If you’re a contractor in New York, you’ve probably experienced the frustration of working with insurance agencies that fail to meet your needs. It’s the same story over and over: you call your agency for help, and no one answers. Worse, when you do finally get someone on the line, it’s a person who is nice but takes forever to get you what you want. You deserve better. Let’s uncover some dirty little secrets about the insurance agencies that service contractors—and why it’s time to make a switch.

1. No One Answers the Phone When You Call

You’re in the middle of a project, facing a crucial insurance issue, and you can’t get anyone at your agency to answer the phone. This isn’t just frustrating; it’s a waste of your valuable time. Many agencies simply don’t prioritize their clients, leaving you in the lurch when you need them the most.

2. You’re Paying Too Much for Business Insurance

Let’s face it—contractors in New York are already paying a premium for business insurance. Between the high-risk nature of your work and New York’s regulatory environment, costs are high. But are you paying more than you should? Probably. Most agencies aren’t working hard enough to find you the best deal.

3. Exorbitant Service Fees: Agencies Add Thousands in Fees Without Transparency

Here’s a dirty little secret: many insurance agencies tack on extra service fees, sometimes in the thousands of dollars. These fees are often hidden, buried in paperwork, and totally unnecessary. The worst part? The agency is already being paid handsomely by the insurance companies they represent. So why are they squeezing more out of you? Greed.

4. Automatic Policy Renewals Without Considering Better Options

How many times has your agency automatically renewed your policies with the same companies, year in and year out? It’s easy for them, but it’s not always the best deal for you. Without actively shopping around for better coverage or lower rates, they’re letting you overpay for your insurance. Meanwhile, there are probably better options available that they’re just not bothering to find.

5. Inexperienced Account Executives Don’t Understand Policy Contract Language

Insurance isn’t simple, and most account executives at large agencies aren’t seasoned experts. Often, they lack the knowledge to fully understand the complex contract language of your policies, putting you at risk. This inexperience can lead to costly mistakes that affect your coverage in critical situations.

6. Inexperienced Staff Who Lack Real-World Knowledge

The sad truth is, many people who work at these agencies are inexperienced—both in book knowledge and real-world application. They might be able to quote you a price, but do they understand the unique risks you face as a contractor? Do they know how to tailor coverage to fit the specific needs of your projects? The answer is often no.

7. High Employee Turnover Means New Faces Who Don’t Know Your Account

Does it feel like every time you call, there’s a new person handling your account? That’s because many agencies have high employee turnover, which means people unfamiliar with your business end up servicing your account. It takes months—sometimes years—to build a solid working relationship with your insurance agent. But when that person leaves, you’re left starting over with someone new who doesn’t know the ins and outs of your coverage needs.

8. Agencies Don’t Bother to Check Your Policies When They Come In

When was the last time your agency really went over your policy details with you? Chances are, they didn’t. Many agencies don’t even check your policies thoroughly when they come in. This negligence could leave gaps in your coverage, and you might not even realize it until it’s too late—when you’re filing a claim.

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The Solution: Work with an Agency That’s There When You Need Them

If you’re tired of dealing with agencies that never answer the phone, employ inexperienced staff, and overcharge you, it’s time for a change. BGES Group is different. We offer the expertise, responsiveness, and street smarts that you deserve. When you work with BGES Group, you get:

– Experienced Account Executives who understand both insurance and the contracting business.                                                                                                                                                                                                          

– Personalized Service with real people who know your account and are always available when you call.                                                                                  

– Competitive Pricing without hidden fees or automatic renewals that leave you overpaying year after year.

Stop paying exorbitant amounts for subpar service. Contact Gary Wallach at BGES Group today and experience the difference an expert agency can make.

Call Gary Wallach at 914-806-5853 or email bgesgroup@gmail.com for help with your business insurance needs! Don’t settle for anything less than the best.

BGES Group is one of New York, New Jersey, and Connecticut’s Construction Insurance Specialists representing 50+ companies, including all the BEST general & umbrella liability programs. We offer all the coverage needed, including property, builders’ risk, inland marine, general liability, umbrella liability, auto, bid & performance bonds, workers’ compensation, N.Y.S. disability, and group health.  Our commitment to you goes beyond the policies we provide. We are always just a call, text, or email away, ready to assist you, even on weekends. We understand the importance of your business and are here to help you navigate any insurance challenges.

BGES Group are Workers’ Compensation Insurance Specialists for Tri-State Business Owners: Unhappy with your rates, company, being canceled, losses causing difficulty getting coverage, in the middle of an audit dispute, misclassified payrolls, or whatever your issue. We can help!  We have special programs for Auto Services, Contractors (especially in New York), Limousine Services, Logistics Companies, Manufacturers, Recyclers, and Truckers; we can help ANY tri-state business owner. We are considered “Preferred Agents” for this one program that, if we can get you into, their pricing is excellent, offers long-term coverage stability, and can cover multi-state operations. The program takes the hassle out of doing annual audits, too. 

If you want to speak with us, call Gary Wallach at 914-806-5853, click here to email, or visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

email: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2024 – BGES Group

As a New York contractor, securing the right liability insurance can be a complex and expensive process. With the rising costs of coverage and the increasing risk factors in the construction industry, having an experienced partner by your side is critical. BGES Group specializes in helping contractors like you navigate these challenges, offering expert advice and personalized service. Here are five ways BGES Group can assist you with your contractor liability coverage and rates:

1. Tailored Insurance Solutions

BGES Group understands that no two construction projects are the same. Whether you’re a general contractor, subcontractor, or specialty tradesperson, BGES Group will work closely with you to assess your specific insurance needs. They offer custom-tailored liability solutions, ensuring you have the right coverage in place for your business size, project scope, and risk exposure.

2. Access to Competitive Rates

One of the biggest concerns for contractors is finding affordable coverage. BGES Group has developed strong relationships with top insurance carriers, giving them access to competitive rates that many other brokers may not be able to offer. This means you can get the coverage you need at a price that fits your budget.

