As a business owner in New York, New Jersey, or Connecticut, one of the most important decisions you’ll make is how to secure workers’ compensation coverage for your employees. You have two main options: purchasing coverage through a state-run workers’ compensation program or using a private insurance carrier. While state programs might seem like a convenient option, they may not always be the best choice for your business.

Let’s take a closer look at five reasons why business owners should reconsider getting their workers’ compensation through a state carrier—and why private coverage might be a better option.

5 Reasons Business Owners Should Avoid State-Run Workers’ Compensation Programs

1. Debt or Unpaid Balances Can Prevent Coverage

  If you owe money to the state plan due to unpaid premiums or a previous balance, you may not be able to secure new workers’ compensation coverage until that debt is paid off. This situation can become especially difficult if you’ve had an audit where the state applied estimated figures, leaving you with an unreasonable balance to pay. Without clearing that debt, your business might be left without coverage, putting you at risk of penalties and leaving your employees vulnerable.

2. Higher Premiums for All Businesses

  State workers’ compensation programs often include higher-risk businesses, spreading that risk—and cost—across all policyholders. This means you could end up paying more for your coverage, even if your business has a good safety record and is in a lower-risk industry. Private carriers can often offer more competitive rates based on your individual business and risk profile.

3. Limited Customization

  State-run programs tend to offer one-size-fits-all policies that may not adequately address the unique risks your business faces. Private carriers, however, can tailor policies to meet your specific needs, ensuring that you have the right coverage for your industry, workforce, and operations. This flexibility can help you avoid paying for unnecessary coverage or being improperly insured.  i.e. You operate in multiple states.

4. Bureaucratic Claims Processing

  Handling workers’ compensation claims through a state-run system could be slow and cumbersome due to government bureaucracy. Delays in claims processing can lead to longer employee recovery times and disruptions to your business. Private carriers typically offer more efficient claims management, helping to resolve issues quickly and minimize downtime.

5. Minimal Risk Management Support

  State workers’ compensation plans often do not offer the same level of risk management and safety support as private carriers. Private insurers usually provide risk assessments, safety training, and other services to help reduce workplace accidents and claims. This proactive approach can lead to fewer claims, lower premiums, and a safer work environment for your employees.

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Why BGES Group is the Right Choice for Tri-State Business Owners

If you’re looking for expert guidance and customized workers’ compensation solutions, BGES Group is here to help. We specialize in workers’ compensation insurance for businesses across New York, New Jersey, and Connecticut, offering personalized service and competitive rates. With a deep understanding of the challenges business owners face, Gary Wallach can help you find the best coverage for your needs—whether you’re just starting out or need to move away from state-run programs.

Contact BGES Group today for a free consultation and expert advice on workers’ compensation: 

– Call Gary Wallach anytime, Monday through Sunday: 914-806-5853 

– Email us at: bgesgroup@gmail.com 

– Visit our website: http://www.bgesgroup.com

We’re ready to help your business get the workers’ compensation coverage it deserves!

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

Being a contractor in New Jersey is a rewarding but challenging job. From managing projects to ensuring safety on-site, contractors face numerous risks daily. Understanding these risks and knowing how insurance can help is crucial to running a successful business. In this blog, we’ll talk about common risks faced by New Jersey contractors and explain how different types of insurance can offer protection.

1. Workplace Injuries

Contracting work often involves heavy machinery and hazardous materials, making the risk of workplace injuries a significant concern. Workers’ compensation insurance can cover medical expenses and lost wages if an employee is injured on the job. It is crucial because, without it, a business could face hefty out-of-pocket expenses and legal fees. Moreover, in New Jersey, having this insurance is not just a good idea but a legal requirement.

Ensuring that you have adequate workers’ compensation insurance also highlights your commitment to your employees’ well-being. This not only boosts morale but also enhances productivity, as employees feel safer and more valued. Implementing occupational health and safety measures, alongside proper insurance coverage, creates a well-rounded approach to managing workplace injuries effectively.

2. Property Damage

Accidental damage to property, whether it’s a client’s or your own, can be costly. General liability insurance covers repair and replacement costs, protecting your business from these unexpected expenses. This type of insurance is particularly important in the construction industry, where even a small mistake can lead to substantial financial losses.

