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P3 Insurance Solutions

8295 Tournament Dr, Suite 150
Memphis, TN 38125

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What You Should Know Before Renovating Your Home

There truly is no place like home, and there is also no better feeling than the peace of mind you get knowing your home is protected. At P3 Insurance Solutions, we can help you find the home insurance solutions residents in and around Memphis, TN deserve and need.

From remodeling and home renovations to repairs from incidents such as fire or storm damage, home insurance can also play a considerable role. Are the renovations or is your remodeling project expected to increase the value of your home? Does your home need repairs following a major storm?

At P3 Insurance Solutions, we can help you find the answers, and we offer solutions for home insurance needs for residents across the greater Memphis area. Insurance is only one thing to be aware of, however, before starting any home repairs or remodeling projects.

Before Remodeling or Renovating Your Home

While it is always a good idea to talk to your insurance agent before making any major home repairs or beginning any remodeling or renovation projects, there are also other factors homeowners should consider.


It is always important to have and keep a budget when doing any major remodeling or renovation work for your home. Few things are more problematic than an incomplete home construction project that has stalled because of budgeting problems.

DIY or Contract

Another important consideration of any major repair or reconstruction project is understanding what you can and cannot do. When you are faced with a project or parts of a project that falls outside your expertise and experience, don’t be afraid to get help.

Thank you for visiting P3 Insurance Solutions in Memphis, TN. If you are looking for home insurance options that work for you and your home, then look no further than P3 Insurance Solutions. Contact us to learn more and get the coverage you need today.

Using Home Insurance As Peace of Mind

Home insurance is not required by law in Memphis, TN. Still, having a policy in place may be necessary if you want to get financing for your home. In addition to covering the mortgage you have on your house, home insurance provisions in your policy are there to protect your possessions.

Some people choose to keep home insurance on their home even after paying off any mortgages and loans tied to the house and its equity. Other people choose to forego the ongoing cost of home insurance in an attempt to save money by getting rid of monthly premiums. It’s important to remember, though, home insurance provides peace of mind in numerous ways.

Why Home Insurance?

1. Property Liability

Homeowners liability insurance will pay for medical expenses and other costs if a guest gets injured on your property, such as falling on a sidewalk. If required, the rising cost of defending yourself in court will also be covered by insurance. 

2. Expenses 

If something happens to your house, such as it burns down or a tree falls on it, you’ll need a temporary place to reside until the home is repaired or rebuilt. With home insurance, your policy will help cover the cost of finding temporary housing and residing away from home until construction and repairs are finished. 

3. Personal Possessions

A home insurance policy provides great peace of mind by covering the cost of your personal possessions in a number of scenarios. Such situations include those in which your home is destroyed or burglarized. In many home insurance policies, there is a clause that outlines how damage to a home is covered, even if it’s a result of pet damage. 

We Are Here To Help

If you’d like to learn more about home insurance and how it provides peace of mind, contact P3 Insurance Solutions serving the Memphis, TN area today. 

Partner Carriers

  • Allstate
  • American Modern
  • Encompass
  • Farmers/Foremost
  • Guard
  • Liberty Mutual
  • Nationwide
  • National General
  • Progressive
  • Safeco
  • State Auto
  • The Hartford
  • Travelers