3. Expertise in New York’s Unique Insurance Landscape

New York contractors face specific challenges, especially with state laws like Labor Laws 240 and 241, which can increase liability risks. BGES Group’s team of insurance experts specializes in New York construction, so they know how to navigate these legal complexities. Their deep knowledge of the market ensures that you get the right coverage to protect you against costly claims.

4. Risk Management Guidance

BGES Group doesn’t just sell insurance; they also help you manage risk. By providing guidance on safety practices, subcontractor management, and contract reviews, BGES Group helps reduce your exposure to liability claims. This proactive approach can lead to fewer claims, lower insurance costs over time, and a safer working environment for your team.

5. Boutique-Like Service

As a boutique agency, BGES Group offers personalized, hands-on service that larger firms often can’t provide. When you work with BGES, you won’t get lost in the shuffle. They’ll be with you every step of the way, from initial consultations to claims handling, ensuring you always have the support you need.

Contact Information

Ready to secure better liability coverage and rates for your contracting business? Contact BGES Group today!

– Phone: Gary Wallach at 914-806-5853 

– Email: bgesgroup@gmail.com 

– Website: [BGES Group](http://bgesgroup.com)

Let BGES Group help you protect your business while saving on costs! Reach out today to discuss your options.

BGES Group is one of New York, New Jersey, and Connecticut’s Construction Insurance Specialists representing 50+ companies, including all the BEST general & umbrella liability programs. We offer all the coverage needed, including property, builders’ risk, inland marine, general liability, umbrella liability, auto, bid & performance bonds, workers’ compensation, N.Y.S. disability, and group health.  Our commitment to you goes beyond the policies we provide. We are always just a call, text, or email away, ready to assist you, even on weekends. We understand the importance of your business and are here to help you navigate any insurance challenges.

BGES Group are Workers’ Compensation Insurance Specialists for Tri-State Business Owners: Unhappy with your rates, company, being canceled, losses causing difficulty getting coverage, in the middle of an audit dispute, misclassified payrolls, or whatever your issue. We can help!  We have special programs for Auto Services, Contractors (especially in New York), Limousine Services, Logistics Companies, Manufacturers, Recyclers, and Truckers; we can help ANY tri-state business owner. We are considered “Preferred Agents” for this one program that, if we can get you into, their pricing is excellent, offers long-term coverage stability, and can cover multi-state operations. The program takes the hassle out of doing annual audits, too. 

If you want to speak with us, call Gary Wallach at 914-806-5853, click here to email, or visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

email: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2024 – BGES Group

If you’re a business owner in New York, New Jersey, or Connecticut, you’re well aware of the importance of having the right workers’ compensation insurance in place. Whether you’re a contractor, manufacturer, or service provider, ensuring that your employees are covered in the event of a work-related injury is not just a legal obligation—it’s a smart business move. Workers’ compensation not only protects your employees but also shields your business from costly lawsuits and penalties.

Navigating the complex landscape of workers’ compensation insurance can be overwhelming, especially when each industry comes with its own unique risks and requirements. That’s why it’s critical to choose a policy that suits your specific business needs. Many business owners make the mistake of settling for a one-size-fits-all solution, only to find that it leaves them vulnerable in the long run.

Fortunately, there are specialized workers’ compensation programs available for businesses in high-risk industries like construction, roofing, manufacturing, moving and storage, and auto services. These programs offer tailored solutions that provide better protection while keeping costs manageable.

 Here are Problems We Can Help You With:   

• Lowering your rates.                                                                                                         
• Your policy is being canceled or non-renewed due to poor loss experience.                                                                                                       
• You are unhappy with the people servicing your account.  They are robot-like people who can’t think out of the box.                                                                
• You’re with a company that uses a composite rate for taxes and payroll service fees, and you have no idea what you are paying.

• You have a high experience modification factor and it is causing problems getting new jobs.                                                                                                                                    
• You are with a Professional Employer Program (PEO) and can’t get needed reports; payrolls are not delivered on time, and you have to wait 10 – 30+ minutes before you get someone on the phone.  You have no one representative to deal with.                                                                                                                                            
• Audits are such a hassle for the company.  It feels like you are going through an interrogation.  We have programs that do not do annual audits or if they do they request minimal paperwork.                                                                                                                      
• You are in a state or assigned risk program but work in multiple states.  BUYER BEWARE!  You can be exposed to a sizeable uncovered loss.                                    
• You have to wait hours and days for insurance certificates.                                                  
• Your insurance broker is never around when you need them.  They never answer their phone.  They are always away from their desk, in meetings, or out to lunch; it takes days to hear back from them.                                                                                                
• The insurance agency you deal with offers limited choices. The customer service representatives are inexperienced and usually don’t think outside the box.                                                                                        

Here’s what we can offer you:

1. You will deal with one person who has 44 years of experience.
2. This person is a great problem solver who can think creatively.
3. This person is an encyclopedia of knowledge.
4. This person knows the ins and outs of the system.
5. They have connections and can get the job done for you.
6. They are street fighters yet know how to talk to people.
7. They will always be there when you have an issue.
8. You can trust this person because he always does what he says he will do.                              

BGES Group are Worker’s Compensation Specialists for the States of New York, New Jersey, and Connecticut – Issues we address:

1. Lowering pricing – our specialty programs can save you up to 30%+.
2. Finding a new company.
3. Replacing policies that are being canceled or non-renewed.
4. Audit disputes.
5. Company creating fictitious payroll at audit time.
6. Lowering high experience modification 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 be able to get someone on the phone or by email when you need to. 

