New York City Contractor Reduces Their Liability Premium From $393,000 To $197,500! This Article Explains How To Get Relief!
Are you a New York City contractor paying $100,000, $200,000, $300,000+ for general and umbrella liability insurance? Is your Worker’s Compensation costing you an arm and a leg?
Sick of paying what you’re paying? Ready to do something about it?
Have your general and umbrella liability through a “Surplus Lines Carrier (SLC)?” Most New York City contractors do, pay VERY high rates and have lots of exclusions, restrictions and warranties all designed to pigeon hole coverage. End up operating outside the scope of work described to your carrier and you can be out of luck getting the next claim paid.
Do you use subcontractors? Most insurance carriers have very strict requirements when it comes to subs. Some companies limit the amount of work you can sub out. Some have “Hammer Clauses” in their policies. If you’re not careful who you use you can be out of luck getting a claim covered.
You would think paying hundreds of thousands to your insurance company would get you “Cadillac Coverage” right? Unfortunately for many, that’s not the case. Policies are riddled with exclusions like employee injury, labor law, height, subcontractor warranties, exterior work, construction limitation endorsement, the list goes on and on.
Here’s a secret most insurance brokers don’t want you to know. Most don’t know what they are doing when it comes to insuring contractors. Most can get you a policy but they don’t understand the legal ramifications of each form, endorsement, warranty and exclusion. They may be nice, you may like them, but have a claim and be told it’s not covered. I think liking them will no longer matter.
How would you like to work with one of New York’s leading “CONSTRUCTION INSURANCE SPECIALIST AGENCY POWERHOUSES?” Whose group does over $1 billion in premium? Who can take your account and marketed it to “THE BEST CONSTRUCTION INSURANCE PROGRAMS AVAILABLE FOR NEW YORK CONTRACTORS?”
How many of you would like to get away from restrictive “Surplus Lines Carrier” liability policies and have your insurance thru a “Main Street” carrier who offers MUCH better coverage at substantially lower rates?
At BGES Group, for 40 years we’ve specialized at insuring contractors. Due to our expertise, reputation and agency volume we can get YOU better coverage and lower rates.
Like the example above, we reduced a Queen’s contractor’s liability premium from $393,000 to $197,000. Let us do the same for you!
One of the great things about working with us is when you call or email you’ll always get us. You can contact us anytime, get us on the phone in seconds and whatever your issue we will handle it.
A Little Bit More About Our Agency:
We are construction insurance specialists
Insuring contractors since 1981
Our group does $1 billion + in business.
One of our specialties is Worker’s Compensation. We can help you deal with some real thorny issues
We have “Main Street” GL programs for New York City contractors (we cover NY, NJ, CT) that just a handful of agencies have
We have purchasing leverage and can get you excellent rates
On any given day we have a great pulse on the market place. If there is a new program out there that you can benefit from we will find it
We have a program to screen all your subcontractor’s insurance policies so you don’t have to do it
We offer Property, General Liability, Umbrella Liability, Business Auto, Bid & Performance Bonds, Workers’ Compensation, N.Y.S. Disability, Group Health and Personal Lines (Homeowners, Personal Auto, Personal Umbrella, Boat, Jewelry, Fine Arts) insurance policies
Here’s what four clients say about us (we have over 40 testimonials):
I highly recommend BGES Group if you are in need of help figuring out your workers compensation or disability rights. When you are completely lost and confused and full of complicated questions, like myself, call BGES and speak to Gary. His patience and kind demeanor made me feel comfortable and confident that he is extremely knowledgeable and genuinely wants to help you. Their customer service is excellent, I received an immediate call back and Gary remained on the phone with me answering every question honestly and remained patient through our lengthy conversation which concluded in a very favorable outcome for my family and I. Thank you so much Gary, your kindness is much appreciated. Michael
Absolutely the best agent my business has dealt with ever!!! Gary is the ultimate professional. He is both prompt and efficient with his services and is able to find the best pricing as well. I highly recommend his services! Eric
Gary is a non stop guy. He got me my insurance for a better price with the same coverage! Thanks Gary. Doug
I received almost instantaneous response on all my requests. And they certainly do a great job in obtaining the best insurance provider for my business. Very happy with their service. Mario
Need Help With Your Worker’s Compensation Coverage? We Can Work Miracles. See What We Did for These Four Contractors:
We helped a Long Island Tree Contractor with over $1.2 million in claims get coverage for half what he was paying. His carrier was charging him $200,000.
We helped a Queens Demolition contractor whose company non renewed him due to $650,000+ in claims replace coverage with a carrier whose rates were lower than what he previously paid.
We helped a Brooklyn General Contractor who was being non-renewed by his carrier with over $1 million in losses replace coverage with slightly lower rates.
We helped another Brooklyn General Contractor who had $1 million in claims, most scam claims, replace coverage at comparable pricing.
Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538
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