If you’re a New York contractor, you already know workers’ compensation insurance is a necessary but often frustrating cost of doing business. But what happens when your premiums suddenly spike, your coverage gets canceled, or you’re stuck battling audit disputes and misclassifications?
For many contractors, these issues can threaten profitability, delay jobs, and even put their business at risk. The good news? You’re not alone — and there are real solutions.
BGES Group specializes in helping New York, New Jersey, and Connecticut contractors fix their workers’ compensation problems and find affordable, long-term solutions — even in the toughest cases.
The Most Common Workers’ Compensation Problems Facing Contractors — and How We Solve Them
1. Skyrocketing Premiums
If your workers’ compensation premiums have jumped without warning, it can wreak havoc on your budget. At BGES Group, we work with more than 10 insurance companies — including the very best construction programs — to find policies that bring your costs back down to earth without sacrificing coverage.
2. Coverage Cancellations Due to Losses
Insurance companies can and do cancel policies when claims pile up. When that happens, it’s easy to feel like your options are gone. We specialize in finding markets that will still cover you — even with a challenging loss history — so you can get back on track and keep working.
3. Audit Nightmares
Annual audits are a headache for most contractors. They can result in surprise bills, disputes, and endless back-and-forth with your carrier. We work with programs that simplify or even remove many of the pain points from the audit process, making it predictable and fair.
4. Payroll Misclassification
One of the biggest and most expensive mistakes in workers’ compensation is payroll misclassification. If your workers are classified incorrectly — often into higher-risk, higher-cost categories — you’re paying more than you should. We review your classifications, fix errors, and get your payroll categories right, saving you money and avoiding future disputes.
5. High Experience Modification Factor (EMR)
Your EMR affects both your premiums and your ability to win jobs. A high EMR signals higher risk to insurers and project owners. We help contractors implement strategies to bring EMRs down, improve safety records, and make your company more competitive.
6. Multi-State Coverage
If you work across state lines, you know each state has its own workers’ compensation rules — and not all insurance companies handle multi-state policies well. We place contractors with carriers that can insure your entire operation seamlessly across all states you work in.
7. Large Renewal Deposits
A big renewal deposit can strain cash flow at exactly the wrong time. We find options with more manageable deposit requirements, making renewals less stressful and freeing up working capital for your business.
8. Delayed Certificates of Insurance
Waiting days for a certificate can delay jobs, frustrate clients, and cost you money. Our turnaround time is usually minutes, not days, so you can keep your projects on schedule.
9. Poor Agency Service
Too many contractors are stuck with agencies where the staff doesn’t understand their business or return calls promptly. With BGES Group, you deal directly with Gary Wallach, who has 44 years of experience in construction insurance and answers his phone when you call — even on weekends.
10. High Broker Fees
Some brokers tack on $1,000+ in fees or charge a percentage of your premium just to handle your account. We don’t play that game. At BGES Group, we don’t charge policy fees unless your workers’ compensation insurance company doesn’t pay us — and our service is top-tier.
Why Contractors Trust BGES Group
When it comes to workers’ compensation insurance for contractors in New York, experience and access to the right markets make all the difference. Here’s what sets BGES Group apart:
- Specialized Focus on Contractors – We understand the risks, rules, and realities of construction in New York, New Jersey, and Connecticut.
- Access to 25+ Companies – Including the best general & umbrella liability programs in the industry.
- Comprehensive Coverage Options – Property, builders’ risk, inland marine, general liability, umbrella liability, auto, bid & performance bonds, workers’ compensation, N.Y.S. disability, and group health.
- Personalized Service – Call, text, or email anytime — even weekends — and you’ll get a quick, knowledgeable response.
- Problem-Solving Expertise – From misclassified payrolls to EMR improvement plans, we’ve seen it all and know how to fix it.
Special Workers’ Compensation Programs
We are a preferred agent for a unique program designed for contractors and other high-risk businesses that offers:
- Excellent Pricing
- Long-Term Coverage Stability
- Multi-State Coverage
- Streamlined Audits
If we can get you into this program, it can dramatically improve your insurance situation.
Who We Help
While we are especially strong in construction insurance for New York contractors, we also have special workers’ compensation programs for:
- Auto services
- Limousine services
- Logistics companies
- Manufacturers
- Recyclers
- Trucking companies
- Any tri-state business owner with workers’ compensation challenges
Our Commitment to You
At BGES Group, we’re more than just an insurance agency — we’re a partner in protecting your business and helping it grow. We know your time is valuable and your reputation is on the line with every job you take. That’s why we provide fast responses, accurate solutions, and expert guidance every step of the way.
When problems come up — whether it’s a sudden rate increase, a claim dispute, or a certificate request — you’ll have someone in your corner who understands the urgency and knows exactly how to handle it.
Let’s Solve Your Workers’ Compensation Problems Today
If you’re unhappy with your rates, your current company, your broker, or the service you’ve been getting, now is the time to talk to us. We’ve been helping New York contractors for over four decades — and we can help you.
Contact Information:
Gary Wallach – BGES Group Workers’ Compensation Insurance Specialist for Contractors 📍
📞 Call/Text: 914-806-5853
📧 Email: bgesgroup@gmail.com
🌐 Website: www.bgesgroup.com