Navigating the world of insurance can be daunting, especially for contractors in the bustling city of New York. With its unique challenges and regulations, having the right coverage is crucial to protect your business and your peace of mind. This guide will walk you through the crucial insurance policies that every contractor in NYC should consider.1. General Liability Insurance

General liability insurance is foundational for any contractor. It protects against claims of bodily injury, property damage, and personal injury caused by your business operations. In a litigious environment like NYC, this coverage is essential to mitigate potential lawsuits. For example, imagine a passerby tripping over a piece of equipment at your worksite; general liability insurance helps cover the costs if they decide to sue for injuries. But the benefits don’t stop there; it also covers certain costs related to advertising injury, helping to defend your business reputation.

In fast-paced cities like New York, where construction projects are densely packed, the risk of accidents is higher. This makes having a strong general liability insurance even more important. With the ever-present potential for mishaps during hectic activities, general liability insurance acts as a buffer. It is an important shield that absorbs financial shocks, allowing contractors to focus on the quality and timelines of their projects without constant worry about potential legal actions.

2. Workers’ Compensation Coverage

Workers’ compensation is not only a legal requirement in NYC but also a vital protection for both employees and contractors. It covers medical expenses and lost wages for employees injured on the job, providing a safety net that benefits your workforce and business integrity. In a bustling metropolis, where construction and renovation projects run continuously, ensuring that your workforce is protected with workers’ compensation can result in more content and committed employees. This coverage demonstrates to your team that their well-being is a top priority.

Moreover, having adequate workers’ compensation coverage can shield your business from potentially crippling lawsuits. In the event of a work-related injury or illness, not only does it assist in covering medical costs, but it also supports recovery through rehabilitation funds. Offering such security helps improve employee retention and morale, essential factors in maintaining a productive workforce in a competitive market like NYC.

3. Commercial Auto Insurance

If your work requires the use of vehicles, commercial auto insurance is a must. This policy covers damages and liability costs associated with business-related vehicle use, ensuring you are protected from potential road hazards and legal claims. Whether you’re transporting materials, traveling to a client site, or simply running work-related errands, having commercial auto insurance protects your business against liability for accidents, theft, or damage.

The frenetic traffic conditions in New York can increase the risk of vehicle accidents. Having comprehensive coverage is essential to mitigate these risks. It not only covers repairs and liability costs but also helps manage the continuity of operations by covering rental expenses or replacement vehicles to keep your business moving. This level of coverage ensures minimal downtime for contractors who rely heavily on transportation for daily operations.

4. Professional Liability Insurance

Also known as errors and omissions insurance, professional liability insurance covers claims arising from errors, omissions, or negligence in professional services. For contractors providing design or consulting services, this coverage is critical to shield against professional mistakes. In NYC’s demanding construction landscape, even a small planning error can lead to substantial financial consequences. Professional liability insurance helps protect against these indirect costs, allowing you to remain focused on delivering high-quality work.

The urban complexity of projects in New York, ranging from high-rise developments to intricate renovations, elevates the potential for professional errors. These could be as simple as miscommunications, resulting in costly project delays or disputes. Professional liability insurance is your defense, potentially covering legal defense costs or financial settlements. This coverage gives credibility to contractors, enhancing trust with clients by ensuring accountability.

5. Insurance for Tools and Equipment

As a contractor, your tools and equipment are your lifeline. Insurance for tools and equipment covers loss, theft, or damage to these crucial assets, ensuring your business can continue to operate smoothly without unexpected financial burdens. In a city where construction activity is high, securing your tools can save significant costs and prevent project delays. Whether from theft or accidental damage, the coverage frees contractors from unforeseen troubles and provides peace of mind in the event of such occurrences.

Consider it an investment in business stability. By insuring tools and equipment, contractors maintain a competitive advantage by avoiding downtime due to unexpected losses. It allows you to quickly replace lost or damaged items, keeping projects moving forward without disruption. Additionally, with the pace of demand in NYC, speedy replacements covered by insurance can be crucial in meeting tight timelines and maintaining client satisfaction.

6. Builders Risk Insurance

Builders risk insurance is essential for contractors involved in construction or renovation projects. It covers buildings and materials under construction, protecting against various risks such as fire, vandalism, or severe weather during the course of the project. This insurance is particularly pertinent in NYC, where construction sites are often exposed to environmental elements and high foot traffic, increasing vulnerability to damages.

A strong builders risk policy can act as a safety net, covering not just the structure but also construction materials and equipment. By providing financial protection against unforeseen losses, it can mitigate the impact of delay costs and keep projects on schedule despite the unexpected. Contractors benefit from peace of mind, knowing their valuable assets are protected from numerous potential mishaps that could otherwise derail their efforts and financial stability.

7. Umbrella Insurance

Umbrella insurance provides an additional layer of protection for contractors by offering extra coverage beyond the limits of your existing liability policies. This is particularly beneficial in NYC, where claims may exceed standard policy limits due to higher cost structures. For contractors, this means added protection against catastrophic claims, ensuring that their business does not face insurmountable financial struggles from one unexpected event.

The unpredictable nature of New York requires contractors to prepare for a wide range of scenarios. While your standard policies provide a solid foundation, umbrella insurance extends beyond that scope, helping to manage substantial claims and legal fees. By supplementing your existing coverage, umbrella insurance offers contractors another layer of peace of mind, empowering them to operate confidently amidst the city’s vibrant but unpredictable landscape.

8. Pollution Liability Insurance

Contractors dealing with hazardous substances should consider pollution liability insurance. This specialized coverage addresses claims related to pollution incidents, helping to mitigate environmental risks and financial impacts. In a city as vast and bustling as NYC, the potential for pollution incidents during construction projects increases, making this coverage especially relevant for projects involving demolition, heavy equipment, or chemical use.

