I believe that as a business owner, you work way too hard to have an insurance plan that leaves you exposed. You need an insurance professional you can count on.

General Liability

The foundation of any commercial package is general liability insurance. This is the insurance you turn to if someone should slip and fall on your premises, or if they’re injured in some other manner. If your building sustains damage, or if a visitor’s vehicle is damaged on your property, your general liability insurance policy will protect you. It only takes one incident that results in a lawsuit to take down the company you’ve worked hard to build; rather than take the risk, ensure that you’re carrying the right amount of general liability coverage to keep your business safe for years to come.

Commercial Insurance

A commercial insurance plan encompasses the whole package of business insurance policies that your business should have to ensure that they’re completely and appropriately covered in the event of an emergency. There are many different pieces that might make up your Murfreesboro commercial insurance package.

Workers' Compensation

Workers' compensation insurance protects businesses from liability should an employee become ill or injured on the job. Pretty simple, right? Not quite. Every state creates its own rules related to workers compensation, and these rules are perpetually changing. It’s easy to continue carrying an inappropriate amount of workers' comp coverage because you’re not familiar with the most current information. To ensure that your business is properly covered, talk to Compass Insurance Group. We can assess your current coverage and let you know if you’re safe from liability.

"Our company was recommended to CIG and the team when we were opening our shop in Murfreesboro. From the very start they treated us so well! We've been with them a year now and we wouldn't want to be with anyone else. If you are looking for someone in town with great customer service and competitive rates then Compass Insurance Group is your agency!" - Jared Dauenhauer

Builder's Risk

Construction is an industry filled with risk for all involved. With that in mind, it’s vital that builders and commercial developers carry a builders risk policy to ensure that, should a loss occur over the course of construction, the project will not be financially devastating. Builders risk insurance enables builders and developers to start the project over again without experiencing an insurmountable deficit, potentially jeopardizing the future of the company and its workers. Better safe than sorry— get builders risk insurance.

Bonds

There are hundreds—if not thousands— of types of bonds that apply to a multitude of scenarios. Essentially, a bond involves a third party putting their “stamp of approval” on the ability of one party to complete work for another. If, for instance, X is hiring Y to do a job, A might require that Y get a bond. This will protect X in the event that Y is unable to complete the work as planned. A will get their money back and can start again with a new party. We cover a variety of different bonds at Compass Insurance Group, so talk to us if you or your business needs a bond.

Cyber Liability

In the 21st century, cybercrime has become increasingly common. Our data is under relentless attack and constantly in danger of being compromised. Should the worst occur and a malicious hacker retrieves sensitive customer information from your business, cyber liability will protect your business from the inevitable damage that will occur when this information is compromised. Any business that has any kind of electronic record keeping or that handles financial information for customers should consider getting this important form of Murfreesboro business insurance coverage.

Errors and Omissions

Errors and Omissions, or E&O, insurance helps businesses and professionals protect themselves from liability when a mistake is made. This insurance coverage encompasses malpractice and professional liability issues, too. Unfortunately, we’re all human— mistakes are made, accidents happen, and things are forgotten. Businesses, particularly new businesses, are bound to experience the occasional operational flub. If a customer holds your business liable for an error, E&O insurance will protect your business financially.

Commercial Auto Insurance

There's no way around the fact that managing a fleet of vehicles adds to your operating cost. Business Autos also drastically increase your company's exposure to liability claims. Whether your business has one car or a fleet of Semi Trucks, we can help you find a solution that protects you from catastrophic lawsuits and that helps you avoid downtime in the event of a loss.

Fantastic folks to work with. They have our insurance for 2 companies and several cars. When we need a certificate sent out always fast to get them to new clients. - Timothy Moore

Business Property Insurance

You've worked hard to build the business you've built. You depend on your building and everything in it to generate revenue. Let us help you protect what you've worked so hard to build.

