construction insurance New York

New York Contractors in Urgent Need of Action for Enhanced Coverage in General Liability Policies


New York contractors face numerous challenges in their line of work, from project management to client satisfaction. However, one critical area that demands immediate attention is their general liability insurance coverage. In this article, we will explore why New York contractors should take action to enhance their coverage in general liability policies. We will delve into the unique risks they face, the limitations of existing policies, and the potential consequences of inadequate coverage. Finally, we will discuss proactive steps contractors can take to safeguard their businesses.


1. Understanding the Unique Risks Faced by New York Contractors:

New York is known for its bustling construction industry, with contractors involved in projects of various scales and complexities. The nature of these projects exposes contractors to a wide array of risks, including property damage, bodily injury, construction defects, and even lawsuits related to labor disputes or non-compliance with local regulations. Given the high stakes involved, it is imperative that contractors have comprehensive coverage to protect their businesses.


2. Limitations of Existing General Liability Policies:

While general liability policies provide essential coverage, they often fall short when it comes to meeting the specific needs of New York contractors. These policies typically include coverage for bodily injury, property damage, and personal injury claims. However, they may not adequately address risks such as construction defects, errors or omissions, and claims arising from pollution or environmental damage. Contractors need policies that align with the unique challenges they face, or they risk being left vulnerable to significant financial losses.


3. Potential Consequences of Inadequate Coverage:

Contractors who operate without sufficient coverage expose themselves to a host of potential consequences. In the event of property damage or bodily injury claims, inadequate coverage may result in out-of-pocket expenses, litigation costs, and even bankruptcy. Moreover, New York contractors may find themselves in breach of contract if their clients require specific insurance coverage that their existing policies do not provide. This can lead to damaged reputations, loss of business opportunities, and strained professional relationships.


4. Proactive Steps for Contractors:

To protect themselves and their businesses, New York contractors should take action to enhance their coverage in general liability policies. Here are some proactive steps they can consider:


a. Conduct a Thorough Risk Assessment: Contractors should assess the specific risks associated with their projects and seek policies that cover those risks adequately. Engaging with insurance brokers specializing in construction insurance can be beneficial in this process.


b. Seek Additional Coverage: Contractors can explore supplemental insurance options, such as professional liability insurance (errors and omissions), pollution liability insurance, and contractor’s pollution liability insurance. These policies can provide additional protection against risks not covered by general liability policies.


c. Review and Negotiate Policy Language: Contractors should carefully review the terms and conditions of their existing policies. By negotiating policy language, they can ensure that their coverage aligns with their unique needs and project requirements.


d. Maintain Open Communication with Insurers: Establishing a strong relationship with insurers and keeping them informed about project details, risk mitigation measures, and any changes in operations can help ensure that contractors receive the most suitable coverage.


e. Stay Updated with Regulatory Changes: Contractors must remain abreast of evolving local and state regulations that may impact their insurance requirements. Compliance with these regulations is crucial to maintaining adequate coverage and minimizing legal risks.



New York contractors cannot afford to overlook the critical issue of general liability insurance coverage. Given the unique risks they face and the limitations of existing policies, taking proactive steps to enhance their coverage is essential. By conducting thorough risk assessments, seeking additional coverage, reviewing policy language, maintaining open communication with insurers, and staying updated with regulatory changes, contractors can better protect their businesses, mitigate financial risks, and build a solid foundation for sustainable growth in the dynamic New York construction industry.


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

BGES Group, located in Larchmont, N.Y. are New York Construction Insurance Specialists that represent 50+ companies and all the BEST general & umbrella liability programs!  We offer every coverage you need including property, builders risk, inland marine, general liability, umbrella liability, auto, bid & performance bonds, workers’ compensation, N.Y.S. disability and group health.  We are extremely responsive, responsible, trustworthy, fast, minimize your insurance headaches, we don’t charge ridiculous policy or service fees and when you call, text or email, whatever time of day, even weekends, we are ARE THERE to help YOU!

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

In addition, we offer all personal insurance coverages including home, auto, boat, jewelry, fine arts, life, disability, health and long-term care.  When was the last time you got a complete check up for all your coverage needs?   We are extremely caring and would love the chance to help you with your personal insurance needs.

BGES Group is an insurance agency whose owner is very responsible, responsive, offers boutique, very personal service and is ALWAYS there when you need him most!

We know reading an article we post or getting an email is not the best way to consider working with someone.  If you are interested, go read our “Google Reviews” and see what people have to say about us!  That can give you the comfort level needed to contact us.

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

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



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