Pollution liability insurance isn’t just a safeguard against legal claims; it’s a proactive approach to responsible contracting. It covers clean-up costs and damages, demonstrating a commitment to environmental stewardship. Contractors with this coverage showcase their commitment to minimizing environmental harm and highlight their contributions towards maintaining urban sustainability while safeguarding their financial interests.

9. Cyber Liability Insurance

In today’s digital age, cyber liability insurance protects contractors from data breaches and cyberattacks. This coverage is vital for any business that handles client data, ensuring that you are prepared for the evolving landscape of digital threats. As contractors increasingly rely on technology for project management and communications, the risk of cyber incidents intensifies, necessitating a robust cyber liability policy.

Modern contractors often store sensitive project and client information digitally, making them vulnerable to cyberattacks. Cyber liability insurance can help cover the costs associated with a breach, such as notification expenses, credit monitoring, fines, or legal fees. It helps contractors restore their credibility and financial standing post-incident, ensuring that business operations and customer trust remain intact.

10. Business Interruption Insurance

Business interruption insurance helps contractors recover lost income and operating expenses during covered events that disrupt their business operations. This insurance is invaluable in maintaining financial stability through unforeseen disruptions. In a dynamic environment like NYC, where scenarios like natural disasters or unexpected city regulations could halt operations, having business interruption insurance supports sustained growth and recovery.

For contractors, continuity is key, and unexpected interruptions can pose significant challenges. Business interruption insurance cushions the blow by covering ongoing expenses like payroll and rent, ensuring businesses can weather the storm without overwhelming financial distress. With this coverage, contractors can continue operations seamlessly after disruptions, minimizing impact on clients and projects.

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 – 2025 – BGES Group
 

Workers’ compensation insurance is one of the most critical coverages for any business in New York, New Jersey, and Connecticut. It protects your employees in case of injuries and ensures compliance with state laws. However, many business owners find themselves frustrated and dissatisfied with their workers’ comp policy or their insurance broker.

If you’re feeling stuck in a policy that no longer works for you or dealing with a broker who isn’t meeting your expectations, you’re not alone. Here are 10 common reasons why business owners become unhappy with their workers’ compensation insurance—and how BGES Group, a workers’ comp specialist, can help you find a better solution.

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1. Premiums Keep Going Up with No Explanation

Workers’ compensation rates are affected by several factors, but if your premiums keep rising with little to no explanation from your broker, it’s a red flag. Some brokers fail to proactively manage your policy, missing opportunities to lower your costs.

At BGES Group, we specialize in helping businesses find better pricing and control their costs through expert risk management and aggressive policy negotiation.

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2. Poor Claims Handling Leading to Higher Costs

A single mismanaged claim can lead to increased premiums, a damaged experience modification rate (EMR), and even legal headaches. If your current insurance provider is slow to respond, denies legitimate claims, or doesn’t fight fraudulent ones, it’s time to look elsewhere.

We work with top-tier carriers who prioritize efficient claims management, reducing your costs and keeping your business protected.

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3. Lack of Communication from Your Broker

Many business owners complain that once they sign up for a policy, their broker disappears. If you’re struggling to get a call back, can’t get clear answers, or feel like your broker isn’t advocating for you, that’s a problem.

BGES Group takes a hands-on approach. We stay in touch year-round, reviewing your policy and making proactive recommendations so you’re never left in the dark.

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4. Being Stuck in the Assigned Risk Pool

If your business has been classified as high-risk and placed in the assigned risk pool, you’re likely overpaying for coverage. Many brokers won’t take the time to help businesses transition out of these costly policies.

We have strategies to help businesses qualify for lower-cost plans and move out of the assigned risk pool, saving you thousands of dollars.

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5. Misclassification of Employees Raising Your Costs

Insurance companies categorize employees into different risk classes, and if your employees are misclassified, you could be paying significantly more than necessary. Unfortunately, many brokers fail to audit these classifications, leading to costly mistakes.

At BGES Group, we carefully review your classifications, ensuring you’re not overpaying due to simple errors.

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6. No Help with Safety and Risk Management

Many business owners want to improve workplace safety to reduce claims and lower costs, but their broker offers no guidance. A good workers’ comp specialist should help implement safety programs that reduce injuries and claims.

We offer customized risk management solutions to help lower your workers’ comp expenses and keep your employees safe.

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7. No Support During an Audit

Workers’ comp audits can be stressful, especially if you’re unprepared. Some brokers disappear when audit season rolls around, leaving you scrambling to provide records and potentially facing unexpected costs.

We guide you through the audit process, ensuring everything is accurate and working to minimize your premium adjustments.

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8. Not Enough Carrier Options

Some brokers work with a limited number of insurance carriers, meaning they can’t always find you the best deal. If you feel like your options are limited, you could be missing out on better coverage at a lower price.

At BGES Group, we have access to a wide range of top-tier carriers, giving us the flexibility to find you the best policy at the best rate.

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9. Failure to Fight Fraudulent Claims

Workers’ comp fraud is a significant issue that can drive up costs. If your broker isn’t actively working to prevent and fight fraudulent claims, you’re left paying the price.

We take a proactive approach to fraud prevention, ensuring only legitimate claims are paid and helping you reduce unnecessary expenses.

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10. No Personalized Service or Industry Expertise

Every business has unique workers’ compensation needs. If your broker takes a one-size-fits-all approach, they’re likely missing key ways to save you money and protect your business.

