I'm interested in offering group benefits. How affordable is it?

The agents at Brown & Brown of Tennessee, Inc have relationships with several highly rated insurance carriers. We are able to provide different plan designs and options to meet the budgets of business owners. Working with you, we can tailor a package to fit your needs and situation.

I haven't reviewed my group health benefits in some time. Why should I?

Outdated plan designs have several disadvantages. They may no longer satisfy the needs of your employees, your company, and your budget. Lower deductibles result in higher premiums. Have you surveyed your employees to see if they satisfy their deductibles? Many of them never do. Utilizing a higher deductible and different plan designs can help reduce costs.

My employees want additional coverage, such as life and dental. How can I afford to contribute to these benefit costs?

Many carriers offer benefits on a voluntary basis. This means an employer sponsors the plan by payroll deducting the premium and remitting payment to the carrier on behalf of the employee. This enables you to offer more without impacting your bottom line.

Why do I need Property & Liability Insurance?

A major fire at your worksite or even a minor fall by a visitor can have a devastating impact on your business. To protect your business from a significant financial loss, you can start with a Business Owner's Policy (BOP) which combines Property & Liability insurance.

Why do I need Workers Compensation (WC)?

As soon as you hire your first employee, you need the protection of WC. Not only do many state laws require it, but the financial security of your business may depend on it. WC covers workplace injuries and claims of negligence for failure to provide your employees with the proper and necessary tools for them to do their jobs.

Why do I need Professional Liability/Errors & Omissions (E&O)?

Regardless of what business you own, customers can claim that something you did on their behalf was done incorrectly, and that this error cost them money or caused them harm. Examples can range from: an accountant transposing numbers, a doctor removing the wrong organ, a lawyer filing the wrong document, a manufacturer making a product to the wrong specifications, or a print shop printing the wrong date.

What is Business Interruption & Extra Expense Insurance?

Business Interruption coverage can reimburse you for lost earnings if your business is forced to shut down because of a fire, windstorm, explosion, or other covered peril. Extra Expense insurance pays for the additional cost a business incurs in order to continue operations (Example, rent for a temporary location, employee salaries, bills that still have to be paid regardless of the loss, etc.).

Why do I need Umbrella Insurance?

No one expects a disaster to strike but every small business is vulnerable to a catastrophe or lawsuit resulting in a loss. Some of these losses could exceed your primary insurance coverage unless you protect your business with umbrella insurance. It extends your coverage beyond the limits of your basic business insurance and is important because it can help cover unexpected events. Best of all, it's generally not expensive.