In the insurance industry, it's a rare gift to come across someone who you know with 100% certainty that will bend over backwards to provide the right product for you. CIG is that agency. Plus, they're immediately responsive... even if it's crazy late hours! - Steve Reynolds

Murfreesboro Business Insurance

Your business is vital to your family’s financial security. Compass Insurance Group will make sure that your livelihood is covered in the event of a catastrophe. Every business owner has experiences that are turning points— events that will either break you or make you stronger. Let's talk and make sure you're in a position to come out on the other side better than ever.

What Does Business Insurance Encompass?

There is a variety of different types of Murfreesboro commercial insurance available to suit the needs of any business. These include:

Business Owners Policy
Professional Liability
General Liability
Builders Risk
Equipment floaters and Inland marine
Business Personal Property
Commercial Real Property
Workers Compensation
Employment Practices liability
Business Interruption insurance
Bonds
Liquor Liability
Commerical Auto Insurance
Business Umbrella Policies
Key man insurance
Disability insurance
Event Insurance

Not every business requires all of these plans, but every business requires some form of coverage. At Compass Insurance Group, we’ll work with you to help you determine which plans will best protect you, your assets, and your business.

Does Your Business Need Insurance Coverage?

Yes. No matter what the nature of your business might be, you need the protection that our Murfreesboro business insurance provides. In your business’s infancy, you’re unsure if your business model is sustainable. It might be frightening to think about spending a lot of money on insurance before you even know if your business is going to be successful in the long run.

While this fear is completely understandable, we want to assure business owners that this is the most important time to get insured. You’ve created a new business model, and that model will require some tweaking before you land on the right formula. As you test the model to see if it will be as successful as you hope it will, there are many different points of exposure that leave you and your business vulnerable to potentially expensive liability.

Compass Insurance Group is eager to help business owners navigate the confusing world of business insurance, ensuring that no matter what happens, you’ll be covered. You work hard, and if you’ve built a successful business from the ground up, the last thing you want is to keep yourself open to potential risk. Everything you created could be gone in an instant, all because you didn’t have the proper insurance coverage.

You might be thinking, “Insurance coverage will cost us thousands of dollars! We can’t afford to shell out a lot of money every month for an imaginary disaster that probably won’t even happen.”

Actually, you can’t afford NOT to obtain the right coverage that will keep your business secure should something catastrophic occur. A suit against your business, regardless of type, could result in a big payout to the plaintiff, forcing you to liquidate everything you’ve worked hard to create and putting your hardworking employees out of their jobs. In other words, it will have a huge impact on your family as well as the families of everyone who works for you if you don't invest in comprehensive Murfreesboro commercial insurance.

Get a Quote

Does Business Insurance Cover Businesses of All Sizes?

Whether you’re the sole employee at your business or you have dozens of people working for you, there is a form of commercial coverage that is specifically suited to your needs. At Compass Insurance Group, we are proud to focus on small local businesses who truly need guidance to ensure that they’re insured for precisely what they need and nothing more.

Truly, businesses of every size need business insurance - even huge, multi-million-dollar corporations require support in the event of a catastrophe. Our agency primarily covers small businesses with twenty employees or less, specifically small businesses in the greater Murfreesboro area. That said, we are licensed to cover businesses in other states, from Texas to Pennsylvania, so we’re happy to offer assistance in obtaining business insurance coverage outside of the state of Tennessee.

Whether you’re seeking errors and omissions coverage that will protect you if someone should be injured at your place of business or workers’ compensation insurance that will help protect you should you be non-compliant with the state’s ever-changing workers’ compensation laws, it’s important that you take the time to talk to a licensed professional.

We will help you find the coverage that’s most appropriate for your business at a price that won’t break your budget. Building a business is hard. Buying insurance shouldn’t be. As a team experienced with Murfreesboro business insurance, Compass Insurance Group will work with you to create a plan for coverage that will keep you and your business protected from anything life throws your way at an affordable cost without compromising the quality of your coverage.

Not sure what you need?

Why not visit our contact page, we would love to chat with you!