At BGES Group, we specialize in workers’ compensation. We tailor policies specifically to your industry and business size, ensuring you have the best possible coverage.

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Unhappy with Your Workers’ Comp Insurance? Let BGES Group Help!

If you’re dealing with any of these issues, it’s time to find a better solution. BGES Group specializes in workers’ compensation insurance, helping business owners in New York, New Jersey, and Connecticut find the best policies at the most competitive rates.

We take a hands-on, proactive approach, ensuring you receive better pricing, superior claims management, and expert risk control strategies. Don’t let an outdated policy or an unresponsive broker cost you thousands of dollars.

Contact BGES Group Today!

If you’re ready to explore better options for your workers’ compensation insurance, reach out to us today.

• Contact: Gary Wallach

• Phone: 914-806-5853

• Email: bgesgroup@gmail.com

• Website: www.bgesgroup.com

Don’t settle for poor service or overpriced coverage. Call BGES Group today and let us help you find a better workers’ comp solution!

Workers’ compensation insurance is a necessity for contractors in New York, New Jersey, and Connecticut. It protects your business from costly claims while ensuring injured workers receive the benefits they need. However, not all workers’ compensation providers are the same. Many contractors eventually realize their current insurance company isn’t meeting their needs and start looking for a better option.

If you’re considering switching, you’re not alone. Below are the 10 main reasons why Tri-State contractors change workers’ compensation insurance providers.

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1. High Premiums

One of the most common reasons contractors switch workers’ comp providers is the high cost of premiums. Contractors in the construction industry already face higher-than-average rates due to the physical risks associated with their work. However, some insurance companies charge more than necessary, taking advantage of contractors who may not shop around for better deals.

Solution: Working with a workers’ comp specialist like BGES Group can help you find lower-cost policies that still provide strong coverage.

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2. Poor Customer Service

When a workers’ comp issue arises, you need an insurance company that responds quickly and helps resolve problems efficiently. Unfortunately, many contractors deal with providers who are slow to answer calls, dismiss concerns, or provide little assistance when claims or billing questions arise.

Solution: Switching to a company with a reputation for excellent customer service can make a huge difference in how smoothly your policy operates.

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3. Claim Denials and Delays

One of the biggest frustrations for contractors is dealing with an insurance company that frequently denies or delays claims. When a valid workers’ compensation claim is delayed, it can cause financial stress for employees and create liability concerns for employers.

Solution: Contractors who experience frequent claim denials or long processing times should consider switching to a company known for fair and efficient claims handling.

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4. Frequent Audits and Unexpected Charges

Annual workers’ compensation audits are standard practice, but some insurance companies conduct aggressive audits that lead to unexpected charges. Many contractors get hit with unexpected premium increases or retroactive billing adjustments they weren’t prepared for.

Solution: Choosing an insurance provider with fair audit practices can help you avoid unnecessary financial surprises.

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5. Misclassification of Employees

Insurance companies use classification codes to determine workers’ compensation rates. If your employees are misclassified in high-risk categories, your premiums could be much higher than they should be. Some insurers don’t take the time to properly classify workers, resulting in overcharges.

Solution: A workers’ compensation specialist like BGES Group can help review your classifications and ensure you’re not overpaying due to errors.

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6. Inflexible Payment Plans

Cash flow is always a concern for contractors, especially those working on a project-by-project basis. Some insurance providers require large upfront payments or rigid billing schedules that don’t align with a contractor’s financial cycle.

Solution: Switching to an insurer that offers more flexible payment plans, such as pay-as-you-go options, can help ease financial strain.

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7. Poor Safety Support and Risk Management Resources

Many insurance companies provide contractors with risk management tools and safety programs designed to prevent workplace injuries. However, some providers offer little to no safety support, leaving contractors on their own to reduce risks and lower claims.

Solution: Finding an insurer that provides strong safety programs and guidance can help reduce workplace accidents and lower long-term workers’ compensation costs.

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8. Insurance Carrier Is No Longer Competitive

Over time, some insurance carriers become less competitive. Maybe they started with great rates but have gradually increased premiums. Or perhaps they once had strong claims support, but service has declined over the years. If your insurer isn’t keeping up with industry standards, you could be overpaying or receiving subpar service.

Solution: Regularly reviewing your policy and comparing it to other options ensures you’re always getting the best deal.

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9. Industry-Specific Coverage Needs

Not all workers’ comp policies are created equal. Some insurance companies offer basic coverage that might not fully address the specific needs of contractors. Whether it’s coverage for specific job-site risks, additional protection for certain trades, or better return-to-work programs, contractors often find that their current policy lacks essential benefits.

Solution: Switching to an insurer that understands the unique risks of your trade ensures you have the right level of protection.

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10. Better Alternatives Are Available

At the end of the day, many contractors switch simply because they find a better deal elsewhere. Whether it’s lower premiums, better customer service, or more comprehensive coverage, there’s always an opportunity to improve your workers’ compensation insurance situation.

Solution: Working with a workers’ comp specialist like BGES Group can help you identify and transition to a better provider with minimal hassle.

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BGES Group: Your Workers’ Compensation Specialists

If you’re a Tri-State contractor considering switching workers’ compensation insurance companies, BGES Group can help. We specialize in workers’ comp insurance and have deep expertise in helping contractors find the best policies for their needs. Whether you’re dealing with high costs, poor service, or claims issues, we can guide you to a better solution.

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Contact BGES Group Today

• Contact: Gary Wallach

• Phone: 914-806-5853

• Email: bgesgroup@gmail.com

• Website: www.bgesgroup.com

Switching workers’ compensation insurance doesn’t have to be stressful. Let BGES Group find you the right policy at the best price. Contact us today for a consultation!

