The Business Benefits Group’s Business Insurance Division provides sound advice and service that ensures your business is equipped with the right coverage to handle any situation that may arise. Protecting your assets and providing risk-management solutions is at the core of what we do. As an independent agency, we are your reliable providers with insurance implementation, claims, and renewal.
By integrating our Business Insurance Division with your Benefits, HR, and Retirement needs, we can enhance your protection with our single source approach. We arm you with the right mix of policies to defend your organization against the threats that could otherwise force you to close your doors.
Our variety of business insurance solutions can help to address the needs of any organization, giving business owners peace of mind knowing that they are prepared for the future.
Who Needs Business Insurance?
Before businesses can determine their insurance needs, they will first have to thoroughly examine what risks they are or could become exposed to. Some businesses work in industries where the risks are clearly defined, while others may have to dig a little deeper.
Established businesses may be in a position where it is time to reassess their coverage based on how their organization will continue to grow. It is common for businesses to re-evaluate their needs as the company develops over time. Regular evaluation of what type of business insurance coverage is in effect can ensure safe growth and also provide valuable savings.
For owners who are beginning to explore their business insurance options, here are some important considerations that will help to determine what plan best suits their business:
- What are the actual needs of the business?
- How does the business provide service to its clients/customers?
- How many people are on staff?
- Do employees drive for business-related reasons or operate any form of heavy machinery?
- What materials and/or substances do employees handle directly?
- What is needed to ensure that your location(s) are safe and in compliance?
- What is needed to ensure that your equipment is safe and in compliance?
- Are your organization’s current and future assets protected?
- How is your business managing cyber security and intellectual property?
- Do your company’s corporate officers face any risks?
BBG’s Business Insurance Services and Solutions
Every business is different and will have its own unique needs. But regardless of size or industry, all businesses want to save time, money, and minimize risk as much as possible. The Business Benefits Group’s (BBG) highly experienced business insurance professionals can help business owners to successfully achieve this goal by thoroughly assessing potential risks from all angles. Our full business insurance service offerings include:
- Commercial Auto Insurance
- DBA Insurance
- DC Health Link Support
- Directors and Officers
- Errors and Omissions
- General Liability
- Malpractice Coverage
- Property Coverage
- Request a Certificate of Insurance
- Umbrella Liability Insurance
- Workers Compensation
Commercial Auto Insurance
BBG represents numerous carriers and is able to shop and compare commercial auto insurance plans for you. Let our team manage the headache of finding the right policy so that you don’t have to.
Under the Defense Base Act (DBA), government contractors working on contracts overseas are required to obtain insurance coverage for their personnel. Contractors who forego seeking out DBA insurance run the risk of incurring serious penalties that can include: fines, imprisonment, and/or civil liability claims for damages that relate to the injury, death, and/or loss of the government contract that was originally awarded.
The business insurance professionals at BBG have extensive experience supporting U.S. Government Contractors and are able to provide expert guidance on the requirements issued by the U.S. Department of Labor (DOL). We exclusively assist Government Contractors who are working overseas on contracts for the Department of Defense (DOD). To learn more about DBA coverage, review our informational page on DBA Insurance.
Directors and Officers
Directors and Officers (D&O) insurance provides coverage to both companies and executives against claims that result from either alleged or actual wrongful acts of an individual director or officer of the organization. It is not uncommon for private companies to acquire Directors and Officers Liability (D&O) insurance due to the rise in these types of claims.
In fact, many companies have recognized the necessity of this type of coverage and have made the acquisition of D&O insurance a routine process. D&O insurance can provide valuable protection to key individuals within your organization should any unfortunate circumstances arise. If you would like more information, please visit our pages on Directors and Officers coverage.
Errors and Omissions
Even though businesses make every effort to perform without mistakes, human errors are inevitable and can also be very costly. Situations where errors are made that result in the defect of a product or service that is delivered to a customer can causes unwanted liability issues.
Business owners need to protect themselves and their organizations from any fines or other monetary damages that could be awarded due to an error and/or omission. BBG’s highly qualified business insurance consultants can help owners to determine and acquire the right coverage that best fits their needs. To learn more please visit our page about Errors and Omissions coverage.
General Liability (GL) Insurance protects a business’s commercial interests from common liability exposures beyond automobile and professional liability. General liability insurance provides business owners with a sense of security knowing that they have taken effective steps toward protecting their organization from a broad range of potential liability issues.
The business insurance professionals at BBG know how to identify risks so that businesses acquire coverage that can successfully mitigate them. We seek to alleviate our client’s liability anxieties while simultaneously saving them valuable time and other resources. For more information, please take a look at our General Liability insurance page.
Working as a medical professional is both rewarding and demanding. Medical professionals and practices can become exposed to numerous types of malpractice claims. The Business Benefits Group’s malpractice insurance professionals are able to help practitioners determine the type of coverage and amount needed to protect themselves, their practice, and their other assets in the event that a malpractice claim is pursued. Please visit our Malpractice Coverage page for more information.
Unforeseen and unwanted occurrences such as fire, flood, theft, and vandalism (to name a few) can have harmful effects on a business. It is impossible to predict the future, but BBG’s capable business insurance consultants can help businesses to obtain property coverage that can help businesses to avoid costly setbacks and devastating loss in more severe situations. To learn more about this, please visit our Property Coverage page.
Umbrella Liability Insurance
Umbrella liability insurance is a specific type of liability insurance that is designed to protect policyholders against claims that exceed the limits of their primary auto, general liability, and worker’s compensation coverage. This valuable type of liability coverage has a minimum amount, but coverage can be expanded as a company’s exposure to risk increases. Please visit our Umbrella Liability Insurance page for more information.
Request a Certificate of Insurance
Proof of insurance can be shown by providing a certificate of insurance to a certificate holder. To learn more about how to request a certificate of insurance, please contact BBG to start the process, and we’ll handle the rest.
Satisfying workers compensation requirements is something that businesses should take very seriously. Due to the potential for negative outcomes, our highly skilled business insurance consultants will make sure that you have a clear and thorough understanding of any relevant regulations that apply to your business. Our professional team can help you to acquire the appropriate level of coverage that your organization requires at the most affordable rate. To learn more, please visit our page on Workers Compensation coverage.
Benefits of Our Business Insurance Services
Your business exists to become profitable by providing a worthwhile service, and our team of dedicated business insurance professionals want to help you reach that goal. Remaining underinsured against possible claims, or failing to comply with government insurance regulations exposes your business to risks which may force your organization into a vulnerable position.
Our Business Insurance Division has the experience and knowledge to make sure that your businesses is using the most appropriate insurance policies and risk management strategies to minimize risks and create security for your organization.
Protect Your Business
BBG’s longstanding clientele entrust us with their needs because protecting your business is our top priority. After a discerning analysis of the business, our knowledgeable business insurance consultants can advise companies on which specific coverage policies are needed to effectively mitigate negative impacts that could arise as the result of unwanted occurrences.