BGES Group is one of New York, New Jersey, and Connecticut’s Construction Insurance Specialists representing 50+ companies, including all the BEST general & umbrella liability programs. We offer all the coverage needed, including property, builders’ risk, inland marine, general liability, umbrella liability, auto, bid & performance bonds, workers’ compensation, N.Y.S. disability, and group health.  Our commitment to you goes beyond the policies we provide. We are always just a call, text, or email away, ready to assist you, even on weekends. We understand the importance of your business and are here to help you navigate any insurance challenges.

BGES Group are Workers’ Compensation Insurance Specialists for Tri-State Business Owners: Unhappy with your rates, company, being canceled, losses causing difficulty getting coverage, in the middle of an audit dispute, misclassified payrolls, or whatever your issue. We can help!  We have special programs for Auto Services, Contractors (especially in New York), Limousine Services, Logistics Companies, Manufacturers, Recyclers, and Truckers; we can help ANY tri-state business owner. We are considered “Preferred Agents” for this one program that, if we can get you into, their pricing is excellent, offers long-term coverage stability, and can cover multi-state operations. The program takes the hassle out of doing annual audits, too. 

If you want to speak with us, call Gary Wallach at 914-806-5853, click here to email, or visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

email: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2024 – BGES Group

New York contractors have been feeling the squeeze of rising liability insurance costs for several years. Despite efforts to control costs, the trend of increasing premiums shows no signs of slowing down. For many contractors, this means not only higher business expenses but also difficulty staying competitive. Understanding the factors behind these rate increases and knowing what steps can be taken to mitigate them are critical for contractors looking to control their overhead.

What Is Driving Liability Rate Increases?

Several factors contribute to the rising cost of contractor liability insurance in New York. These are some of the key drivers:

1. New York Labor Laws 240 and 241 (The Scaffold Law)

New York’s Labor Laws 240 and 241, often referred to collectively as the Scaffold Law, are major contributors to increased liability insurance rates. These laws place absolute liability on contractors and property owners for gravity-related injuries, such as falls from ladders or scaffolding. The Scaffold Law makes it impossible for contractors to defend against certain types of claims, regardless of fault, which leads to costly settlements or verdicts. Insurers, in turn, factor this into the cost of providing coverage, leading to higher premiums.

2. Increased Frequency of Claims

Another factor driving up liability rates is the sheer number of claims being filed. Construction is inherently a high-risk industry, and even with strict safety protocols in place, accidents happen. New York’s busy construction market, especially in areas like Manhattan and Brooklyn, increases the likelihood of accidents, which, when coupled with laws like the Scaffold Law, result in more claims and higher payouts. Insurers pass these costs onto contractors in the form of higher premiums.

3. Rising Legal Costs

The cost of defending against liability claims has also risen. Legal fees in New York are among the highest in the country, and when insurers have to pay large sums for legal defenses, these costs contribute to rate hikes. Prolonged litigation, expert witnesses, and extensive discovery processes can turn even a simple claim into a multi-year legal battle, further driving up costs for insurers.

4. Limited Insurer Participation

New York’s complex legal environment and the frequency of high-value claims have caused some insurers to exit the market or limit their exposure. Companies like Berkshire Hathaway and State Farm have scaled back their offerings for contractors, leaving fewer insurers in the market. This lack of competition drives prices up, as fewer insurers are willing to take on the risk of insuring New York contractors.

What Can Contractors Do to Lower Their Rates?

While the factors driving rate increases may seem beyond a contractor’s control, there are proactive steps that can help reduce premiums.

1. Improve Safety Protocols

Having a robust safety program in place is essential. Insurers will often offer lower rates to contractors with strong safety records. This includes regular safety training for employees, having a full-time safety officer on-site, and maintaining detailed safety logs. By minimizing the risk of accidents, contractors can also reduce the number of claims, which will reflect positively when insurers calculate premiums.

2. Invest in Quality Equipment

Old, faulty, or poorly maintained equipment is often a source of job site injuries. Investing in high-quality, well-maintained tools, scaffolding, and protective gear can reduce the risk of accidents. A reputation for using safe, modern equipment can influence an insurer’s perception of a contractor’s risk level, potentially lowering rates.

3. Review Contracts Carefully

Contractors should ensure that their contracts with property owners, subcontractors, and other parties are structured to reduce liability exposure. This includes ensuring that appropriate indemnity clauses are in place and that subcontractors carry their own liability insurance. Additionally, requiring that subcontractors add contractors as additional insureds on their policies can protect against action over claims.

4. Shop Around for Insurance

Not all insurance providers are created equal. By working with an experienced insurance broker, contractors can shop around for better rates. A broker specializing in New York construction insurance, like BGES Group, can help contractors find coverage tailored to their specific needs and identify opportunities for savings that generalist insurers might overlook.

5. Bundle Insurance Policies

Another way to save is by bundling policies. Combining liability insurance with other coverage needs, such as workers’ compensation or commercial auto insurance, can often result in discounts. Many insurers offer multi-policy discounts, and bundling can simplify the management of policies as well.

How BGES Group Can Help Contractors Lower Their Rates

With the right partner, contractors can navigate the complex insurance landscape and find the best rates and coverage options available. BGES Group, one of New York’s construction insurance specialists, has deep expertise in helping contractors secure the liability coverage they need without breaking the bank.

BGES Group understands the unique challenges facing New York contractors, including the impact of Labor Laws 240 and 241, and works diligently to find insurers who offer competitive rates. Their personalized, boutique-like service ensures that each client receives the attention and support they deserve, from the initial quote to ongoing policy management.

Whether you’re a general contractor, a subcontractor, or a project owner, BGES Group can help you find better coverage options while keeping your costs down. Their team will review your current policies, look for potential savings, and help you implement risk management strategies to keep future rate increases in check.

To learn how BGES Group can help lower your liability insurance rates, contact Gary Wallach today at 914-806-5853 or email bgesgroup@gmail.com.

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By understanding the factors behind rising liability insurance rates and taking proactive steps to mitigate them, New York contractors can control their costs while maintaining the coverage they need. With the support of experts like BGES Group, it’s possible to stay protected without overpaying for insurance. Reach out to Gary Wallach to start exploring your options today.