If you’re a business owner in the Tri-State area and struggling with your workers’ compensation coverage, you’re not alone. Many companies face challenges such as high premiums, complicated audits, or even non-renewals due to claims history. The good news? BGES Group specializes in providing tailored workers’ compensation plans that fit your business needs—no matter your industry or risk level.

We offer multiple solutions, from guaranteed cost plans to specialized programs for high-risk contractors. Whether you’re a small business looking for an affordable start or a large company needing stability, we have a plan for you. Let’s explore the options:

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1. Guaranteed Cost Workers’ Compensation Plan

For small to mid-sized businesses looking for a flexible and affordable way to maintain workers’ compensation insurance, this plan is a great option. Here’s how it works:

• Start your policy with as little as $200 down.

• Each month, go online, report your past month’s payroll, and pay accordingly.

• No surprises—your premiums are predictable and based on actual payroll.

This plan is ideal for businesses that prefer straightforward budgeting and an easy payment structure. There’s no large upfront deposit, making it an excellent choice for businesses managing cash flow carefully.

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2. Payroll Workers’ Compensation Plan

This plan is designed for established businesses with at least three years in operation and an annual payroll of $100,000 or more. The biggest advantage? You own your own insurance company, giving you greater control over coverage, rates, and risk management.

Why Choose This Plan?

• Higher-risk contractors such as roofers or demolition companies can secure coverage.

• Simplified audits reduce administrative headaches.

• Stable coverage—no sudden premium hikes or unexpected cancellations.

• Competitive rates that help keep insurance costs manageable.

• Instant certificates—get them in minutes or generate your own online.

If you’ve been frustrated with expensive policies, aggressive audits, or coverage denials, this plan could be the game-changer your business needs.

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3. Professional Employer Organization (PEO) Workers’ Compensation Plan

Have you had gaps in coverage or suffered a bad run of losses? Many traditional insurance companies will decline businesses with poor claims history. Our PEO plan can help you get back on track.

Key Benefits of a PEO Plan:

• Coverage stability—avoid being dropped due to losses.

• Competitive rates that help you control costs.

• HR support—back-office assistance for managing employees, payroll, and compliance.

• Group health insurance—some of our plans allow you to bundle health benefits with your workers’ compensation.

This option is perfect for businesses looking for a comprehensive solution that includes HR support while securing workers’ compensation coverage without the hassle of high-risk penalties.

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4. State or Assigned Risk Workers’ Compensation Plan

Some businesses—especially high-risk contractors—struggle to find coverage through traditional providers. Whether you have coverage gaps, bad losses, or operate in a hazardous industry, we can help.

Who Is This Plan For?

• Contractors with coverage gaps due to past non-renewals.

• Businesses with poor claims history that need a second chance.

• High-risk industries, including asbestos removal, roofing, and demolition.

With access to state-assigned risk programs, BGES Group can secure a workers’ compensation policy for nearly any type of business, ensuring compliance with state laws and protecting your workers.

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Why Choose BGES Group?

At BGES Group, we specialize in workers’ compensation coverage for businesses in the Tri-State area. Whether you’re a contractor, small business owner, or high-risk employer, we offer tailored solutions to keep your business protected and compliant.

What We Offer:

✔ Multiple workers’ compensation insurance options to fit your needs.

✔ Flexible payment plans that make coverage affordable.

✔ Coverage for high-risk contractors—even if you’ve been denied elsewhere.

✔ Instant certificates—no waiting for days to get the documents you need.

✔ Exceptional customer service—we make the process smooth and hassle-free.

If you’re tired of overpriced premiums, frustrating audits, or coverage uncertainties, let’s talk. We’ll find the best plan for your business—one that offers stability, affordability, and the protection your workers need.

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Contact BGES Group Today

Let’s find the right workers’ compensation plan for your business. Call or email us today to discuss your options.

📞 Gary Wallach: 914-806-5853

📧 bgesgroup@gmail.com

🌐 www.bgesgroup.com

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If you’re a business owner looking for workers’ compensation insurance, don’t settle for a policy that doesn’t work for you. BGES Group has the solutions you need to keep your employees safe and your business running smoothly. Reach out today!

Workers compensation insurance is essential for contractors, providing coverage for workplace injuries and ensuring compliance with state laws. However, insurance companies often hesitate to insure contractors who subcontract most of their work. This reluctance stems from several risk factors, compliance concerns, and fraud potential that can arise when a business primarily relies on subcontractors rather than direct employees.

In this article, we’ll explore why workers compensation carriers are cautious about insuring these types of businesses, the challenges contractors face when securing coverage, and how BGES Group, a leading specialist in workers compensation insurance, can help contractors navigate these issues.

The Risk Factors Insurance Companies Consider

Insurance companies assess risk based on factors like payroll, employee classifications, and claim history. When a contractor subcontracts most of their work, it introduces uncertainties that make insurers uneasy. Here are some key concerns:

1. Lack of Payroll for Premium Calculations

Workers compensation insurance premiums are typically based on payroll. When a contractor subs out most of the work, their payroll appears artificially low, making it difficult for insurers to assess the true level of risk. Since subcontractors aren’t covered under the contractor’s policy, insurers worry that claims could arise from unreported workers.

2. Misclassification of Workers

One of the biggest concerns for insurance companies is whether the subcontractors are truly independent or should be classified as employees. Many contractors misclassify workers to avoid paying payroll taxes and workers compensation premiums. If an insurance audit or government investigation determines that subcontractors should be classified as employees, the contractor could face significant penalties, back premiums, and potential fraud accusations.

