If You are a NY, NJ, CT Contractor Who Is Unhappy With Their General Liability, Umbrella Liability, Business Auto, Workers Compensation or Bond Rates, Coverage, Exclusions –>

Posted on June 6, 2019September 1, 2019 by BGESGroup

1. Let us market your account to our network of fifty (50) insurance companies and find you lower rates, better coverage, less restrictions. Insuring contractors is our #1 expertise. We insure hundreds of contractors and DAILY have a pulse on which insurance companies insure your type of work, pricing, coverage and change in carrier appetite.

2. Commercial General Liability – We represent the TOP ten (10) New York programs. Insured with a surplus lines carrier? We represent one of the lowest priced, best coverage surplus lines carriers in NY. Only a handful of agents can offer this program. We are one of them. If you fit we will get you in. We also have companies that offer special discounted packages combining general liability, umbrella liability, business auto and worker’s compensation coverages. Because of policy exclusions, restrictions and contracts you sign it is critical you work with a construction insurance expert. We are one of New York’s leading experts.

3. Subcontractor Insurance Screening – Are you using subcontractors? Do you require them to sign hold harmless and insurance agreements? Are you checking their insurance to make sure they carry required coverages? Are you a sub signing hold harmless and insurance agreements? Do you know if you are contractually liable to cover certain claims and that your insurance policies cover such claims? We have a program that will help you screen subcontractors insurance. We also can help screen contracts you enter into to make sure you are in compliance.

4. Has your Umbrella Liability policy pricing increased dramatically over the last few years? Do you know the exclusions in your policy? Have a “Labor Law – Action Over” exclusion? Employee injury exclusion? Contractual liability coverage? Height limitation? Type of work restriction? Subcontractor restriction or NO coverage if your subs fail to carry the proper coverages? Is your policy subject to audit? For New York contractors we offer the TOP umbrella liability policies.

5. Business Auto Policy – Unhappy with your rates? We have up to ten (10) companies to market your account to.

6. Worker’s Compensation – Unhappy with your pricing? In a state or assigned risk plan and wondering what other options you have? In the middle of an audit dispute? Do you operate in multiple states (if insured through a state plan you may not have the right coverage)? Payrolls assigned to proper class codes? Receiving all the credits you are entitled too? Being charged a 10% service fee? We offer a policy that has a low deposit and no renewal deposits. Provides THE RIGHT COVERAGE if you operate out of state. (do you know NJ medical benefits are higher than New York’s?) Payrolls get classified correctly. Payroll caps get applied automatically. Simplified audits. No 10% service fees. Certificates issued within minutes. Immediate phone, text and email replies.

7. Property/Builders Risk – Need help in this area. We represent all the right carriers.

8. Bid & Performance Bonds – We have a department set up specializing in this area. Need better pricing? Increased bonding limits? Better service? Give us a call and see how we can help.

9. NYS Disability – Need a quicker turnaround getting certificates? Better claims paying? Have questions about paid family Leave Act? Try us.

10. Group Health – We have a benefits department that specializes in group health/drug/dental/life/other. Looking for better rates, coverage? How about dealing with someone who is an expert, can address your questions, who you can turn to when there’s a claim problem? Try us if you are unhappy with your current situation.

BGES Group’s office, located in Larchmont, NY is a full service insurance agency offering, property, liability, umbrella liability, business auto, bid & performance bonds, inland marine, worker’s compensation, New York State disability, group health, life insurance and Personal lines.

BGES Group are Worker’s Compensation Specialists for the States of New York, New Jersey and Connecticut – Issues we address: 1) Lowering pricing – we have specialty programs that can save you up to 40%; 2) Finding a new company; 3) Being cancelled or non renewed; 4) Audit disputes; 5) Company creating fictitious payroll at audit time; 6) Lowering high experience modifications factors; 7) Misclassification of payrolls; 8) Lowering or eliminating renewal deposits; 9) Getting coverage when you’ve been without for a few months; 10) Covering multiple states under one policy; 11) Eliminating 10% service or policy fees; 12) Timely issuance of certificates; 13) Always being able to get someone on the phone or by email when you need to.