BGES Group is one of New York, New Jersey, and Connecticut’s Construction Insurance Specialists representing 50+ companies, including all the BEST general & umbrella liability programs. We offer all the coverage needed, including property, builders’ risk, inland marine, general liability, umbrella liability, auto, bid & performance bonds, workers’ compensation, N.Y.S. disability, and group health.  Our commitment to you goes beyond the policies we provide. We are always just a call, text, or email away, ready to assist you, even on weekends. We understand the importance of your business and are here to help you navigate any insurance challenges.

BGES Group are Workers’ Compensation Insurance Specialists for Tri-State Business Owners: Unhappy with your rates, company, being canceled, losses causing difficulty getting coverage, in the middle of an audit dispute, misclassified payrolls, or whatever your issue. We can help!  We have special programs for Auto Services, Contractors (especially in New York), Limousine Services, Logistics Companies, Manufacturers, Recyclers, and Truckers; we can help ANY tri-state business owner. We are considered “Preferred Agents” for this one program that, if we can get you into, their pricing is excellent, offers long-term coverage stability, and can cover multi-state operations. The program takes the hassle out of doing annual audits, too. 

If you want to speak with us, call Gary Wallach at 914-806-5853, click here to email, or visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

email: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2024 – BGES Group

In the construction industry, contractor liability insurance is a crucial part of running a successful business, but in recent years, New York contractors have faced a growing challenge: rapidly rising insurance rates. With an ever-changing legal environment, increasing claims, and the growing complexity of insurance requirements, contractors need to stay proactive to avoid being blindsided by yet another rate increase. Here’s what you can do to protect your business against escalating liability insurance costs and ensure your operations remain secure and profitable.

1. Review and Update Your Current Coverage

The first step in protecting yourself is to review your current liability insurance coverage. Many contractors find themselves locked into outdated policies that no longer meet their needs. By regularly assessing your coverage, you can identify gaps or excessive coverages that could be inflating your premiums unnecessarily.

Make sure your policy includes adequate general liability and umbrella liability coverage, especially if you’re dealing with high-risk work, like roofing or demolition. At the same time, ensure that your policy doesn’t include redundant coverages that no longer apply to your operations.

2. Mitigate Risk on the Job Site

One of the best ways to protect yourself from liability rate increases is to actively reduce the risk of accidents and claims. Implementing and enforcing safety protocols on the job site can reduce the likelihood of accidents, which in turn lowers the number of claims filed. Fewer claims mean a better track record with insurance providers, which helps keep your premiums in check.

Make sure your crew is properly trained in safety procedures, and always conduct regular safety audits. Invest in quality safety equipment, and ensure that your subcontractors are properly insured and compliant with all legal requirements.

3. Consider Implementing a Return-to-Work Program

Accidents happen, but when they do, having a return-to-work program in place can help minimize the financial impact. This kind of program helps injured employees transition back to work more quickly, reducing the length and cost of workers’ compensation claims. Insurance carriers often reward businesses with such programs by offering lower premiums.

By showing your insurance provider that you’re committed to minimizing the costs of any claim, you position yourself as a lower-risk client, which can help prevent future rate increases.

4. Stay Informed About Labor Laws

Labor Laws 240 and 241, specific to New York, are some of the strictest in the country when it comes to contractor liability. These laws can make contractors liable for any injury sustained by workers on a construction site, even if the contractor wasn’t directly responsible for the incident.

Because of these laws, it’s critical to have the right type of liability insurance in place to protect yourself. Understanding these laws and ensuring your policy covers labor law claims can prevent your rates from skyrocketing in the event of an accident. Furthermore, staying informed about any updates or changes to these laws can help you make timely adjustments to your coverage.

5. Work With an Insurance Agent Who Specializes in Construction

General insurance brokers might not fully understand the unique risks that New York contractors face. To stay protected and minimize costs, you need an insurance agent who knows the ins and outs of the construction industry and can provide solutions tailored specifically to your needs.

This is where BGES Group comes in. BGES Group specializes in construction insurance, particularly for contractors operating in New York’s complex legal and regulatory environment. With their industry expertise, BGES Group can help you avoid costly coverage gaps while ensuring you’re not overpaying for unnecessary coverages.

6. Get a Backup Plan B Quote From BGES Group

It’s no secret that insurance brokers can sometimes get complacent or overlook opportunities to get you better quotes. Even if you think your current broker has things under control, it’s always a smart idea to get a backup plan B quote. If your broker misses deadlines or fails to find you competitive pricing, you could end up stuck with higher rates.

Gary Wallach at BGES Group are ready to step in if your broker falls asleep at the wheel. With his expertise in construction liability insurance, he will make sure you’re getting the best possible coverage and pricing. Plus, having a backup quote can give you leverage when negotiating with your current broker.

7. Negotiate for Better Rates

If you’ve been a loyal client to your current insurance provider, use that as a bargaining chip to negotiate for better rates. Be proactive in discussions with your broker and insurance provider, showing them that you’re actively reducing risks, staying compliant with laws, and committed to maintaining a safe work environment.

Don’t hesitate to bring up your backup quote from BGES Group during negotiations to show your broker that you’re serious about securing the best deal. Competition keeps everyone on their toes, and it can often result in better terms for you.

Protect Your Future — Contact BGES Group for a Backup Plan

Don’t wait for another liability rate increase to catch you off guard. Be proactive by reviewing your coverage, reducing risk, and seeking a second opinion on your insurance policy. Contact Gary Wallach at BGES Group today at 914-806-5853 or bgesgroup@gmail.com for a backup quote to make sure you’re not overpaying and that your business remains protected in New York’s high-stakes contracting environment.

Having BGES Group as your backup insurance plan could be the difference between another steep rate hike or staying financially stable and protected. Reach out now and safeguard your business’s future.

