Running a contracting business in New York is challenging enough without having to worry about whether your insurance agency is doing its job. Unfortunately, many contractors are unknowingly putting their business at risk because their agency is failing them in ways they don’t even realize.
If you’re tired of rising premiums, poor service, and mistakes that could cost you big at claim time, here are 10 things your insurance agency doesn’t want you to know — and how BGES Group is different.
1. They Don’t Market Your Account at Renewal
When your insurance policy is up for renewal, you probably assume your agency is shopping your account to multiple carriers to find you the best pricing and coverage. The truth? Many agencies simply let your policy renew with the same company — even if you face a double-digit premium increase.
You could be missing out on better options that could save your business thousands of dollars annually.
2. Your Account Executive is Overloaded
The account executive servicing your account might be managing 150 to 200 accounts at once. That means limited time for reviewing your policies, strategizing ways to lower your costs, or even answering your questions promptly. When your account is just one of hundreds, you’re not getting the attention you deserve.
3. Constant Turnover of Account Executives
High turnover is common in the insurance industry. Your account executive today may be gone tomorrow. Each time someone new takes over, they have to learn your business from scratch — and in the meantime, details get lost, mistakes get made, and service quality suffers.
4. Poorly Trained Account Executives
While account executives often know more than their clients, many are still undertrained. This lack of expertise can result in you getting subpar advice, missed coverage gaps, or policies that don’t truly protect you. A single oversight can expose your business to major financial loss.
5. They Don’t Understand Your Policy Forms
Contractors often rely on their agencies to ensure that their insurance meets the requirements of each job contract. Unfortunately, many account executives don’t fully understand the forms attached to your liability policies.
Take “Blanket Additional Insured Coverage,” for example. You might think it covers all the parties required by each job contract — but that’s not always the case. You could find out at the worst possible time: when a claim arises, or when payment for your work is delayed because your coverage wasn’t correct.
6. Slow Response Times
When you need help, you need it fast — whether it’s a certificate of insurance, advice about a claim, or clarification on your coverage. But with many agencies, getting someone on the phone can feel impossible. Emails may sit unanswered for hours, even days, leaving you frustrated and potentially jeopardizing your contracts.
7. Unnecessary Policy and Service Fees
Some agencies quietly tack on thousands of dollars in policy and service fees. These fees are pure profit for the agency and do nothing to improve your coverage or service. Many contractors are paying far more than necessary without even realizing it.
8. Your Account is Ignored Post-Renewal
For many agencies, once your policy is renewed, they won’t touch it again until the next renewal period. This “set it and forget it” approach means that important changes in your business or risk profile go unnoticed — leaving you exposed until something bad happens.
9. Agencies Don’t Double-Check Policies
When your policies are issued, they need to be carefully reviewed for accuracy. Many agencies skip this step. Errors such as incorrect limits, wrong job classifications, or missing endorsements could leave you uninsured when you need coverage most.
10. Incompetence Runs Rampant
It’s not pleasant to hear, but incompetence is widespread in the insurance industry. Many employees simply don’t have the experience, training, or commitment to handle your account effectively. The result? Frustration, higher costs, and unnecessary risk.
There’s a Better Way – BGES Group
If you’ve experienced even a few of these problems, it’s time for a change. BGES Group specializes in contractor insurance and offers the exact opposite of what’s described above.
When you work with BGES Group, you get:
✅ Active marketing of your account at every renewal – We shop your policies with over 50 top carriers and programs to get you the best coverage and pricing.
✅ Personalized service – You work directly with Gary Wallach, who knows your account inside and out.
✅ Fast response times – Call, text, or email — even on weekends — and you’ll get the help you need quickly.
✅ Expert policy review – We check every policy and endorsement so you’re never surprised at claim time.
✅ No unnecessary fees – We focus on saving you money, not adding to your costs.
About BGES Group
BGES Group is one of the leading construction insurance specialists serving New York, New Jersey, and Connecticut. We represent over 50+ companies and offer the very best general liability and umbrella programs. Our coverages include:
- Property & Builders’ Risk
- Inland Marine
- General Liability & Umbrella Liability
- Commercial Auto
- Bid & Performance Bonds
- Workers’ Compensation & N.Y.S. Disability
- Group Health Insurance
We don’t just sell policies — we partner with you to protect your business, keep costs under control, and make sure you’re covered correctly.
Workers’ Compensation Specialists
Are you unhappy with your workers’ compensation rates, company, or audits? Are you being canceled or having trouble getting coverage because of losses? BGES Group can help.
We have special programs for contractors, auto services, logistics companies, recyclers, and more. Our preferred program offers:
- Excellent pricing
- Long-term coverage stability
- Multi-state coverage
- Hassle-free annual audits
Get in Touch
If you’re ready to work with an agency that cares about your business and fights for you, contact BGES Group today.
📞 Call: 914-806-5853 – Gary Wallach
📧 Email: bgesgroup@gmail.com
🌐 Website: www.bgesgroup.com
Like a trusted friend referring a good resource, take a moment to read BGES Group’s Google Reviews and see what other contractors are saying. You’ll quickly see why so many business owners trust us with their insurance.