In New Jersey, contractors are mandated to carry a certain level of general liability insurance. This insurance can save you from out-of-pocket expenses, enabling you to maintain financial stability even when accidents happen. Additionally, it ensures that you can continue working on projects without significant financial disruption, which is essential for business continuity and client trust.

3. Theft of Equipment

Tools and machinery are essential for any contractor, and their theft can halt your operations. An insurance policy that includes tool and equipment coverage ensures that stolen items can be quickly replaced. Without this coverage, replacing stolen tools out of pocket can be a significant financial burden.

Aside from having tool and equipment insurance, it’s also wise to implement security measures on-site. This could include surveillance cameras, secure storage units, and proper record-keeping of all tools and machinery. Combining a proactive security approach with the right insurance coverage creates a robust system for protecting your assets.

4. Client Disputes

Disagreements with clients over project outcomes, timelines, or costs can lead to legal action. Professional liability insurance protects you against claims of negligence or unsatisfactory work. This type of insurance is crucial in maintaining your business’s reputation while safeguarding it from potential financial ruin.

In the contractor world, disputes are, unfortunately, a common occurrence. Resolving these disputes can be time-consuming and expensive, especially if they escalate to legal battles. Having errors and omissions insurance as part of your professional liability insurance can ensure you are covered against claims related to mistakes or failure to meet expectations.

5. Natural Disasters

New Jersey is prone to natural disasters like hurricanes and flooding. Property insurance can cover damage caused by these events, ensuring your business can recover quickly. This kind of protection is invaluable, especially since repairing or replacing damaged infrastructure and equipment can be extremely costly.

In addition to property insurance, considering a business interruption insurance policy can be beneficial. This type of insurance can help cover the loss of income that may result from halted operations due to natural disasters, allowing your business to stay afloat during recovery efforts.

6. Environmental Hazards

Handling hazardous materials can lead to environmental damage, resulting in hefty fines. Pollution liability insurance helps cover the costs associated with cleaning up and mitigating environmental impacts. Not having this insurance can leave your business vulnerable to exorbitant cleanup costs and legal fees.

Pollution liability insurance not only covers cleanup costs but can also help manage third-party claims related to environmental damage. This comprehensive protection ensures that your business can handle unexpected environmental liabilities effectively, reducing financial strain and maintaining your company’s reputation.

7. Contractual Errors

Mistakes in contracts or project plans can lead to costly corrections and legal issues. Errors and omissions insurance covers these types of errors, protecting your business from financial loss. This type of insurance is particularly important for contractors who manage multiple projects with complex contracts.

Maintaining detailed and accurate documentation for all projects can help minimize the risk of contractual errors. However, having errors and omissions insurance provides an additional layer of protection, ensuring that any oversight or mistake doesn’t significantly impact your business’s financial health.

8. Employee Injuries Off-Site

Workers might get injured while traveling to different sites. Workers’ compensation insurance also covers injuries that occur off-site, ensuring comprehensive protection. This coverage is essential for businesses that require employees to travel frequently for work.

Avoiding common mistakes when purchasing workers’ compensation insurance can help ensure you have the right coverage. This includes accurately reporting payroll and properly classifying employees, which helps maintain compliance and avoid potential audits and fines.

9. Supply Chain Disruptions

Delays or disruptions in the supply chain can halt projects and increase costs. Business interruption insurance can cover the income lost during these delays, helping to mitigate financial impact.

10. Cyber Threats

In today’s digital age, contractors also face cyber risks. Cyber liability insurance protects against data breaches and cyberattacks, which can compromise sensitive client information. This type of insurance also covers the costs associated with recovering from a cyber incident, including legal fees and notification expenses.

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. High Premiums – Are you paying too much for your workers’ compensation insurance, leaving little room for profit?

2. Misclassified Employees – Do you feel that your employees are being misclassified, leading to inflated insurance costs?

3. Inadequate Coverage – Are you worried that your policy doesn’t fully cover your risks or protect your business properly in states outside of your home state?

4. Frequent Audits – Are constant audits by your insurance carrier taking up valuable time and causing frustration?

5. Lack of Personalized Service – Are you dealing with an agency that doesn’t understand the unique needs of your business?