BGES Group is one of New York, New Jersey, and Connecticut’s Construction Insurance Specialists representing 50+ companies, including all the BEST general & umbrella liability programs. We offer all the coverage needed, including property, builders’ risk, inland marine, general liability, umbrella liability, auto, bid & performance bonds, workers’ compensation, N.Y.S. disability, and group health.  Our commitment to you goes beyond the policies we provide. We are always just a call, text, or email away, ready to assist you, even on weekends. We understand the importance of your business and are here to help you navigate any insurance challenges.

BGES Group are Workers’ Compensation Insurance Specialists for Tri-State Business Owners: Unhappy with your rates, company, being canceled, losses causing difficulty getting coverage, in the middle of an audit dispute, misclassified payrolls, or whatever your issue. We can help!  We have special programs for Auto Services, Contractors (especially in New York), Limousine Services, Logistics Companies, Manufacturers, Recyclers, and Truckers; we can help ANY tri-state business owner. We are considered “Preferred Agents” for this one program that, if we can get you into, their pricing is excellent, offers long-term coverage stability, and can cover multi-state operations. The program takes the hassle out of doing annual audits, too. 

If you want to speak with us, call Gary Wallach at 914-806-5853, click here to email, or visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

email: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2024 – BGES Group

1. Gary Wallach is a New York Construction Insurance Specialist 

With decades of experience in the industry, Gary Wallach knows the specific challenges contractors face in New York. He understands the complexities of insurance requirements, especially when it comes to construction projects in the state.

2. Access to the Best Coverage and Rates

Gary Wallach has long-standing relationships with insurance companies that offer the best coverage and pricing for New York contractors. He knows which insurers can meet your specific needs, ensuring you get the most competitive rates without sacrificing protection.

3. No Hidden Fees 

Unlike many agencies that pile on hidden fees, Gary Wallach is not a hazard to your bottom line. BGES Group is committed to transparent pricing, and Gary’s company BGES Group doesn’t charge extra hundreds/thousands in extra policy and service fees for quotes or added services which a lot of agencies now do.

4. Personalized Service – Like a Mom-and-Pop Shop 

When you call BGES Group, you get Gary directly. You’re not bounced around from person to person. Whether it’s by phone, email, or text, Gary is prompt in responding, making you feel like you’re working with a boutique agency that truly cares.

5. 44 Years of Insurance Expertise 

Many agencies hire account executives who lack experience and may only stay a few months or years before moving on. With BGES Group, you get the complete opposite. Gary Wallach brings 44 years of hands-on experience to every policy, ensuring consistency and deep knowledge of the industry.

6. Customized Insurance Solutions 

Gary doesn’t believe in one-size-fits-all insurance. He takes the time to understand your specific business operations and tailors liability coverage to fit your unique needs as a contractor.

7. Specialized in High-Risk Coverage 

If you’re a contractor working in high-risk sectors like roofing, demolition, or asbestos, Gary Wallach is your go-to expert. He knows how to navigate the complexities of obtaining proper coverage for these higher-risk trades.

8. Focus on Long-Term Relationships 

At BGES Group, the focus isn’t just on selling a policy; it’s on building long-term relationships with clients. Gary works hard to ensure that each renewal meets your evolving business needs.

9. Consistent Communication and Updates

With Gary Wallach, you’ll never be left in the dark. He keeps you informed of any changes in the insurance landscape, making sure you are always aware of opportunities to save money or improve coverage.

10. A Trusted Advisor Who Puts Your Interests First 

Gary is not just a broker; he’s a trusted advisor who puts your business’s interests at the forefront. He works tirelessly to find the best liability solutions that protect your assets and give you peace of mind.

Call Gary Wallach at 914-806-5853 or email bgesgroup@gmail.com today to discuss your renewal quotes and experience the difference BGES Group can make for your business.

BGES Group is one of New York, New Jersey, and Connecticut’s Construction Insurance Specialists representing 50+ companies, including all the BEST general & umbrella liability programs. We offer all the coverage needed, including property, builders’ risk, inland marine, general liability, umbrella liability, auto, bid & performance bonds, workers’ compensation, N.Y.S. disability, and group health.  Our commitment to you goes beyond the policies we provide. We are always just a call, text, or email away, ready to assist you, even on weekends. We understand the importance of your business and are here to help you navigate any insurance challenges.

BGES Group are Workers’ Compensation Insurance Specialists for Tri-State Business Owners: Unhappy with your rates, company, being canceled, losses causing difficulty getting coverage, in the middle of an audit dispute, misclassified payrolls, or whatever your issue. We can help!  We have special programs for Auto Services, Contractors (especially in New York), Limousine Services, Logistics Companies, Manufacturers, Recyclers, and Truckers; we can help ANY tri-state business owner. We are considered “Preferred Agents” for this one program that, if we can get you into, their pricing is excellent, offers long-term coverage stability, and can cover multi-state operations. The program takes the hassle out of doing annual audits, too. 

If you want to speak with us, call Gary Wallach at 914-806-5853, click here to email, or visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

email: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2024 – BGES Group

In today’s construction industry, insurance costs are at an all-time high. Contractors are constantly faced with the challenge of managing these expenses while ensuring their businesses are adequately protected. Liability, workers’ compensation, and business auto insurance are essential coverages, but when rates keep rising, it’s necessary to prioritize which coverages are most critical.

At BGES Group, we understand the pressure you’re under. However, it’s important to be aware of additional coverages that could make a significant difference in the event of unforeseen circumstances. If your budget allows, here are a few other types of protection you may want to consider:

1. Building and Contents Insurance & Business Interruption Coverage

This coverage ensures your physical assets—like your office, warehouse, or storage facilities—are protected in the event of damage from fire, storms, or vandalism. But equally important is business interruption coverage, which steps in to cover lost income if your operations are halted due to such events. These are particularly valuable for contractors who store expensive materials or equipment onsite. If you have extra dollars in your insurance budget, this is an area worth investing in to ensure your business can recover quickly from unexpected setbacks.

