TN Business Insurance-Contractor Business

A Contractor Business In TN Has Unique Business Insurance Needs. Suggested Types Of Insurance That May Be Appropriate.

Commercial Building and Business Personal Property

Comprehensive business insurance coverage may be required to cover damage or total loss to:

Building
Other structures on business property
Inventory
Office furniture & fixtures
Computer equipment
Software
Valuable papers
Personal property on the job
Any other business property

Business Tools and Equipment

Insurance coverage should be sufficient to replace all tools and equipment, including the tools and equipment your employees transport to and from a job site. Specialized equipment, like welding machines, or some other very expensive equipment may need to be scheduled in your business insurance policy.

Loss of Business Income Due to Equipment Breakdown

If business operations are shut down due to the breakdown of equipment, you will obviously lose business income. You may want to consider this type coverage in your business insurance program.

General Liability Insurance

General liability insurance will provide insurance coverage for the risk of causing bodily injury or property damage to someone else. General liability can be purchased in a stand alone policy or it can be packaged with property insurance in a Business Owners' Policy (BOP).

Commercial Builders Risk Insurance

If you are in the construction industry, you will probably want insurance coverage to cover the property under construction, as well as, materials on and off the job site.

Commercial Auto Insurance

Vehicles which are used primarily in your TN business probably should be insured under a commercial or business auto policy.

Workers' Compensation Insurance

TN State Law may require that you provide Workers' Compensation or Workers' Comp Insurance, even if you have no full time or part time employees.

Business insurance information and the types of business insurance described in this business insurance web site are general and are not presented as an all inclusive list of needed insurance coverage. All suggestions are strictly for informational purposes only and should not be construed as "agent to client" advice. You should first consult with your own professional business insurance advisor prior to making a decision regarding the suitability of topics discussed which may or may not be applicable to the unique needs of your TN business.