3. Increased Exposure to Uninsured Subcontractors

A major issue arises when subcontractors do not carry their own workers compensation insurance. If an uninsured subcontractor gets injured on the job, they may file a claim against the general contractor’s policy. This increases claims frequency, driving up costs and making the contractor a high-risk policyholder in the eyes of insurers.

4. Potential for Claims Leakage

When contractors work with numerous subcontractors, claims can become complicated. If an injury occurs, there may be disputes about which company is responsible. This can lead to workers compensation claims being incorrectly filed under the general contractor’s policy, increasing their loss ratio and making them less attractive to insurers.

5. Fraud and Abuse Risks

The potential for fraudulent claims rises when a contractor frequently subs out work. Some contractors may try to hide payroll by running it through subcontractors who don’t have legitimate business structures. Others may attempt to manipulate coverage by falsely reporting the nature of their operations to secure lower premiums. These risks make insurers wary of providing coverage.

Why Contractors Struggle to Get Coverage

Given these risks, many contractors who heavily subcontract their work struggle to obtain affordable workers compensation insurance. Some face policy cancellations, non-renewals, or exorbitant premium increases after an audit reveals excessive subcontracting. Others are outright denied coverage when seeking a new policy.

In states like New Jersey and Connecticut, regulations surrounding subcontractor insurance coverage can be strict. Many contractors find themselves in a difficult position—needing coverage to stay compliant but struggling to meet insurance companies’ requirements.

How BGES Group Can Help

If you’re a contractor facing challenges obtaining or maintaining workers compensation insurance, BGES Group is here to help. As one of the Tri-State’s leading workers compensation specialists, they have extensive experience assisting contractors in securing coverage—even those with significant subcontractor exposure.

1. Expertise in Workers Compensation Insurance

BGES Group specializes in helping contractors find the right workers compensation policy to meet their needs. They work with insurance carriers that understand the unique challenges contractors face and can provide solutions tailored to your business model.

2. Assistance with Compliance and Risk Management

If your workers compensation policy has been flagged due to subcontracting concerns, BGES Group can help you develop a strategy to remain compliant. They assist contractors with:

• Ensuring subcontractors carry their own workers compensation coverage

• Understanding classification codes and proper payroll reporting

• Reducing risk through effective safety programs

3. Access to Multiple Insurance Markets

Many insurance brokers have limited access to carriers willing to insure high-subcontractor contractors. BGES Group has relationships with multiple insurance companies, allowing them to find policies that fit your specific needs—even if you’ve been previously declined.

4. Help with Audits and Disputes

If you’ve received an unfavorable audit result due to your subcontracting practices, BGES Group can help you navigate the process, dispute inaccurate findings, and negotiate with your insurance carrier to avoid unnecessary premium hikes.

5. Fast and Reliable Service

Time is money in the construction industry, and contractors can’t afford delays in obtaining coverage. BGES Group prioritizes quick, efficient service, helping you get insured so you can continue working without disruption.

Need Workers Compensation Insurance? Contact BGES Group Today!

If you’re a contractor struggling with workers compensation insurance due to subcontracting issues, BGES Group is your go-to resource. They specialize in securing coverage for contractors in New Jersey, Connecticut, and beyond, ensuring you get the protection you need at competitive rates.

Contact Information:

• Gary Wallach

• Phone: 914-806-5853

• Email: bgesgroup@gmail.com

• Website: www.bgesgroup.com

Don’t let insurance companies dictate your business’s future. Contact BGES Group today and get the coverage you need to stay compliant and protected!

If you’re a contractor in the Tri-State area (NY, NJ, CT), securing the right workers’ compensation coverage is critical. Whether you’re a small startup or a well-established company, having the right plan ensures compliance with state laws, protects your employees, and keeps your business running smoothly.

At BGES Group, we specialize in providing workers’ compensation insurance for all types of contractors. Whether you’re in construction, roofing, demolition, or another high-risk trade, we offer tailored solutions that provide stability, competitive rates, and simplified management.

Here’s a breakdown of the different workers’ compensation plans we offer to help you choose the best fit for your business.

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1. Guaranteed Cost Plan – Start Your Policy for as Little as $200

For contractors looking for a simple, pay-as-you-go solution, our Guaranteed Cost Plan is an excellent option. This plan offers:

• Low initial payment – Start your policy for as little as $200.

• Monthly payroll reporting – Go online each month, report your payroll, and pay based on actual wages.

• Predictable costs – Your premium is set based on your payroll, ensuring no surprises at year-end.

• Easy compliance – Stay covered without large upfront costs or complex audits.

This plan is ideal for newer contractors (must be in business at least 2 years) or those who prefer a straightforward, no-hassle approach to workers’ compensation coverage.

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2. Payroll Workers’ Compensation Plan – Ideal for Established Businesses

If you’ve been in business for at least three years and have a payroll of $100,000 or more, our Payroll Workers’ Compensation Plan could be the perfect fit. This plan provides:

• Access to higher-risk industries – We own our own insurance company, which allows us to insure high-risk contractors such as roofers and demolition companies.

• Simplified audits – Eliminate the stress of traditional year-end audits.

• Coverage stability – Consistent protection even in higher-risk industries.

• Competitive rates – Get the best pricing based on your company’s payroll.

• Instant certificates – Get certificates issued in minutes, or generate them yourself online.

For contractors in roofing, demolition, or other high-risk trades, this plan ensures workers’ compensation protection without excessive costs or coverage gaps.

