BUSINESS INSURANCE
Workers’ Compensation Insurance
Your employees are essential to your business. Legacy helps Colorado employers find workers’ compensation coverage designed to protect their teams and support their businesses when work-related injuries or illnesses occur.
UNDERSTANDING YOUR COVERAGE
Protection for Your Employees and Your Business
Workers’ compensation insurance can provide medical care, wage replacement, and other benefits to employees who experience covered work-related injuries or illnesses. It can also help protect employers from certain associated financial and legal costs.
What General Liability Insurance May Cover
Medical Expenses - Treatment, hospitalization, prescriptions, and other necessary medical care related to a covered workplace injury or illness.
Lost Wages - Partial wage replacement when an employee cannot work or must work reduced hours while recovering.
Temporary or Permanent Disability - Benefits for employees whose work-related injury causes a temporary or lasting disability.
Rehabilitation Services - Certain physical rehabilitation, occupational therapy, or vocational support needed during recovery.
Death Benefits - Financial support for eligible dependents and certain funeral expenses following a fatal workplace injury.
Employers’ Liability - Protection against certain employee injury claims that fall outside the standard workers’ compensation benefit system.
WHO NEEDS WORKERS’ COMPENSATION INSURANCE
Coverage for Colorado Employers
Colorado generally requires businesses with one or more employees to maintain workers’ compensation insurance, whether those employees work full time or part time. Requirements and exceptions can vary, so employers should evaluate their responsibilities carefully.
Businesses should also review their coverage when they:
Hire their first employee
Add part-time or seasonal workers
Use subcontractors or independent contractors
Expand into new types of work
Open an additional location
Begin operating in another state
Experience significant payroll changes
Add employees with different job responsibilities
Proper employee classifications and accurate payroll estimates are essential to securing appropriate coverage and avoiding surprises during an insurance audit
KNOWING THE LIMITS
Workers’ Compensation Doesn’t Cover Every Business Risk
Workers’ compensation focuses on covered employee injuries and illnesses. Other exposures affecting your business, customers, vehicles, and property require separate coverage.
General Liability - Injuries to customers, vendors, and other third parties.
Employment Practices Liability - Claims involving discrimination, harassment, retaliation, or wrongful termination.
Commercial Auto - Vehicle damage and liability arising from business vehicle accidents.
Commercial Property - Damage to buildings, inventory, equipment, and other business property.
Cyber Liability - Data breaches, cyberattacks, and certain technology-related risks.
Professional Liability - Claims arising from professional mistakes, negligence, or failure to provide promised services.
GUIDANCE FROM LEGACY
Coverage That Supports Your Team
Employee responsibilities, payroll, work locations, and workplace hazards all affect workers’ compensation coverage and pricing. Tell us about your team and operations, and a member of Legacy will contact you to discuss your coverage options.
Coverage descriptions are provided for general informational purposes only. Actual coverage, limits, conditions, and exclusions vary by policy and insurer. The terms of the issued policy control in the event of a claim. Coverage cannot be bound, changed, or canceled through this website or by submitting an online form.