Get in touch
Phone: 719-494-1330
Fax: 336-450-1689
Email: marc@cmigllc.com
Address: 5555 Erindale Drive, Colorado Springs, Colorado 80918, United States
Protect your employees from the unexpected.
Workers' Compensation
Workers' compensation insurance made simple & compliant.
Coverage that meets Colorado requirements.
We make sure your policy complies with Colorado state laws, keeping you protected from fines and legal issues.
Fast claims assistance & guidance.
If an accident happens, we help guide you and your employees through the claims process quickly and clearly.
Affordable policies tailored to your business.
We work with trusted carriers to offer competitive pricing on workers' compensation coverage that fits your team and industry.
Frequently Asked Questions
Is workers' compensation insurance required in Colorado?
Yes. Colorado law requires most businesses with one or more employees to carry workers' compensation insurance. It’s designed to protect both employers and employees in the event of a work-related injury or illness.
What does workers' compensation insurance cover?
Workers' compensation covers medical expenses, rehabilitation costs, and a portion of lost wages for employees injured on the job. It can also provide death benefits to the employee’s family and protects employers from most injury-related lawsuits.
How does workers' compensation insurance benefit my business?
Workers' compensation insurance protects your business from costly lawsuits and out-of-pocket expenses related to workplace injuries. It shows employees that you value their safety and financial well-being, which can improve morale and reduce turnover. It also helps you stay compliant with state laws and avoid potential fines.
How are premiums for workers' compensation calculated?
Premiums are based on several factors, including your payroll size, the type of work your employees do (risk classification), and your claims history. We help you understand your rates and look for ways to manage costs.
What happens if I don’t have workers' compensation insurance?
Operating without required workers' compensation insurance can lead to hefty fines, legal penalties, and personal liability for medical costs and lost wages. We’ll make sure your business is covered and compliant to avoid these risks.