6. Difficulty with Claims Processing – Are your workers’ comp claims getting delayed or mishandled, putting strain on your business?

7. Insufficient Safety Guidance – Do you wish your insurance provider offered better support in workplace safety to help reduce accidents and claims?

8. Coverage Lapses – Have you experienced gaps in your coverage, leaving your business exposed to potential fines and penalties?

9. Limited Industry-Specific Expertise – Does your current provider lack the experience or specialization in your industry, especially in high-risk sectors like construction, roofing, or demolition?

10. Unclear Policy Details – Are the terms and conditions of your policy too complicated, leaving you unsure about your coverage?

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If you’re facing any of these issues, BGES Group can help. We specialize in workers’ compensation insurance for contractors in New York, New Jersey, and Connecticut. Our team, led by Gary Wallach, is known for providing personalized service and competitive pricing, ensuring your business gets the best coverage.

Contact BGES Group today and let us solve your workers’ compensation challenges! 

– Call Gary Wallach anytime, Monday through Sunday: 914-806-5853 

– Email us at: bgesgroup@gmail.com 

– Visit our website: http://www.bgesgroup.com

We’re here to make your workers’ compensation insurance simpler and more affordable!

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. Why did the New York contractor bring a ladder to the bar? 

Because he heard the drinks were on the house!

2. What’s a New York contractor’s favorite type of music? 

Heavy metal—especially when it’s clanging on scaffolding at 6 AM!

3. How do you know a New York contractor is a perfectionist? 

He’ll spend three hours debating whether “good enough” is really good enough.

4. Why did the contractor refuse to do yoga? 

Because he said, “I already do enough bending over backwards for clients!”

5. What’s the difference between a New York contractor and a magician? 

A magician pulls rabbits out of a hat, but a contractor makes deadlines disappear!

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Is your current business insurance feeling as painful as hitting your thumb with a hammer?

If dealing with your broker feels like constantly being stuck in traffic on the BQE, it’s time for a change. BGES Group is one of New York’s top experts when it comes to contractors’ business insurance. Whether it’s workers’ comp or liability coverage, we’ve got you covered with personalized service and competitive rates.

Gary Wallach and his team at BGES Group know the unique challenges of New York contractors and will work to make sure you’re properly protected without the headache. If your current coverage feels more like a wrecking ball than a safety net, give Gary a call at 914-806-5853 or email bgesgroup@gmail.com. It might just be the best call you make all year!

—

6.  Why do New York contractors love winter so much? 

Because snow gives them an excuse to “take their sweet time” finishing that project.

7.  How does a New York contractor say goodbye? 

“See you next week…or, you know, whenever the permits come through.”

8. Why do New York contractors love telling jokes? 

Because they know the punchline will probably arrive faster than the materials!

9.  What’s a New York contractor’s favorite tool? 

The “quote stretcher”—it adds an extra zero when you’re not looking!

10. Why did the contractor take up acting? 

Because he already has years of experience pretending a project will be done on time!

—

At BGES Group, we’re not some giant, faceless insurance company where you spend more time on hold than actually getting help. We’re like a mom-and-pop boutique agency: no long waits, no endless transfers—just real people who care about your business. When you need help, we’re right there with you. With Gary Wallach and BGES Group, you’ll always get the best rates and service tailored to your needs.

Contact Gary Wallach today at 914-806-5853 or email bgesgroup@gmail.com to learn how BGES Group can support your business with top-notch, personalized insurance coverage!

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, rising insurance premiums can be a significant burden on your business. However, there are steps you can take to manage these costs and minimize renewal rate increases. Here are ten strategies to help keep your business insurance costs under control:

1. Maintain a Clean Claims History

  The fewer claims you file, the lower your premiums. Implement strong safety protocols and ensure proper training to reduce the likelihood of accidents and claims.

2. Invest in Risk Management

  Proactive risk management strategies, such as regular safety training and inspections, can reduce the frequency of claims, leading to lower premiums over time.

3. Review Your Insurance Annually

  Don’t simply renew your policies without a thorough review. Ensure your coverage aligns with your current business needs and shop around for better rates or coverage options.

4. Bundle Insurance Policies

  Combining multiple policies (e.g., general liability, workers’ compensation, and commercial auto) with one carrier can often result in discounts and lower overall costs.

