In Tennessee, commercial insurance will pay for losses, damage, and other expenses associated with covered events so that your business doesn’t have to. If your inventory is damaged, a client files a liability lawsuit, or one of your employees is severely injured on the job, you won't have to worry about how this will affect your business’s bottom line.
Here’s what you can expect a standard business insurance policy to do:
Pay For Damage To Your Building
- Example: A tree falls on your office building.
Pay For Damage To Your Business Property
- Example: A fire destroys all your computers.
Pay For Damage To Someone Else’s Property
- Example: A contractor does a poor job of installing a cabinet, resulting in its falling and breaking homeowner's kitchenware.
Pay For Someone Else’s Medical Bills
- Example: A customer slips and falls on your recently mopped floor and breaks an arm.
Pay For Accidents in Company Vehicles
- Example: Your salesperson rear-ends someone while driving to an appointment.
Pay For Employee Injuries & Compensation
- Example: An employee falls off a ladder at work and can’t work for two weeks.