Workers Compensation Insurance for Colorado businesses

State rules and carrier appetite both shape what workers compensation looks like in Colorado. We shop multiple A-rated carriers across Colorado so you see real numbers and real coverage differences.

The Allen Thomas Group has been licensed in Colorado since 2003. We know which carriers price workers compensation correctly in Colorado and which to skip.

What workers compensation covers

• Medical expenses — for work-related injuries and illnesses
• Lost wages — partial replacement of income while injured
• Disability benefits — temporary and permanent
• Death benefits — to surviving family
• Rehabilitation — vocational training if return to original job not possible
• Employer's liability — third-party suits arising from employee injury

Limits to consider

Statutory limits for workers comp benefits (set by state). Employer's liability typically $500K/$500K/$500K standard, $1M/$1M/$1M for accounts requiring umbrella.

What it costs in Colorado

Premium = rate × payroll × experience modifier. Rates vary 10-100x between class codes. Office staff (8810) might be $0.10/$100, roofers (5551) might be $30+/$100. Class code accuracy is the single biggest premium lever. Pricing in Colorado specifically depends on local rate filings, claims environment, and carrier appetite — we benchmark across markets.