Category: Commercial Insurance

Do you own a business in the greater Memphis, TN area? If you have an established or new business, you might wonder which type of commercial policy is right for your needs. Fortunately, the team here at P3 Insurance Solutions is here to help. We’ll review the available options with you and help you get an appropriate policy to protect your needs.

Every Company’s Insurance Needs Are Different

Every company’s insurance needs are different. While there are many similarities, especially within certain industries, it’s best to find a policy that meets your firm’s specific needs. For example, businesses that are in the delivery business will need fleet coverage for their commercial vehicles. Other companies might need a significant amount of worker’s compensation protection.

Whatever coverage needs you might have, it’s important to work with a local agency that understands the community. Now is an ideal time to review your current insurance portfolio to determine that it meets all your needs. It’s also advisable to sit down with your agent at least once a year to go over any changes that may have occurred and update your policy as needed. The right insurance will help your company weather the ups and downs that come with owning a business.  

Comprehensive commercial policies are ideal for companies that want the peace of mind that comes with knowing they have the coverage they need to protect all their hard work and dedication.

Contact Us Today!

P3 Insurance Solutions is proud to serve the insurance needs of the Memphis, TN business community. If you’re starting a business or want to make sure that your established company has the appropriate coverage, we’re here to help. Contact our office today to schedule an appointment to learn more.

Successful Tennessee business owners know that having the right commercial insurance policy can make or break their business. 

Why You Need Commercial Insurance in Tennessee

Many Tennessee business owners aren’t aware that they can get insurance coverage that can protect them from financial damage claims if a customer is seriously injured on their property while doing business or if there is an extended period of a work stoppage due to natural disasters or emergency events. 

What Does Commercial Insurance Typically Cover?

Commercial insurance protects your business from unexpected financial losses that can occur while doing business.

Small business owners in Tennessee who have commercial insurance are protected from financial losses from personal injury claims, property damage claims, and other lawsuits that can arise in doing business. 

Below are examples of common commercial insurance coverage:

1. Business Interruption Insurance – protects your business in the event of an unexpected shutdown. 
2. Commercial Auto Insurance – protect your company’s car or fleet of vehicles with auto insurance for businesses. 
3. Liability Insurance – get coverage from general liability claims and financial protection. 
4. Property Insurance – protects your business finances from property insurance claims. 
5. Workers Compensation – a form of commercial insurance that covers your business and employees in case of an accident on the job. 

An experienced insurance agent at P3 Insurance Solutions in Memphis, TN can talk to you about the best options for covering your business property, buildings, and intellectual property and answer other questions about how to buy commercial insurance. 

Get Affordable Commercial Insurance in Tennessee

If your business needs insurance, don’t wait for an unexpected event to derail your business financially. Instead, contact us at P3 Insurance Solutions in Memphis, TN and get a free quote for commercial insurance today!