5. Raise Your Deductibles

  Opting for higher deductibles can significantly reduce your monthly premiums. Just be sure to keep enough reserves on hand to cover a potential claim.

6. Use Proper Subcontractor Documentation

  Ensure that all subcontractors have the correct insurance and list you as an additional insured. This can prevent claims from being filed against your own policy, helping you avoid premium increases.

7. Implement a Return-to-Work Program

  If an employee is injured on the job, having a return-to-work program can reduce workers’ compensation costs by getting them back to work sooner, even if it’s in a limited capacity.

8. Maintain a Strong Credit History

  A strong business credit score can help lower your insurance premiums, as insurers often view contractors with good credit as less risky.

9. Keep Employee Classifications Accurate

  Make sure your employees are classified correctly for workers’ compensation purposes. Misclassifications can result in higher premiums or penalties during audits.

10. Turn to BGES Group for Competitive Quotes

  At BGES Group, we specialize in construction insurance and can provide competitive liability quotes to ensure you’re not overpaying for your coverage. By turning to us for a Plan B quote, you’ll be able to compare rates and potentially secure a better deal to help you manage your business insurance costs.

Contact BGES Group Today!

We are experts in New York construction insurance and can help you find the right coverage at competitive rates. Let us assist you in keeping your business insurance costs under control.

– Phone: 914-806-5853 

– Email: bgesgroup@gmail.com 

– Website: http://www.bgesgroup.com

Reach out to BGES Group today and discover how we can help your business save on insurance while staying well-protected!

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 contractor in the Tri-State area, finding the right payroll and workers’ compensation plan is crucial to protect your business, employees, and bottom line. Whether you’re an electrician, plumber, or a high-risk contractor involved in roofing or demolition, BGES Group offers a tailored solution program for contractors.

This program is specifically designed to meet the unique needs of contractors, providing comprehensive coverage and services to ensure you’re well-protected while managing costs effectively.

10 Benefits of BGES Group’s Program for Contractors

1. Comprehensive Workers’ Compensation Coverage 

  From electricians and plumbers to high-risk trades like demolition and roofing, the program ensures robust coverage for contractors of all types.  Program can cover you in multiple states, if needed.

2. Integrated Payroll Solutions 

  Save time and reduce administrative work with integrated payroll services that align with your workers’ compensation policy, ensuring smooth operations.

3. Competitive Premium Rates 

  Contractors, including those in high-risk industries, benefit from competitive pricing, helping you avoid overpaying for necessary insurance coverage.

4. Flexible Payment Options 

  The program allows you to spread your premium payments across payroll periods, making it easier to manage cash flow and avoid large lump-sum payments.

5. Real-Time Premium Adjustments 

  With pay-as-you-go options, premiums are adjusted in real-time based on actual payroll, preventing surprises at year-end audits.

6. Improved Cash Flow Management 

  By aligning premium payments with payroll, the program helps you better manage your finances and avoid unexpected financial strain.

7. Risk Management Services 

  Access expert risk management tools and resources to help reduce workplace injuries and improve safety, potentially lowering your long-term premiums.

8. Compliance Assistance 

  Ensure you remain compliant with state laws and regulations, including mandatory workers’ compensation coverage, minimizing the risk of costly penalties.

9. No Waiting for Needed Certificates

  There are three (3) ways to obtain certificates.  The first is you can call BGES Group and get them.  The second is you can go on line and print them.  The third is you can call company customer support and get them.  You do not have to wait hours or days and there are no extra charges for certificates.

10. Streamlined Claims Handling 

  Program provides expert claims handling, ensuring quick and efficient processing of any workers’ compensation claims, minimizing disruptions to your business.

Why Choose BGES Group?

At BGES Group, we specialize in providing workers’ compensation and payroll solutions for contractors in the Tri-State area. With the BGES Group’s program, we offer comprehensive coverage tailored to your business needs, ensuring you get the right protection at the right price.

If you’re interested in learning more about how BGES Group can help your business with workers’ compensation and payroll services, contact us today!

– Phone: 914-806-5853 

– Email: bgesgroup@gmail.com 

– Website:  http://www.bgesgroup.com

Get the protection and support your business needs with BGES Group—reach out 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

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.