2. Equipment Coverage

Contractors rely on specialized tools and machinery to get the job done. Whether it’s excavators, cranes, or smaller but equally vital items like power drills, losing access to this equipment due to theft or damage can halt progress on your projects. Equipment coverage protects you from having to pay out-of-pocket to repair or replace costly items, ensuring that downtime is minimized.

3. Employee Tools Coverage

Your workers bring their own tools to the job site, and sometimes these tools are just as important as the equipment owned by your business. If their tools are damaged, stolen, or lost, productivity can take a hit. Employee tools coverage helps ensure that your workforce can get back to work without long delays or out-of-pocket expenses for replacements.

4. Employee Benefits Liability

Managing employee benefits is complex, and even small mistakes in handling health insurance, retirement plans, or other benefits can lead to costly lawsuits. Employee benefits liability provides coverage if claims are made against you for errors in administering your employees’ benefits. This can protect your business from significant financial losses due to oversight or miscommunication.

5. Employment Practices Liability

Workplace disputes involving harassment, discrimination, wrongful termination, or other employee-related issues can lead to expensive lawsuits. Employment practices liability insurance (EPLI) helps cover the costs of defending against these claims. With lawsuits against employers on the rise, this coverage is more critical than ever for safeguarding your business.

6. Cyber Insurance

In today’s digital age, construction companies are increasingly vulnerable to cyberattacks. Hackers may break into your computer systems, hold your data for ransom, or steal sensitive information to hack into your bank accounts or take out loans in your business’s name. Cyber insurance protects your business against these risks, covering the costs of recovering from cyberattacks and protecting your business from financial ruin.

Making Smart Choices with BGES Group

As a Tri-State contractor, your priority is to ensure you have the right coverage in place while balancing the high costs of insurance. BGES Group is here to help you navigate these choices and make the most of your insurance budget. We specialize in providing construction-specific insurance solutions, and we understand the unique risks you face.

If you’re unsure which coverages to prioritize or want to explore additional protection for your business, contact Gary Wallach at 914-806-5853 or email bgesgroup@gmail.com. Our team is here to guide you in making informed decisions to protect your business and your bottom line.

BGES Group is one of New York, New Jersey, and Connecticut’s Construction Insurance Specialists representing 50+ companies, including all the BEST general & umbrella liability programs. We offer all the coverage needed, including property, builders’ risk, inland marine, general liability, umbrella liability, auto, bid & performance bonds, workers’ compensation, N.Y.S. disability, and group health.  Our commitment to you goes beyond the policies we provide. We are always just a call, text, or email away, ready to assist you, even on weekends. We understand the importance of your business and are here to help you navigate any insurance challenges.

BGES Group are Workers’ Compensation Insurance Specialists for Tri-State Business Owners: Unhappy with your rates, company, being canceled, losses causing difficulty getting coverage, in the middle of an audit dispute, misclassified payrolls, or whatever your issue. We can help!  We have special programs for Auto Services, Contractors (especially in New York), Limousine Services, Logistics Companies, Manufacturers, Recyclers, and Truckers; we can help ANY tri-state business owner. We are considered “Preferred Agents” for this one program that, if we can get you into, their pricing is excellent, offers long-term coverage stability, and can cover multi-state operations. The program takes the hassle out of doing annual audits, too. 

If you want to speak with us, call Gary Wallach at 914-806-5853, click here to email, or visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

email: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2024 – BGES Group

As a business owner in the New York, New Jersey and Connecticut area, you’re probably feeling the pressure of rising healthcare costs. With group health insurance premiums climbing higher each year and the constant challenge of getting claims approved and paid on time, it’s clear that traditional approaches to managing employee benefits might not be the most efficient path forward. So, what can you do to ease this burden while still offering competitive benefits to your employees?

The answer might lie in an innovative solution that combines group health insurance with payroll and workers’ compensation services—something BGES Group offers. This bundled approach has the potential to save you up to 30% across the board, helping to protect your bottom line without compromising the quality of your employee benefits.

How Does BGES Group’s Offered Program Work?

The BGES Group offers a program that integrates payroll services, workers’ compensation, and group health insurance, creating a seamless, cost-effective solution for your business. Here’s how this unique approach benefits you:

1. Cost Savings: By bundling payroll, workers’ comp, and group health insurance, you can save up to 30% compared to managing these services separately. BGES Group offered program has negotiated special rates with well-known carriers, passing on those savings to you. These negotiated rates aren’t typically available to businesses when buying insurance on their own, meaning BGES Group’s offered program offers a significant financial advantage.

2. Flexible Workers’ Compensation Insurance Rates: Through partnerships with respected insurance carriers, BGES Group offered program offers flexibility in workers’ compensation rates. This allows your business to benefit from customized plans that fit your unique needs, ensuring you’re not overpaying for coverage that doesn’t serve you.

3. Group Health Insurance Savings: Group health insurance costs are notoriously difficult to control, but BGES Group’s offered program has worked out advantageous deals with large, well-established carriers. This means you’ll not only save on premiums but also experience fewer headaches when dealing with claims, thanks to their direct relationships with insurers.

Beyond Insurance: A Comprehensive Business Solution

One of the standout features of BGES Group’s offered program is the Human Resources (HR) assistance it provides. Managing HR compliance issues can be time-consuming and overwhelming, especially for small to mid-sized businesses. Through their program, BGES Group’s program offers access to HR experts who can assist with a range of compliance matters, including:

– Labor law compliance: Stay updated on the ever-changing regulations and avoid costly penalties.

– Employee onboarding: Streamline the onboarding process, ensuring that your HR systems are organized and efficient.

– Employee handbooks: Create or update employee handbooks to meet current legal standards and protect your business.

This added support means you can focus on what matters most—running your business—while BGES Group’s offered program helps manage the administrative and regulatory complexities.