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3. Professional Employer Organization (PEO) Plan – Perfect for Contractors with Coverage Gaps

Have you had a lapse in coverage or experienced losses that make finding affordable insurance difficult? Our Professional Employer Organization (PEO) Plan can help. Benefits include:

• Guaranteed coverage stability – Even if you’ve had prior coverage gaps or high losses.

• Competitive rates – Get affordable rates despite past claims history.

• Human Resources support – Gain access to a full back-office HR team to help manage employees.

• Group health insurance – Some plans offer the ability to purchase group health coverage for your employees.

If you’ve had trouble securing workers’ compensation insurance in the past, this plan provides a reliable solution while also improving your business operations.

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4. State or Assigned Risk Plan – Covering All Contractors, No Matter the Risk

For contractors who struggle to find coverage elsewhere, the State or Assigned Risk Plan ensures that you’re protected, regardless of your risk level. This plan is designed for:

• High-risk contractors – We cover trades like asbestos removal, demolition, and other hazardous industries.

• Contractors with gaps in coverage – If you’ve had lapsed insurance, we can help.

• Businesses with poor loss history – Even if you’ve had frequent claims, we can find a plan for you.

No matter how difficult your situation may seem, BGES Group can secure the right workers’ compensation insurance for your business.

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Why Choose BGES Group for Your Workers’ Compensation Needs?

At BGES Group, we specialize in workers’ compensation insurance for Tri-State contractors. Here’s what sets us apart:

✔ Industry Expertise – With decades of experience, we understand the unique risks contractors face.

✔ Multiple Coverage Options – We provide plans for businesses of all sizes and risk levels.

✔ Fast & Easy Process – Get covered quickly with minimal paperwork.

✔ Competitive Pricing – We work hard to find the most cost-effective solutions for you.

✔ Personalized Service – Work with a team that understands your business and is committed to your success.

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Get a Workers’ Compensation Plan That Works for You

Finding the right workers’ compensation plan doesn’t have to be stressful. Whether you’re a small contractor looking for an affordable startup option or a large company needing coverage for high-risk jobs, BGES Group has a plan for you.

Contact BGES Group Today

📞 Call: Gary Wallach at 914-806-5853

📧 Email: bgesgroup@gmail.com

🌐 Visit Our Website: www.bgesgroup.com

Let BGES Group take the hassle out of workers’ compensation insurance so you can focus on growing your business!

Navigating the world of workers’ compensation insurance in New York can seem daunting, but don’t worry. We’ve got you covered! In this friendly guide, we’ll break down the basic requirements and key details you need to know to ensure compliance and proper coverage for your business and employees.Who Needs Workers’ Compensation Insurance in New York?

In New York, most businesses are required to carry workers’ compensation insurance if they have employees. This includes full-time, part-time, and even family members who work for the business. Certain exceptions apply, but it’s important to ensure you’re following state laws.

It’s worth noting that even non-profit organizations are not exempt from these requirements. If you employ even one person, you must have coverage. Volunteer workers, however, may not need to be covered, but this can vary based on specific situations. Consulting with a knowledgeable expert can help clarify these nuances for your business.

What Are the Coverage Requirements?

The insurance must cover medical treatment, rehabilitation, and lost wages for employees who are injured or become ill due to their job. Coverage includes both permanent and temporary disabilities. Make sure your policy provides adequate protection based on your industry and business activities.

Another crucial aspect to remember is that coverage should extend to occupational diseases as well. This means if an employee develops a health condition over time due to their work environment or tasks, they are still entitled to the benefits. Proper documentation and timely reporting of injuries play a significant role in the claimant’s ability to receive their entitled benefits.

How to Obtain Workers’ Compensation Insurance

Businesses can acquire workers’ compensation insurance through private insurance carriers, the New York State Insurance Fund (NYSIF), or by becoming self-insured if they meet certain criteria. Shop around for the best rates and policies that suit your business needs.

Opting for self-insurance can be a viable option for larger businesses with substantial financial backing. However, this requires meeting NY state criteria and often involves a security deposit to cover potential claims. Engaging with an experienced insurance advisor can help determine whether this option aligns with your company’s financial strategy.

What Are the Penalties for Non-Compliance?

Failure to secure workers’ compensation insurance in New York can result in severe fines, penalties, and even criminal charges. The state enforces strict compliance, and penalties can include closing of your business until you meet all legal requirements.

Beyond the immediate financial repercussions, the reputational damage from non-compliance can have lasting effects. Customers and partners may see an uninsured employer as irresponsible or risky to engage with. Being proactive in maintaining compliance is not just a legal requirement—it’s a best practice that supports business sustainability.

Where to Find More Information

For further details, employers can access resources from the New York State Workers’ Compensation Board website. It offers comprehensive guides and support to help you navigate insurance requirements and stay compliant.

Additionally, joining industry-specific forums and networking with other business owners can provide practical insights and shared experiences. Engaging with local business associations can also be valuable, as they often host seminars and workshops on compliance matters. Taking advantage of these resources can help ensure your business remains informed and compliant.

Stay Compliant and Protected

Understanding the requirements for workers’ compensation insurance in New York is crucial for both employers and employees. By ensuring compliance with state laws, businesses can protect themselves and their employees from financial hardships resulting from work-related injuries. Remember, keeping informed and up-to-date with regulations can make all the difference in being prepared. To learn more and get personalized assistance, visit our homepage for expert guidance.

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 – 2025 – BGES Group
 

If your workers’ compensation insurance is being canceled, it’s crucial to understand why and take action quickly to secure new coverage. Here are ten common reasons why a company’s workers’ compensation insurance might be canceled:

1. Non-Payment of Premiums

Failing to pay insurance premiums on time is one of the most common reasons for policy cancellation.