—

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

Understanding workers’ compensation reviews can be a bit daunting, especially for contractors in Connecticut. This FAQ will help break down the essentials so you can navigate the process with confidence. Let’s dive in!

What is Workers’ Comp and Why is it Important?

Workers’ compensation is a type of insurance that provides medical benefits and wage replacement to employees injured during employment. It’s crucial for contractors to understand this because it protects both the employee and the employer in case of work-related injuries.

In Connecticut, the Workers’ Compensation Act ensures employees who are injured on the job receive prompt payment of benefits and appropriate medical treatment. For employers, this means protection from potential lawsuits arising from workplace injuries.

Think of workers’ comp as a safety net. It’s there to catch employees when they fall, ensuring that their medical expenses and wage losses are covered. This coverage is not just mandatory but also critical for maintaining a safe and secure workplace.

Who Needs Workers’ Comp in Connecticut?

In Connecticut, almost all employers are required to carry workers’ comp insurance. This includes contractors, regardless of the size of the business or the number of employees. Ensuring you have this coverage is not just a legal requirement but also a safety net for your business and employees.

Even if you’re a sole proprietor, hiring just one employee necessitates obtaining workers’ comp coverage. This rule applies to both full-time and part-time workers, making it essential for all business owners.

The State of Connecticut Workers’ Compensation Program underscores the importance of this insurance for all types of businesses to mitigate risks and foster a safe work environment.

When Should Contractors Review Their Workers’ Comp Policies?

It’s recommended to review your workers’ comp policies annually or whenever there’s a significant change in your business operations, such as hiring more employees or taking on larger projects. Regular reviews ensure that your coverage remains adequate and up-to-date.

Significant business changes are not the only trigger for policy reviews. Instances such as experiencing a substantial claim or modification in state laws governing workers’ comp should also prompt a thorough review of your policies.

Additionally, it’s beneficial to review your policies if there have been any changes to state regulations governing workers’ compensation or if your industry has introduced new safety standards or technologies.

How to Conduct a Workers’ Comp Review?

Start by reviewing your current policy details. Check the coverage limits, the nature of the work your employees do, and any recent claims. Consulting with an insurance specialist can help you identify gaps and make necessary adjustments.

A thorough review should include verifying employee classifications to ensure that workers are correctly identified according to their job roles. Misclassification can lead to either overpayment or underpayment of premiums.

Another key step is to examine your claims history. A high frequency of claims might indicate underlying safety issues within your operations, which should be addressed to lower future premiums and improve workplace safety.

Consider leveraging resources like the Connecticut Workers’ Compensation Commission for additional guidance on state-specific requirements and best practices for maintaining optimal coverage.

Common Mistakes to Avoid During Workers’ Comp Review

Avoid underestimating the risks associated with your industry, failing to update your policy regularly, and not seeking professional advice. These mistakes can lead to inadequate coverage and financial losses in case of a claim.

One of the frequent errors is underreporting payroll to reduce premiums. While this might seem financially advantageous initially, it can lead to audits and significant retroactive charges if discovered.

Misclassifying employees is another common mistake. Ensure each employee is classified according to their actual job functions to avoid penalties and ensure appropriate coverage.

Neglecting workplace safety programs can also be costly. Implementing and maintaining robust safety protocols can reduce the frequency of workplace injuries, subsequently lowering your premiums over time.

Finally, always ensure compliance with state requirements. Non-compliance can result in hefty fines and disrupt your business operations significantly.

Where to Find More Information?

For more detailed information on workers’ comp policies and regulations in Connecticut, visit the official Connecticut Workers’ Compensation Commission website or consult with a licensed insurance provider.

Contractors can also refer to the State of Connecticut Workers’ Compensation Program for specific guidelines and resources related to claim processing and fraud prevention.

For a comprehensive guide tailored for New York contractors, check out Understanding Workers Compensation by BGES Group Insurance. This resource provides valuable insights applicable to contractors operating across state lines.

Final Thoughts

Navigating the workers’ comp review process doesn’t have to be complicated. By understanding your coverage, knowing when you need a review, and following the necessary steps, you can ensure you and your employees are adequately protected. Stay informed, and always consult professionals when in doubt!

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