[embedyt] https://www.youtube.com/watch?v=eWFmjYirlkw[/embedyt]

About BGES:
[embedyt] https://www.youtube.com/watch?v=eWFmjYirlkw[/embedyt]
BGES Group’s officeis a full service agency offering funding, property, liability, umbrella liability, auto, bid & performance bonds, inland marine, worker’s compensation, New York State Disability and health insurance coverages too.
BGES Group are worker’s compensation specialists (NY, NJ, CT) insuring contractors, limousine services, auto services, local truckers, manufacturers and staffing agencies (Note: we can insure any business). Workers Compensation issues we address: 1) Lowering rates – our specialty programs have been able to save businesses up to 40%; 2) Being non renewed? 3) Audit disputes; 4) Lowering high experience modifications factors; 5) Misclassification of payrolls; 6) Lowering or eliminating renewal deposits; 7) Getting coverage when you’ve been without for a few months; 8) Covering multiple states under one policy; 9) Eliminating 10% service or policy fees; 10) Timely issuance of certificates; 11) Always being able to get someone on the phone or by email when you need to.
Special Contractor Insurance Programs (NY, NJ, CT) – We we have 50 insurance companies to market your general liability, umbrella liability, business auto, workers compensation, bid & performance bonds and group health coverages to.

ALERT NEW JERSEY & CONNECTICUT CONTRACTORS: We have an extremely competitively priced General /Excess Liability program. You want to lower these costs, get a quote today! Call Gary Wallach at 914-806-5853 or click here.
To Speak With Us Call 914-806-5853, click here to email or click here to visit our website .
http://www.bgesgroup.com or http://www.workerscomp.store
Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538
e-mail: bgesgroup@gmail.com

Light-duty Can Help Reduce Workers; Comp Claims Costs

Posted on June 6, 2019September 1, 2019 by BGESGroup

By implementing a program that offers a good incentive to return, you can reduce the risk of paying more benefits than necessary.

Recent research shows that employers lose about 80 million work days annually due to workplace injuries or illnesses. The number of employees who remain away from work more than seven days because of injuries or illnesses stretches into the millions.

This means that employers are left to deal with the high cost of workers’ compensation premiums, lost productivity and disability benefits. But, by creating a special incentive program, you can greatly reduce these costs.

Light duties

When an injured worker is off work healing, a physician will regularly examine them. These exams will in part determine whether the worker is ready to return to their previous tasks.

In some cases, it may be possible to get the individual back to work sooner with light duties.

For example, consider a worker who is injured while lifting boxes in a warehouse. The attending physician will be examining the employee to determine whether he or she is ready to lift boxes again.

If the employee has a back injury, it could be several weeks before they can return to work.

But, if the employer offered the worker an easy temporary job in the office, they may be able to return much sooner. To make something like this happen, a light-duty program must be put in place. A solid program should have the following features:

Addresses environmental, physical, knowledge and emotional factors that may prevent employees from returning to work.
Makes the transition to full-time work easier.
Focuses on employees’ abilities instead of their disabilities.

Light-duty programs improve employee morale by increasing incentives for returning to work and staying safe. For the employer they maintain productivity by lowering the number of lost work days.

These programs help speed up employees’ recovery processes. Recent research shows that 50% of workers who stay out of work for more than six months will never return to their jobs. If they stay out for more than one year, the likelihood of returning to work is about 10%.

Getting employees back to work as quickly as possible is the best way to bring about feelings of being part of the team. It also lessens the financial impact on the employee and their family.

The elements of a solid plan

To make sure a program is as comprehensive as possible, include the following elements:

Performing meaningful tasks instead of simple busy work.
Coordination with the doctor about work restrictions.
Alternative work assignments that benefit the employer and employee.
Descriptions of duties the injured employee must perform.
Provisions for situations where employees may have to take additional medical leave time after returning to work.
Stated conditions and time parameters for temporary assignments.

Benefits of return-to-work programs

Making it easier to keep valuable employees, who are productive while recovering.
Making communication happen between employees, employers and doctors, instead of between employees and their doctors.
Making it difficult for employees to stay out of work longer than necessary.
Reducing the need to recruit, hire and train new workers.
Reducing the cost of workersí comp disability payments to injured workers.
Showing your concern for the injured employeeís health.
Reducing claims costs, which can help reduce your rates.

