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Tips On Workers Compensation Insurance Colorado If you own a business in Colorado, you are obligated to have workers compensation insurance. This type of insurance is not only required, it is also expensive to those who do not have it. Colorado has the least amount of liability insurance in the country. This is because Colorado does not have a personal injury protection act that protects employees from all kinds of losses and injuries that may occur on the job. For instance, someone could get struck by a falling tool on the job o