2. Material Misrepresentation

Providing false or misleading information during the application process can lead to immediate cancellation.

3. Failure to Submit to Audits

Not complying with mandatory insurance audits may result in policy termination.

4. Significant Increase in Claims

A substantial rise in the number or severity of claims may prompt insurers to reassess and potentially cancel coverage.

5. High-Risk Operations

Engaging in excessively hazardous activities beyond the agreed terms can lead to cancellation.

6. Changes in Business Operations

If you alter the nature of your business without notifying your insurer, your policy may be at risk.

7. Non-Compliance with Safety Regulations

Failing to follow mandated safety protocols can jeopardize your coverage.

8. Ownership or Structural Changes

Mergers, acquisitions, or significant company structure changes without proper notification can impact your policy.

9. Policy Term Completion

Policies purchased for specific projects may naturally expire once the project is completed.

10. Insurer’s Business Decisions

Sometimes, insurers choose to cancel policies based on internal assessments or strategic shifts.

Need New Coverage? BGES Group Can Help!

If your workers’ compensation insurance has been canceled, BGES Group can assist in securing new coverage. They specialize in workers’ compensation insurance and serve businesses in New York, New Jersey, and Connecticut, with an affiliate network covering the rest of the country.

Services Offered by BGES Group:

• Workers’ Compensation Insurance – Access to over 15 insurance companies to market your account, ensuring competitive pricing.

• General Liability and Umbrella Liability Insurance – Comprehensive coverage tailored to your business needs.

• Commercial Auto Insurance – Protection for your business vehicles.

• Builder’s Risk and Equipment Coverage – Safeguarding your projects and equipment.

• Group Health Insurance – Competitive rates with extensive provider networks.

• Payroll Services – Streamlined payroll solutions to fit your business.

BGES Group takes a personalized approach to client service, treating every business like family and ensuring prompt attention to insurance needs.

Contact BGES Group Today!

• Phone: 914-806-5853 – Gary Wallach

• Email: bgesgroup@gmail.com

• Website: www.bgesgroup.com

For expert assistance with your workers’ compensation insurance, reach out to Gary Wallach at BGES Group. With nearly five decades of experience and a commitment to excellent service, they are ready to help you navigate your insurance challenges.

Running a roofing business comes with its fair share of challenges. Whether you’re working on residential or commercial projects, ensuring the safety and protection of your employees should be a top priority. One essential component of protecting your business and workers is having the right workers compensation insurance in place. If you’re a roofing contractor operating in New York, New Jersey, or Connecticut, finding a reliable and cost-effective insurance program is crucial.

Why Roofers Need the Right Workers Compensation Insurance

Roofing is inherently a high-risk job, making workers compensation insurance a necessity rather than an option. Without proper coverage, your business could be financially liable for injuries, medical expenses, and lost wages. A tailored workers compensation insurance program ensures that your employees receive the benefits they need while protecting your company from costly claims and legal liabilities.

If you’re looking for a program that meets the specific needs of roofing contractors, BGES Group offers a specialized roofers workers compensation insurance program designed for businesses in New York (NY), New Jersey (NJ), and Connecticut (CT).

Program Requirements

To qualify for this exclusive roofers workers compensation insurance program, your business must meet the following criteria:

• Have at least five years or more of experience in the roofing industry.
• Maintain an annual payroll of $100,000 or more.
• Employ W2 employees (no 1099 contractors).
• Have a decent loss experience, demonstrating a commitment to workplace safety and risk management.

If your business meets these requirements, you can access a program that provides superior protection, competitive pricing, and exceptional customer service.

What This Workers Compensation Insurance Program Offers

Choosing the right workers compensation insurance program means more than just meeting state requirements. You need a policy that ensures long-term stability and coverage tailored to your industry. Here’s what you can expect from this specialized program:

1. Competitive Rates

Roofing businesses often struggle with high insurance costs due to the risks associated with the job. This program offers competitive rates, ensuring that you get the best possible price without sacrificing coverage.

2. Coverage Stability

Insurance costs and coverage terms can fluctuate, but this program provides long-term stability so you don’t have to worry about unexpected premium hikes or policy cancellations.

3. The Right Coverage

Every roofing company needs a policy tailored to their operations. This program ensures that you receive comprehensive coverage that meets the legal and safety requirements specific to your trade.

4. Simple Audits

Insurance audits can be a hassle. With this program, audits are straightforward, reducing the administrative burden on your business so you can focus on what you do best—roofing.

5. Multi-State Coverage

Many roofing contractors operate in multiple states, requiring insurance that extends beyond a single region. This program offers coverage across different states, ensuring seamless protection for your workforce no matter where they are working.

6. Fast Certificate Turnaround

Need proof of insurance quickly? With this program, certificates are processed within minutes, allowing you to move forward with jobs and contracts without delay.

Why Choose BGES Group for Your Roofing Insurance Needs?

When it comes to securing the right roofers workers compensation insurance, partnering with a knowledgeable and experienced agency is key. BGES Group specializes in contractor insurance, with a focus on helping roofing businesses in New York (NY), New Jersey (NJ), and Connecticut (CT) get the best coverage at competitive rates.

BGES Group – Your Trusted Insurance Partner

BGES Group is a New York-based insurance agency that has been providing top-tier insurance solutions for contractors for years. They understand the unique challenges that roofing businesses face and are committed to delivering customized insurance solutions that offer protection and peace of mind.

What Sets BGES Group Apart?

• Expertise in contractor insurance with a focus on roofers.
• Deep understanding of state regulations in NY, NJ, and CT.
• Access to top-rated insurance carriers offering specialized workers compensation programs.
• Personalized service with a hands-on approach to risk management.
• Quick and hassle-free insurance processes, including certificate issuance within minutes.