The takeaway

Workers’ compensation consumes a sizable portion of overall personnel costs. A solid return program can reduce those costs, including intangible ones, like the absence of an experienced worker. Also, it helps keep employees happy. To learn more about return-to-work programs, discuss the options with us.

BGES Group’s office, located in Larchmont, NY is a full service insurance agency offering, property, liability, umbrella liability, business auto, bid & performance bonds, inland marine, worker’s compensation, New York State disability, group health, life insurance and Personal lines.

BGES Group are Worker’s Compensation Specialists for the States of New York, New Jersey and Connecticut – Issues we address: 1) Lowering pricing – we have specialty programs that can save you up to 40%; 2) Finding a new company; 3) Being cancelled or non renewed; 4) Audit disputes; 5) Company creating fictitious payroll at audit time; 6) Lowering high experience modifications factors; 7) Misclassification of payrolls; 8) Lowering or eliminating renewal deposits; 9) Getting coverage when you’ve been without for a few months; 10) Covering multiple states under one policy; 11) Eliminating 10% service or policy fees; 12) Timely issuance of certificates; 13) Always being able to get someone on the phone or by email when you need to.

[embedyt] https://www.youtube.com/watch?v=eWFmjYirlkw[/embedyt]

Annual Insurance Review is Crucial to Your Growing Business

Posted on June 1, 2019September 1, 2019 by BGESGroup

One of the biggest mistakes owners of growing businesses make is not keeping up their insurance coverage to account for the expanding assets and potential liabilities.

Let’s say you started your business 10 years ago with just a small space and computer desk. Today, you have an office full of employees and equipment. If you still have the same insurance coverage as you did a decade ago, or even three years ago, the chances are high that you are underinsured.

To make sure you have all of your assets covered, you should review your business insurance program annually. Circumstances change, and without a yearly review, you could be faced with substantial expenses if you suffer a loss.

It’s common for small businesses to start out with basic insurances, such as commercial property and general liability policies. However, as they grow, most owners need other types of insurance, such as:

Excess liability or umbrella – This covers claims exceeding your standard policy’s limits.
Workers’ compensation – After your business hires its first employee, this type of insurance will be required in most states to provide payments for an employee’s lost wages and medical expenses following a workplace injury.
Professional liability – This form of insurance covers your service-provided mistakes, and usually your attorney fees.
Auto, hired and non-owned – This protects your business should an employee cause a vehicle accident in their personal or rented auto.
Commercial auto – This provides coverage not under personal auto policies, such as to your business and for employees unloading and loading.
Employment practices liability – Coverage for HR issues, such as those related to termination, harassment and discrimination laws.
Directors and officers liability – Financial protection for directors and officers should they be sued for wrongful acts stemming from performance of their duties.
Employee benefits liability – This insurance covers liability issues from an omission or error in the administration of an employee’s benefits that results in the employee incurring a cost, such as a terminated worker losing benefits after not being provided with COBRA information.

Depending on your business, many of these coverages may be essential to adequately protect your firm. An annual insurance review is an ideal time to discuss your needs with us.

Ensure the following elements are considered as you begin the review:

Revenue – More business is good, but it also means a greater potential for liability. Have your annual sales changed?
Property – Have you added equipment, computers and such that would create a need to increase your commercial property policy’s limits?
Location – Your business owner’s or general liability policy could be affected if you’ve added, closed or moved locations.
Travel – A hired and non-owned auto policy may be needed if your employees are frequently driving rented vehicles.
Employees – Have you had an increase in your workforce, turnover rate, or use of contractors? Consider employment practices liability insurance for high turnover rates. The more employees you add, the more you’ll pay for your workers’ comp coverage.
Services – Are you offering additional services? For certain types of work, you may need additional endorsements to your general liability policy.
Customers – Are you serving new clients or industries? This may cause problems with your professional liability policy if you’re servicing high concentrations of high-risk clients/industries.

The takeaway

The answers for each of the above won’t remain the same over a business’s life, and that’s why insurance isn’t a one-size-fits-all, unchangeable product.

Annually review your business for exposures and insurance needs. Insurance may not cover everything, but it can certainly mitigate your risks.

[embedyt] https://www.youtube.com/watch?v=eWFmjYirlkw[/embedyt]