to. Non-compliance can lead to significant fines and increased liability exposure. Ensure your insurance reflects these requirements.

Wildfire Mitigation

Properties in high-risk wildfire areas may require additional mitigation measures and insurance coverage. Understanding local regulations and risk factors is crucial for compliance and protection.

Lead Paint Disclosure

Older buildings may have lead paint, requiring disclosure and remediation obligations. A lead-related illness claim can generate significant liability exposure. Confirm your GL policy responds to lead claims.