The Business Insurance Division found at Business Benefits Group prides itself at only providing the soundest in service and advice, a fact that is essential in our goal of providing you with the perfect coverage to satisfy any situation. Protecting all of your assets, as well as giving you the best in risk-management solutions, are both activities that stand at the core of our philosophy. Working as an independent insurance broker agency, we can provide you with assistance with claims processes, implementing your new insurance and renewing it when it is time.
Fairfax, VA Insurance Brokers
Once we integrate all of your HR, Benefits and Retirement needs with our Business Insurance Division, we can greatly increase the protection you need using a single-source approach. We will provide you with the correct mix of policies to defend you and your valuable company from any type of threat you may encounter. The vast number of business insurance solutions we make available will go a long way towards protecting you and your company’s future.
Who Needs Business Insurance?
Prior to understanding exactly what your insurance needs are, a complete and thorough examination of the risks you may come in contact with must be performed. In some industries the potential risks may be quite apparent; however, many areas of business need you to dig a bit deeper.
An established business may, from time to time, need to reevaluate their coverage to take into consideration factors that may pop up when they grow. This is a common practice, with many corporate executives understanding that company development may bring about added risks that must be addressed. These evaluations can not only ensure that your company grows safely; they can also provide valuable savings in many cases.
New business owners who are launching their exploration into the different business insurance options available to them should always take into account a few key considerations. Doing so can lead to the selection of the best plan for their business, and include:
- What are the specific needs of your business?
- How are your services and products provided to customers?
- How many employees are on your staff?
- Do any of your workers use heavy machinery, or drive in a work-related capacity?
- Do employees handle any hazardous material?
- What do you need to make sure locations and equipment are kept safely and in compliance?
- Are your company’s assets, both current and future, safe and secure?
- What steps does your company take in regards to the safeguarding of intellectual property and cyber security?
- Are company executives exposed to any kind of risk?
BBG’s Business Insurance Services and Solutions
Each business in operation is different, having needs unique to the individual style and operation of its employees. But no matter how big your company is, or in what industry you operate, you undoubtedly want the basics, such as saving time and money, as well as reducing risks as much as you can. The vastly-experienced professionals here at the Business Benefits Group (BBG) can greatly assist business owners in attaining this goal, done by doing a thorough analysis of all potential risks from all angles. Offerings provided by our full business insurance services 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
Part of our resources include a wide variety of insurance carriers, which makes us able to compare and shop for the best commercial auto insurance plans for your company. As we are consummate professionals in performing this type of search, allow us to manage it, so you don’t have to.
One of the mandates contained in the Defense Base Act, or DBA, is that all contractors working on overseas government contracts and projects must make sure all personnel has adequate insurance coverage. Contractors that opt to forgo this acquisition can be faced with a variety of serious penalties, such as imprisonment, fines, litigation for claims stemming from work-related injury, or death and the loss of the originally-awarded contract.
Our insurance specialists have tons of experience providing the extensive support needed by contractors working for the U.S. Government, and can expertly guide you through the maze of requirements laid down by the Department of Labor (DOL) and the Department of Defense (DOD). To gain further insight into DBA coverage, please check out its informational page.
Directors and Officers
Directors and Officers, or D&O, coverage is the area that deals with shielding single directors or officers, as well as the entire company, from liabilities that may stem from real or imagined wrongful acts by said individuals. Due to the increasing rise in this sort of claim, it is becoming more and more common for even private companies to acquire this insurance. If you are interested in finding out more about D&O insurance, please feel free to visit its dedicated page.
Errors and Omissions
While every business owner and employee usually takes great strides to ensure they perform without mistakes, it is inevitable that some things can slip through the cracks. These instances can be extremely costly, especially if it involves sending a defective product to a customer. This can open the door to all kinds of nasty repercussions, including litigation.
As a result, it is of vital importance for owners to shield themselves and their companies from the monetary judgments that can arise from omission or error. Our highly-trained insurance consultants can greatly assist business owners in finding the perfect coverage to match their needs. More information on coverage can be found on the Errors and Omissions page.
General Liability, or GL, insurance is responsible for the protection of your business’ commercial interests in situations that go above and beyond what is covered by standard professional and auto insurance. This type of coverage protects a business from a broad list of possible liabilities, bringing with it a sense of security that you are protected, no matter what. Our insurance pros understand how to pinpoint these risks, so you can acquire the proper amount of coverage to combat them. We aim to bring down your liability anxieties, all while saving you resources and valuable time. Please check out our General Liability insurance page if you would like further information.
Working in the medical field can easily be equal parts demanding and fulfilling. Doctors and other medical professionals can expose themselves and their practices to a variety of different malpractice claims. Our malpractice insurance advisors can assist practitioners in determining which type and amount of coverage is needed to shield all assets in the case that a patient pursues a claim of malpractice. Please check out our Malpractice Coverage page for additional info.
Unwanted and unforeseen tragedies, such as flood, theft or fire, can wreak havoc with virtually any type of company. Predicting the future is, of course, impossible; however, our insurance professionals can advise on the best policy, no matter which of these events can potentially happen. This coverage can help you to avoid the devastating losses and pricey setbacks that severe situations can bring. More information on this can be found on our Property Coverage page.
Umbrella Liability Insurance
Umbrella liability coverage is the targeted insurance that protects policyholders from claims that go above and beyond the limits of their main general liability, auto or worker’s comp coverage. This is extremely valuable coverage, and while it does contain a minimum for it to step in, it can be expanded as your risk increases. Additional information can be found on our Umbrella Liability Insurance page.
Request a Certificate of Insurance
The best way to prove that a person is insured is providing a certificate of insurance to the holder of the policy. If you want to learn more about the process of requesting a certificate of insurance, please do not hesitate to contact us.
Few things are more important than satisfying all worker’s compensation requirements for your business. Due to how negative the potential outcomes can be, our consultants take advising you on all regulations and strictures that deal with your field very seriously. Once armed with this information, we can advise you on the appropriate level of coverage for your business, at the best possible price. If you would like to learn more, please visit the page dedicated to Worker’s Compensation insurance.
Benefits of Our Business Insurance Services
The reason behind your company’s existence is to provide a valued service, all while remaining profitable. Our insurance professionals understand that and are eager and ready to help you achieve that goal. It is easy for a failure of compliance with regulations set forth by the government, or a lack in adequate coverage, to expose your company to serious risks that can put you into a very vulnerable position. The goal of our Business Insurance Division is to make sure that all of the appropriate policies and risk management solutions are in place, which will make great strides in the never-ending quest to keep your business as secure as possible.
Protect Your Business
Our long list of clients have entrusted us with all of their insurance needs, because they realize our top goal is the protection of their business interests. Once we complete our thorough analysis of your business, we can easily advise you on which policies will work best for you and your company.
Request a consultation with the professional benefits consultants at Business Benefits Group to get started and improve your employee benefits plan.Speak To A Benefits Consultant