Why Choose BGES Group?

With decades of industry experience, BGES Group understands the intricacies of business insurance and employee benefits better than most. Their partnerships with programs that offer top-tier carriers allow them to offer highly competitive rates while still delivering exceptional service.

Here are a few more reasons why businesses are turning to BGES Group for their insurance and payroll needs:

– Personalized Service: At BGES Group, you’re not just another client. We take the time to understand your business and customize our offerings to meet your specific needs.

– Streamlined Processes: By bundling services together, you reduce the number of vendors you need to manage, simplifying both your administrative workload and your financial commitments.

– Trustworthy Partnerships: BGES Group partners with some of the largest, most well-known insurance carriers, ensuring your business receives top-notch coverage at competitive rates.

How to Get Started

Getting started with BGES Group is easy. Whether you’re looking for a quote or just exploring your options, Gary Wallach and the team are ready to assist. All it takes is a quick consultation to discover how much you could save with their unique payroll, workers’ compensation, and group health insurance program.

Contact Gary Wallach at BGES Group today to learn more about how you can save on your group health insurance and streamline your business operations. You can reach Gary directly at 914-806-5853 or email bgesgroup@gmail.com for a no-obligation consultation.

With rising costs and an ever-changing insurance landscape, now is the time to take advantage of innovative solutions that not only provide excellent coverage but also put money back in your business’s pocket. Make the switch to BGES Group and see the difference for yourself.

BGES Group is one of New York, New Jersey, and Connecticut’s Construction Insurance Specialists representing 50+ companies, including all the BEST general & umbrella liability programs. We offer all the coverage needed, including property, builders’ risk, inland marine, general liability, umbrella liability, auto, bid & performance bonds, workers’ compensation, N.Y.S. disability, and group health.  Our commitment to you goes beyond the policies we provide. We are always just a call, text, or email away, ready to assist you, even on weekends. We understand the importance of your business and are here to help you navigate any insurance challenges.

BGES Group are Workers’ Compensation Insurance Specialists for Tri-State Business Owners: Unhappy with your rates, company, being canceled, losses causing difficulty getting coverage, in the middle of an audit dispute, misclassified payrolls, or whatever your issue. We can help!  We have special programs for Auto Services, Contractors (especially in New York), Limousine Services, Logistics Companies, Manufacturers, Recyclers, and Truckers; we can help ANY tri-state business owner. We are considered “Preferred Agents” for this one program that, if we can get you into, their pricing is excellent, offers long-term coverage stability, and can cover multi-state operations. The program takes the hassle out of doing annual audits, too. 

If you want to speak with us, call Gary Wallach at 914-806-5853, click here to email, or visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

email: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2024 – BGES Group

Liability insurance is essential for New York contractors, offering protection from legal claims and financial losses that may arise on a construction project. Two critical aspects of contractor liability insurance are Blanket Additional Insureds and Blanket Waiver of Subrogation. However, the coverage provided by these clauses can vary significantly depending on the wording of the policy forms. Understanding these differences is crucial to ensure the right protection is in place.

Blanket Additional Insureds: A Closer Look

A Blanket Additional Insured endorsement allows contractors to extend their insurance coverage to other parties involved in a project, such as general contractors (GCs), property owners, or subcontractors, without naming each one individually in the policy. This simplifies the process and reduces administrative work for contractors. However, not all blanket additional insured endorsements are created equal, and the terms of coverage depend heavily on the policy wording.

Scheduled Additional Insureds: A Common Requirement

In some insurance forms, additional insureds must be scheduled for coverage to apply. This means that simply having a contractual agreement to add someone as an additional insured isn’t enough—you must list that party explicitly on your policy. If the contractor fails to do this, the additional insured (e.g., a GC or property owner) may not be covered in the event of a claim, leaving them vulnerable to liability.

Careful management of who is listed on the policy is crucial, especially for contractors working on multiple projects with various stakeholders. If you rely on a blanket additional insured clause but forget to schedule a party, you could face a denied claim.

Privity: What It Means for Additional Insured Coverage

In some cases, the policy language may specify that only additional insureds where there is privity of contract are covered. Privity refers to the direct legal relationship between two parties, typically established through a contract. For example, if a subcontractor has a direct contract with a general contractor, there is privity between them, and the subcontractor’s insurance may cover the GC as an additional insured.

However, if a property owner is not in direct contract with the subcontractor, and there is no privity, the property owner may not be covered by the subcontractor’s policy unless explicitly stated. Understanding whether your liability insurance requires privity is essential to ensure all parties that should be covered are protected.

Forms That Don’t Require Privity: Broader Coverage Options

Not all insurance forms require privity for additional insured coverage. Some policies will provide coverage as long as the additional insured is listed in a written contract—whether that contract is between the contractor and the GC, the subcontractor, or the property owner. In these cases, privity is not necessary, which can simplify the process of ensuring coverage for all relevant parties involved in a project.

These broader forms are typically preferred because they minimize the risk of unintentionally leaving a key stakeholder uninsured. As long as there’s a written contract specifying who should be included as an additional insured, the policy will extend coverage accordingly, even if there’s no direct contract (i.e., no privity) between the insured and the additional insured.

Blanket Waiver of Subrogation: Key Considerations

A Blanket Waiver of Subrogation is another critical component of contractor liability insurance. When an insurance company pays a claim, they usually reserve the right to “subrogate,” or seek reimbursement from another party who may be responsible for the loss. However, a waiver of subrogation prevents the insurer from pursuing legal action against other parties involved in the project, like GCs or property owners.

But as with additional insured clauses, blanket waiver of subrogation forms can vary significantly in terms of who is covered. Some forms require the waiver to apply only to parties that are explicitly scheduled on the policy. Other forms may only extend the waiver to parties with privity of contract, meaning a direct contractual relationship must exist for the waiver to be effective.

