Keywords: New York contractor insurance, construction insurance specialists, general liability insurance NY contractors, workers compensation NY contractors, excess liability coverage, BGES Group
Running a contracting business in New York is no easy job. Between complex insurance laws, tight deadlines, and constant jobsite risks, one uncovered claim can destroy your business overnight. That’s why understanding the top five insurance concerns for New York contractors is absolutely critical.
At BGES Group (https://www.bgesgroup.com), we specialize in New York construction insurance, helping contractors secure affordable, rock-solid protection that meets job requirements and protects your business from catastrophic losses.
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1. General Liability Insurance Gaps That Could Destroy Your Business
Every contractor in New York needs general liability insurance, but not all policies are created equal. Many are full of exclusions that can leave you dangerously exposed when a claim happens.
Common Problems Hidden in Contractor Liability Policies
• Residential exclusions that eliminate coverage for apartment, condo, or home projects.
• Labor Law (Action-Over) exclusions that remove protection for worker injury lawsuits under New York Labor Law 240/241.
• Subcontractor exclusions that leave you paying for someone else’s mistakes.
At BGES Group, we review your general liability policy line by line, identifying gaps most brokers overlook. We then place you with top carriers that provide comprehensive coverage, including:
✅ Completed operations
✅ Subcontractor work
✅ No Labor Law exclusions
We ensure your policy meets every New York construction insurance requirement so you’re protected and contract-ready.
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2. Workers’ Compensation for New York Contractors — Controlling Costs and Staying Compliant
Workers’ compensation is one of the largest expenses for New York contractors — and one of the most misunderstood. Between audits, experience mods, and employee classification rules, it’s easy to overpay or fall out of compliance.
How BGES Group Helps:
• Properly classifies employees to prevent overcharges.
• Implements certificate tracking for all subcontractors.
• Connects you with competitive pay-as-you-go workers’ compensation programs.
• Helps you lower your experience modification factor (mod) to reduce premiums.
We also make sure your policy meets all New York State Workers’ Compensation Board requirements, keeping you fully compliant and penalty-free.
If you need help with workers’ compensation insurance for contractors in New York, BGES Group delivers expert solutions that save money and protect your business.
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3. The Rising Demand for Excess Liability and Umbrella Coverage
Construction contracts are changing — most general contractors and property owners now require $5–10 million in total liability coverage. Without excess liability or umbrella coverage, you can’t even bid on many jobs.
However, due to New York’s Scaffold Law (Labor Law 240), many insurers no longer write excess policies for contractors.
At BGES Group, our long-term relationships with specialized carriers allow us to help contractors secure the excess liability coverage they need at the most competitive rates possible.
We know which carriers are still writing construction excess, which ones will decline, and how to structure your limits to satisfy contract requirements — all while staying affordable.
If you want to stay competitive in the New York construction market, excess liability coverage is no longer optional — and BGES Group can help you get it.
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4. Additional Insured Requirements and Contractual Risk Transfer
Most contracts in New York require you to name the general contractor, property owner, and sometimes others as additional insureds. If your insurance doesn’t do this properly, you could be held responsible for another party’s lawsuit.
BGES Group Protects You By:
• Reviewing contracts before you sign to ensure compliance.
• Making sure your policy includes both ongoing and completed operations coverage for additional insureds.
• Helping you create hold harmless and indemnification agreements that transfer risk away from your company.
This is one of the most overlooked areas of construction insurance — and it’s where BGES Group’s expertise can save you from serious legal and financial trouble down the road.
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5. New and Emerging Risks: Cyber, Fraud, and Certificate Management
Today’s construction industry faces more than just jobsite hazards. Cyberattacks, fake certificates, and internal fraud are growing threats that can devastate your business.
BGES Group Helps You Protect Against These Hidden Risks:
• Certificate tracking systems to ensure every subcontractor’s insurance is valid.
• Cyber liability insurance to protect against ransomware, data breaches, and email fraud.
• Employment Practices Liability Insurance (EPLI) for protection against employee-related lawsuits.
• Business Owners Policies (BOPs) that combine property, liability, and crime protection in one plan.
These coverages aren’t optional anymore — they’re essential to running a secure and professional contracting business in New York.
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Why New York Contractors Choose BGES Group
With over 44 years of experience, BGES Group (https://www.bgesgroup.com) is one of the most trusted names in New York construction insurance.
We work exclusively with construction businesses, including:
• General contractors
• Subcontractors (carpentry, masonry, drywall, roofing, HVAC, plumbing, electrical, etc.)
• Developers and construction managers
• Maintenance and repair contractors
Our Specialized Insurance Services Include:
• General Liability Insurance
• Workers’ Compensation
• Excess & Umbrella Liability
• Commercial Auto
• Tools & Equipment Coverage
• Bonds and Surety
• Contract Review & Risk Management
We don’t just sell policies — we protect your business, ensure compliance, and help you grow safely and profitably.
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Final Thoughts: Don’t Let Insurance Mistakes Cost You Everything
For New York contractors, insurance isn’t just a legal requirement — it’s your business’s safety net. The wrong coverage or broker can cost you millions when a claim hits.
At BGES Group, we help you avoid those costly mistakes by designing insurance programs that truly protect your business from every angle.
When it comes to New York construction insurance, no one understands your needs better than BGES Group.
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Contact BGES Group — New York’s Construction Insurance Specialists
📞 Gary Wallach, Construction Insurance Specialist
📱 914-806-5853
BGES Group – Protecting New York Contractors for Over 44 Years.
Get the right coverage. Eliminate your risks. Build with confidence.