With BGES Group, you get more than just an insurance policy—you get a dedicated partner who is committed to helping your business thrive while staying compliant with industry regulations.

Contact BGES Group Today!

If you’re a roofing contractor in NY, NJ, or CT looking for the best workers compensation insurance, look no further than BGES Group. They are here to help you find the right coverage at the best possible rate.

Contact Information:

• Gary Wallach
• Phone: 914-806-5853
• Email: bgesgroup@gmail.com
• Website: www.bgesgroup.com

Protect your business, your employees, and your bottom line with a roofers workers compensation insurance program designed specifically for your industry. Call BGES Group today to get started!

Navigating New York workers’ compensation laws can be challenging, especially for contractors who must adhere to strict state requirements. Failing to comply can lead to hefty fines, legal trouble, and even business shutdowns. This article will break down everything contractors need to know about workers’ compensation insurance in New York, ensuring they stay compliant and protect their businesses from unnecessary risks.

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Why Workers’ Compensation is Essential for Contractors

If you’re a contractor operating in New York, securing the right workers’ compensation coverage isn’t just a smart business decision—it’s the law. The New York Workers’ Compensation Board mandates that nearly all businesses with employees provide this coverage to protect workers in case of job-related injuries or illnesses.

Construction work is inherently risky, and accidents can happen at any time. Without proper insurance, contractors may face lawsuits, medical expenses, and wage replacement costs out of pocket. Having the right coverage ensures that injured employees receive the benefits they deserve while shielding employers from financial strain.

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Who Needs Workers’ Compensation in New York?

New York has some of the strictest requirements when it comes to workers’ compensation for contractors. Here’s who is required to have coverage:

1. General Contractors

General contractors must ensure that all workers, including subcontractors, are covered by a valid workers’ compensation policy. If a subcontractor lacks coverage, the general contractor can be held responsible for any injuries sustained by the subcontractor’s employees.

2. Subcontractors

If you’re a subcontractor with employees, you must carry your own workers’ compensation policy. Relying on a general contractor’s policy may not provide adequate protection and could put your business at risk.

3. Sole Proprietors and Independent Contractors

Sole proprietors and independent contractors without employees are generally not required to carry workers’ compensation. However, certain exceptions apply, particularly in construction, where coverage may still be required.

4. Out-of-State Contractors Working in New York

If you’re an out-of-state contractor working on a New York project, your existing workers’ compensation policy may not meet New York’s strict requirements. You must ensure your policy is properly endorsed to cover work performed in the state.

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Penalties for Non-Compliance

Failing to comply with workers’ compensation requirements in New York can result in severe penalties, including:

• Fines: Businesses without proper coverage can face fines of up to $2,000 per 10-day period of noncompliance.
• Stop-Work Orders: The state may issue a stop-work order, halting all business operations until compliance is achieved.
• Lawsuits: Injured employees can sue employers directly if no workers’ compensation coverage is in place.
• Criminal Charges: In severe cases, business owners may face criminal charges for willfully failing to provide coverage.

These penalties highlight why contractors must ensure they meet all state requirements to avoid costly disruptions.

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How to Stay Compliant with New York Workers’ Compensation Laws

To avoid fines and legal trouble, contractors should take the following steps:

1. Obtain a Valid Workers’ Compensation Policy

Work with an experienced insurance provider to secure the right contractor insurance policy for your business. Ensure that your coverage meets New York’s strict requirements and covers all employees.

2. Verify Coverage for Subcontractors

If you hire subcontractors, request proof of workers’ compensation insurance before allowing them to work on a project. This prevents liability from shifting to you if their employees get injured.

3. Keep Up with Policy Renewals

Letting your workers’ compensation policy lapse—even for a short period—can lead to penalties. Set reminders to renew your policy on time.

4. File Required Documentation

New York requires businesses to file proof of workers’ compensation coverage with the state. Failing to submit these documents can result in compliance issues.

5. Work with an Insurance Specialist

Navigating New York’s complex insurance laws can be difficult. Partnering with a knowledgeable insurance specialist ensures you remain compliant and avoid potential pitfalls.

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BGES Group – Your Expert in Contractor Insurance

When it comes to securing the right workers’ compensation coverage for contractors, working with an experienced insurance provider is essential. BGES Group, based in New York, specializes in contractor insurance and understands the unique challenges contractors face when it comes to compliance.

Why Choose BGES Group?

• Expertise in Contractor Insurance: BGES Group has extensive experience providing customized contractor insurance solutions to businesses in the construction industry.
• New York Specialists: As a New York-based agency, BGES Group understands the state’s strict workers’ compensation laws and ensures your policy meets all requirements.
• Serving the Tri-State Area: Whether you operate in New York, New Jersey, or Connecticut, BGES Group can help you find the right coverage.
• Personalized Service: Unlike large insurance firms, BGES Group offers hands-on, personalized service to ensure contractors get the best policy for their needs.

By working with BGES Group, you can rest assured that your business is protected and compliant with New York’s workers’ compensation requirements.

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Contact BGES Group Today

If you’re a contractor in need of reliable workers’ compensation insurance, don’t wait until it’s too late. Contact BGES Group today to ensure your business stays compliant and protected.

📞 Call Gary Wallach: 914-806-5853
📧 Email: bgesgroup@gmail.com
🌐 Visit Our Website: www.bgesgroup.com

Whether you need a new policy, a policy review, or guidance on compliance, BGES Group is here to help. Protect your business and your workers by securing the right coverage today!