Tourism is big business in Colorado, but it can be seasonal. Therefore, some businesses may not operate all year round. The insurance industry recognizes this issue and it might be possible to reduce your overall Colorado business insurance premium as a result.

What if you operate a winter business that is only open during snow season? Do you need the same level of insurance coverage when equipment that you use or hire out is lying idle in your store during the summer? Of course you will still need insurance. Equipment in store can still be damaged. Premises that are closed during summer can still suffer from leaks and general damage or theft.


Similarly, perhaps your business focuses on organizing festivals. You might not be running a steady stream of events. Do you know whether you need the same level of insurance cover all the time? Profit margins go up and down and businesses that depend on visitors can be particularly vulnerable in times of economic downturn, when people may decide not to go on vacation.

Whether there is a steady flow of tourists or simply a trickle, to create and maintain the best cash flow for your business, it’s important to understand where and when to spend. Why not contact one of our Colorado business insurance agents today? Then you can see if you can reduce your premium payments!


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