Providing the most sound advice and service is the driving goal that motivates the Business Insurance Division at Business Benefits Group. Achieving this goal makes it possible for us to equip you with the proper business insurance coverage for any conceivable situation. Your assets are of vital importance, which makes protecting them, as well as providing the best in risk-management solutions, the very center of our operating principles. Business Benefits Group is an independent insurance broker, fully capable and willing to help you in all things insurance, from implementation, to claims, to renewals.
Chantilly, VA Insurance Brokers
The first step in your road to complete insurance coverage, as well as compliance with all strictures laid down by the government, is to integrate our Business Insurance Division with all of your Retirement, HR and Benefits needs. This allows us to take a single-source approach, one that is very effective at enhancing your protection. Threats that could otherwise prompt you to close your doors are stymied by the mixture of policies that we arm you with. No matter what type of business you run, we have the business insurance solution to match.
Who Needs Business Insurance?
A clear and complete understanding of all the risks you and your company may be subject to now or in the future is vital before you can truly appreciate which insurance needs you actually have. In some industries, where dangers and pitfalls are easily identified, this is a breeze. Other industries, however, may require you to do a little digging.
An established business may find themselves in the position that requires a reassessment of their current coverage. Most often, this position is brought about by the prospect of growth (development over time) making it mandatory to adjust some areas of coverage. No matter how long you have been in business, regularly evaluating the types of business insurance you have in place can provide substantial savings and a safe rate of growth.
If you have just launched a new business, there are several important considerations that need to be made when you first start exploring your business insurance options. These include:
- What needs does your business have?
- How do you implement service to your customers and clients?
- How many people work for you?
- Do any of your workers use heavy machinery, or drive in a business-related capacity?
- Do workers come in contact with any dangerous substances or materials?
- What do you need to do to make sure equipment and property are kept secure and compliant?
- Do you have protection in place for all existing and future assets?
- What steps do you take to protect intellectual property and maintain cyber security?
- Do company executives and officers face any risk?
BBG’s Business Insurance Services and Solutions
While it can definitely be said that all businesses are unique, each with its own style and needs, there are a few constants that remain across the board. The basics, such as saving time and money, as well as reducing risk as much as possible, are goals of virtually any business owner. At Business Benefits Group, or BBG, our experienced business insurance consultants can assist you with achieving all of these goals through assessing each possible risk from every angle. Business insurance services that we offer include:
- Commercial Auto Insurance
- DBA Insurance
- Directors and Officers
- Errors and Omissions
- General Liability
- Malpractice Coverage
- Property Coverage
- Request a Certificate of Insurance
- Umbrella Liability Insurance
Commercial Auto Insurance
Finding the right auto insurance can be a headache, with the many choices and options quite confusing to the layman. At BBG, we have access to a large portion of the carriers currently operating, as well as the experience on how to deal with them most efficiently. As a result, we can easily handle the entire process, so you don’t have to.
If you have any employees working overseas on a government contract, the Defense Base Act, or DBA, makes it mandatory that you obtain coverage for each one. If you fail to do so, you leave the door wide open to all types of devastating possibilities. These can include going to jail, losing your contract altogether, pricey fines and monstrous settlements awarded due to the injury or death of an employee.
The experience possessed by our business insurance professionals in dealing with government contractors is extensive. This allows us to provide guidance when it comes to dealing with the regulations and requirements set forth by various agencies. Most notable are the Department of Defense (DOD) and the Department of Labor (DOL). If you need to find out more information on this topic, please visit our page on DBA Insurance.
Directors and Officers
Companies whose officers and executives are exposed to claims of wrongdoing, both real and imagined, need to have Directors and Officers (D&O) coverage in place to protect them. This variation of claims has become more and more common over the last few decades, make it fairly common for even private companies to obtain it as part of their normal insurance acquisition process. This type of coverage is vital for providing the the protection needed to make irreplaceable officers safe and secure, if something does happen to go wrong. More information on this topic can be found on our Directors and Officers coverage page.
Errors and Omissions
No matter how hard we try to do things without making any mistakes whatsoever, human error is inevitable, not to mention extremely pricey. Unwanted liability issues can easily arise from situations where a defective product or service comes in contact with a customer or client.
This makes the protection of you and your company from the ghastly fines or damages that can arise from errors or omissions something that must be done. While we cannot keep the mistakes from happening, BBG’s insurance consultants can determine the proper amount of coverage that will fit your needs. More information on Error and Omissions can be located on its dedicated page.
General Liability, or GL, is the type of coverage that steps in if you have a situation that goes beyond the capabilities of your professional liability and auto policies. A wide swath of potential occurrences are covered by GL insurance. Our business professionals will analyze the potential risk your company faces, and advise on the type and level of coverage that will mitigate them effectively. Our purpose is to help get rid of your liability anxieties, all while saving you valuable resources and time. General Liability insurance is expanded upon further on its dedicated page.
Working as a doctor, nurse or other type of medical practitioner, can be equal parts demanding and rewarding. The former quality usually stems from the exposure to different types of medical malpractice claims. BBG’s insurance team understand this, and can quickly and easily help you determine which coverage will protect you, your practice and your assets, in case a malpractice claim is pursued. Please check out our Malpractice Coverage page for more info.
Tragic and unpredictable occurrences, such as a natural disaster, theft or vandalism, can make it extremely difficult to operate your business effectively. While we may not have the ability to see the future, our experience allows us to identify which situations your business may be subjected to, and recommend the coverage to match. This coverage can help you avoid unbearable loss if a severe situation strikes. For more information, please visit our Property Coverage page.
Umbrella Liability Insurance
Every once in awhile, a situation may occur that is so severe that it eclipses the capabilities offered by primary auto, GL or workers compensation policies. The type of coverage that handles these instances is Umbrella Liability Insurance. This coverage can be expanded as your exposure to risk increases, usually due to growth, and always contains a minimum that must be met before it can kick in. If you need additional info on Umbrella Liability Insurance, please visit our page dedicated to it.
Request a Certificate of Insurance
The best way to show someone that they are insured is to provide them with an official certificate of insurance. If you want to know more about how you can request one of these, please contact us, and we will get the ball rolling.
The satisfaction of all requirements for workers compensation is a task that should be taken very seriously by all companies. Since the outcomes of these types of claims can be extremely negative, our insurance consultants make sure that you completely and thoroughly grasp any government regulations that pertain to it. The most effective level of coverage at the most affordable rates are what our team members make it a point to help you acquire. To learn more, check out our Workers’ Compensation page.
Benefits of Our Business Insurance Services
As with all businesses, your goals are to give your customers a worthwhile service, all while making the best level of profit possible. We want to help you reach that goal, achieved by making sure you remain in complete compliance with government mandates and not under uninsured from any possible claims. Our experience in this industry means that you will have access to the best in both risk management and insurance policies available, vital in reducing risk and creating security.