Does Colorado have a privacy law that affects businesses? 

Yes. The Colorado Privacy Act took effect on July 1, 2023 and it gives Colorado residents rights over their personal data. The Attorney General and district attorneys enforce it1. Separately, Colorado’s breach law requires consumer notice, usually within 30 days2.

  1. https://coag.gov/resources/colorado-privacy-act/ ↩︎
  2. https://coag.gov/resources/data-protection-laws/ ↩︎

What is the difference between general liability and professional liability? 

General liability usually focuses on third-party bodily injury, property damage, and certain advertising injury claims. Professional liability focuses on claims that your advice, service, design, recommendation, or work error caused financial harm.

Can I buy small business insurance online in Colorado? 

Yes. Many Colorado businesses can start online for general liability, a business owner’s policy, workers’ compensation, professional liability, cyber liability, commercial auto, or property coverage. Before buying, compare the quote with your lease, contract, license, and certificate requirements.

What are Colorado’s minimum auto liability limits? 

The Colorado General Assembly lists these minimum auto liability limits1: 

  • $25,000 for bodily injury or death to one person. 
  • $50,000 for bodily injury or death to all people in one accident. 
  • $15,000 for property damage in one accident.
  1. https://content.leg.colorado.gov/content/mandatory-automobile-insurance-colorado ↩︎

Does Colorado require workers’ compensation insurance? 

Yes. Colorado employers with one or more employees must carry workers’ compensation insurance and maintain it at all times, with limited exceptions. CDLE says this applies to part-time, full-time, and family-member employees. An employer without coverage can be fined up to $500 for each uninsured day1.

  1. https://cdle.colorado.gov/dwc/employers/insurance-coverage ↩︎