Finally, there are forms that provide broader coverage, extending the waiver of subrogation to all parties mentioned in a written contract, regardless of whether they are scheduled or have privity. These forms offer greater flexibility, ensuring that all necessary parties are protected from subrogation claims as long as they are included in the contract, reducing the potential for conflicts or litigation between stakeholders.

The Importance of Proper Coverage: BGES Group Can Help

Navigating the complexities of Blanket Additional Insureds and Blanket Waiver of Subrogation can be challenging, but it’s crucial to ensure your business is fully protected. Whether your policy requires scheduling, privity, or simply a written contract, understanding the specifics of your coverage can mean the difference between a covered claim and a costly denial.

At BGES Group, we specialize in helping New York contractors secure the right liability insurance tailored to their needs. With extensive experience in the construction industry, we can help you understand your policy’s nuances, avoid common pitfalls, and ensure that your business and its stakeholders are fully protected.

Need help understanding your insurance coverage? Contact Gary Wallach at BGES Group today at 914-806-5853 or bgesgroup@gmail.com. Let us help you protect your business with the right insurance solutions tailored to New York contractors.

BGES Group is one of New York, New Jersey, and Connecticut’s Construction Insurance Specialists representing 50+ companies, including all the BEST general & umbrella liability programs. We offer all the coverage needed, including property, builders’ risk, inland marine, general liability, umbrella liability, auto, bid & performance bonds, workers’ compensation, N.Y.S. disability, and group health.  Our commitment to you goes beyond the policies we provide. We are always just a call, text, or email away, ready to assist you, even on weekends. We understand the importance of your business and are here to help you navigate any insurance challenges.

BGES Group are Workers’ Compensation Insurance Specialists for Tri-State Business Owners: Unhappy with your rates, company, being canceled, losses causing difficulty getting coverage, in the middle of an audit dispute, misclassified payrolls, or whatever your issue. We can help!  We have special programs for Auto Services, Contractors (especially in New York), Limousine Services, Logistics Companies, Manufacturers, Recyclers, and Truckers; we can help ANY tri-state business owner. We are considered “Preferred Agents” for this one program that, if we can get you into, their pricing is excellent, offers long-term coverage stability, and can cover multi-state operations. The program takes the hassle out of doing annual audits, too. 

If you want to speak with us, call Gary Wallach at 914-806-5853, click here to email, or visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

email: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2024 – BGES Group

If you’re a New York contractor, you know how burdensome annual workers’ compensation audits can be. The process is time-consuming, requires digging through financial records, and often leads to headaches as you try to ensure compliance with regulations. But what if you could simplify this process—or even avoid it altogether?

BGES Group offers specialized programs designed to help contractors streamline their operations and take the hassle out of workers’ compensation audits. These programs not only provide comprehensive workers’ compensation insurance but also come with a suite of additional services tailored to the needs of New York contractors.

What BGES Group’s Programs Offer:

– Workers’ Compensation Insurance: These programs cover your workers’ compensation insurance needs, ensuring compliance with state regulations and protecting your business and employees from potential claims.

– Payroll Services: BGES Group’s programs integrate payroll services, making it easier to manage wages and employee documentation. This integration means that much of the financial information required for audits is already captured and reported accurately.

– Group Health Coverage: You can even bundle your group health insurance under one of these programs, making it a one-stop solution for all your employee benefits needs.

– Compliance Support: The programs prepare your essential state forms, such as New York State Form 45 (Quarterly Combined Withholding, Wage Reporting, and Unemployment Insurance Return) and IRS Form 941 (Employer’s Quarterly Federal Tax Return), helping you stay on top of your reporting requirements.

– Human Resources Support: To further ease your administrative burden, these programs provide complete HR backup, assisting you with New York State laws and compliance issues. Whether you’re navigating new labor laws or dealing with employee relations, BGES Group’s resources have you covered.

Avoid Comprehensive Annual Audits

One of the standout features of these programs is how they can minimize or eliminate the need for comprehensive annual workers’ compensation audits. Since the program manages payroll and has access to most of your financial information, there’s little left to audit. Instead of a deep dive into your records, you may only need to provide a few supporting documents, such as certificates of insurance for your subcontractors.

BGES Group: Workers’ Compensation Specialists for New York Contractors

At BGES Group, we specialize in helping New York contractors with their workers’ compensation insurance needs. If you’re tired of dealing with complicated audits and compliance headaches, or if you’re encountering problems with your current coverage, we can provide the solutions you need.

Contact Gary Wallach today for more information. Call 914-806-5853 or email bgesgroup@gmail.com. Let us help you simplify your workers’ compensation and payroll processes, so you can focus on what matters most—growing your business.

BGES Group is one of New York, New Jersey, and Connecticut’s Construction Insurance Specialists representing 50+ companies, including all the BEST general & umbrella liability programs. We offer all the coverage needed, including property, builders’ risk, inland marine, general liability, umbrella liability, auto, bid & performance bonds, workers’ compensation, N.Y.S. disability, and group health.  Our commitment to you goes beyond the policies we provide. We are always just a call, text, or email away, ready to assist you, even on weekends. We understand the importance of your business and are here to help you navigate any insurance challenges.

BGES Group are Workers’ Compensation Insurance Specialists for Tri-State Business Owners: Unhappy with your rates, company, being canceled, losses causing difficulty getting coverage, in the middle of an audit dispute, misclassified payrolls, or whatever your issue. We can help!  We have special programs for Auto Services, Contractors (especially in New York), Limousine Services, Logistics Companies, Manufacturers, Recyclers, and Truckers; we can help ANY tri-state business owner. We are considered “Preferred Agents” for this one program that, if we can get you into, their pricing is excellent, offers long-term coverage stability, and can cover multi-state operations. The program takes the hassle out of doing annual audits, too. 

If you want to speak with us, call Gary Wallach at 914-806-5853, click here to email, or visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

email: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2024 – BGES Group