Memphis Commercial Property Insurance

Memphis Business Property Insurance to Secure Your Success

Finding the right property for your Memphis business can make all the difference to your success. The same goes for protecting the money you've put into it.

Whether you own or lease a single property or multiple premises, protecting your investment in its structure, equipment, inventory and much more relies on quality, best-value commercial property insurance. And in Memphis, that means coverage through an experienced and knowledgeable agent like Lofton Wells Insurance.

We've been protecting Memphis organizations like yours for many years. Our clients stay with us because they know:

  • Business success is built on wise risk management.
  • Effective risk management is founded on solid insurance protection

Lofton Wells' Insurance Memphis Business Property Insurance Program

It's an oft-repeated but true statement that every business is different, even in individual markets. So, why would you settle for a standard off-the-shelf insurance policy, when you can secure customized coverage from Lofton Wells Insurance?

In fact, because other policies may cover risks you don’t face, having individually tailored Memphis commercial property insurance could even save you money.

Not only that but because we're also an independent insurance agent, we do all the work of shopping around multiple insurance carriers for exactly the right Memphis business property insurance for you at the right price. That leaves you to get on with the demanding task of running your own business!

Your Memphis Commercial Property Insurance Options

Your custom coverage depends on many factors including whether you own or lease your property, landlord/lease requirements, local regulations and ordinances, special risk factors in your business, location, inventory storage, machinery and other equipment.

Lofton Wells Insurance takes care of these things, so you don't bogged down in selecting from them. Then we build your coverage by drawing on some of the following options:

  • Protection for the structure of your building(s) against a wide range of perils for the cost of repairing or rebuilding. Includes coverage for meeting new local ordinances. Covered perils include fire, theft, vandalism, windstorm, water leakage. Coverage extends to exterior fixtures like parking areas, external structures, signage and walls or fences.
  • Insurance for all your fixtures and fittings, personal property, furniture, computers, machinery and other equipment against the same risks. Includes other people's property in your care.
  • Memphis business income or business interruption insurance, enabling you to maintain financial performance after an insured incident. This can include the cost of alternative temporary premises.
  • Memphis business umbrella insurance, which increases the limits of your liability coverage. This may be necessary in organizations that face a higher-than-normal level of risk.
  • Coverage for additional risks like floods.
  • Inland marine insurance for items in transit or storage elsewhere.

You can be insured either for the replacement value of lost or damaged items, or for what's known as actual cash value based on current valuations at the time of the incident.

Liability and BOPs

Allied to your business property insurance, is general liability insurance to protect against claims and lawsuits arising from bodily injury or damage suffered by third party visitors on your premises.

This can be combined with your main structural/contents coverage into a single, simple and money-saving Business Owners Policy (BOP). This is particularly suited to smaller businesses.

Why Lofton Wells' Insurance Memphis Business Premises Insurance?

Here are just a few of the many reasons we believe Lofton Wells Insurance offers the best solution to your Memphis business property insurance needs.

  • You don’t pay for our customizing, but you get a better-designed policy
  • We're local. We know the rules and risks affecting Memphis real estate coverage.
  • We're dedicated to first-class customer service you won’t find online or elsewhere.
  • We'll help you if you need to file a claim, and advocate for the best settlement.
  • We can advise on risk management in your business.
  • We're independent, not tied to an individual insurer.
  • We can often secure generous discounts that others may not know or tell you about.
  • We can provide fast and flexible coverage and certification to adapt to your needs.

Save Time and Money Now!

Whether you're just starting out or reviewing your existing Memphis business property insurance, contact us now. Learn how Lofton Wells Insurance can help you manage your risk with easy, best-value insurance protection.

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