Our most important goal is to provide your business with the proper coverage for any situation that may come up. To accomplish this goal, Business Benefits Group’s Business Insurance Division offers only the best in service and advice for all things insurance related. At the core of what we do lies a deep desire to make sure your assets are protected, and that you are armed with the best in risk-management solutions available. Operating as an independent insurance broker, we can reliably provide you with assistance with insurance claims, implementation, and renewal, when the time comes.
Falls Church, VA Insurance Broker
Once we have finished integrating our Business Insurance Division with the needs of your HR, Retirement and Benefits, we can effectively maximize the protection you need, all from a single source approach. We make sure that you are armed with the correct mixture of policies that can defend your company against serious threats, even ones that could end up making you close down shop. This mixture of policies and service are effective at helping any type of business.
Who Needs Business Insurance?
Before you can begin to understand what insurance needs your business has, you must first perform a thorough analysis of what risks your company faces now, or will in the future. With some areas of business, these risks are fairly obvious; however, with other industries, it may take a little effort.
When it comes time for your established business to grow and expand, a reassessment of your current coverage may be in order. New and unexpected factors may come into play as the size of your business increases, making it necessary to take another long look at what you are covered for under your current policy. These regular evaluations can not only assist your company through expansion and safe growth, they can also end up saving you quite a bit of money in the long run.
New business owners, looking into their business insurance options for the first time, should always keep a few key questions in their mind. Some of the most important of these include:
- Is any employee driving or operating heavy machinery part of your operation?
- How big is your staff?
- What kinds of materials do employees handle or come in contact with?
- Are all of your company’s current and prospective assets protected completely?
- Are any of your corporate offers at risk?
- How does your business manage its intellectual property and cyber security?
- What do you need to do in order to keep property and equipment completely compliant and safe?
- How is service provided to your clients and customers by your company?
- What are the primary needs and requirements of your company?
BBG’s Business Insurance Services and Solutions
No two business are exactly the same, with each possessing its own unique wants and needs that must be addressed. But no matter what your business’ industry or size is, all of them want to make money, conserve time and reduce risks as much as possible. The highly-trained and experienced business insurance professionals here at The Business Benefits Group (BBG) can thoroughly analyze risk from all angles, a great help in achieving your goal. Our comprehensive insurance services include helpful offerings, such as:
- 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
Shopping for, and comparing, different commercial auto insurance coverage can be a pain, something that our team understands completely. As we represent a wide variety of carriers, let us shoulder this burden so you don’t have to.
The Defense Base Act, or DBA, mandates that any company working on an overseas government contract must acquire adequate coverage for all personnel. Failure to do so can result in a number of penalties, including jail time, stiff fines, loss of contract and even large civil settlements for employees that are hurt or killed.
Our business insurance professionals have had quite a bit of experience helping government contractors, a fact that has culminated in the ability to give proper guidance dealing with the strictures set forth by both the U.S. Dept. of Labor (DOL) and the Dept. of Defense (DOD). If you need more info on DBA coverage, please review our page on DBA Insurance.
Directors and Officers
If an individual officer or director is accused of a wrongful act, Directors and Officers (D&O) is the coverage you will need to protect both them and the rest of your organization. These types of claims are becoming more and more common, leading to the need for many companies, even private ones, to acquire this type of coverage.
This sharp spike in these types of claims is so pronounced, that most companies have instituted it into the normal and routine insurance acquisition process. Unfortunate circumstances have a tendency to pop up when you least expect them, making the protection that D&O insurance can offer such a valued one. If you would like to learn more information, please do not hesitate to visit the dedicated page for D&O coverage.
Errors and Omissions
While every business owner and employee makes every effort to function perfectly, human error is bound to happen. Not only can this wreak havoc with the operation of your organization, it can carry with it a hefty price tag. This is most often seen when the mistake involves sending a defective product to a customer, the liability issues that result are many times of astronomical proportion.
As such, all business owners need to make sure that they and their company are completely sheltered from the ghastly fines or damages that can be handed out due to omission or error. Our highly-qualified business insurance consultants have much experience handling these types of nightmares, and can assist you in finding the exact coverage you need for maximum protection. To understand this area further, please visit our Errors and Omissions page.
If you have a situation crop up that exposes you to liability above and beyond the limits of your commercial, auto and professional liability coverage, you need to have General Liability, or GL, coverage to step in and protect your business’ commercial interests. GL insurance covers a wide range of situations, enabling that sense of security that comes from knowing you are shielded from all angles. Our competent insurance professionals know exactly what to look for when identifying these potential risks, which makes them able to advise on the best coverage to mitigate them. For additional info, please look at our page on General Liability insurance.
Few professions can be as equally demanding and rewarding as working in the medical field. The joy of helping people and making them more healthy can be tarnished by the numerous type of malpractice claims that can spring up. BBG’s malpractice insurance team is extremely adept at pinpointing areas of weakness in your coverage, and determining what is needed to make sure you, your practice and all your other valuable assets are kept sheltered from harm. Please check out our Malpractice Coverage page for added info.
Tragedy, such as a flood, fire, thievery or malicious property damage can strike at any time, and devastate your business and assets. While no one is capable of predicting what will come in the future, our consultants have the experience to identify these possibilities, and acquire the appropriate amount of property coverage. This coverage is instrumental in bypassing costly setbacks, and even total closure if something more extreme takes place. If you would like to learn more about this, please visit the page on Property Coverage.
Umbrella Liability Insurance
If a situation occurs that is so severe that it exceeds not only your primary auto or worker’s comp insurance, but also the extended GL coverage you have, you will need to make sure that you have an Umbrella Liability policy to step in. This type of coverage is only used for extreme situations, and has a minimum that must be met in order to kick in. However, if you find your risk increasing as you grow, you can always expand the coverage to match it. We urge you to check out our Umbrella Liability page for more info.
Request a Certificate of Insurance
Proving that a client has insurance is most easily done by giving them a certificate of insurance. If you need more information on this process, give us a call. This will allow us to launch the easy process, and handle it in its entirety.
One of the most important areas of insurance that needs to be taken with the utmost seriousness is worker’s compensation. The outcomes for an under insured business are especially nasty, a fact that makes it especially important for our consultants to make sure you clearly understand the regulations that cover your area of business. We can then take that information and help you find a policy that fits your needs, all at a price tag that is easy to handle. If you want to learn more, please visit the dedicated page for Worker Compensation insurance.
Benefits of Our Business Insurance Services
As with most successful businesses, your goal is likely to provide a worthy service or product, all while staying as profitable as possible. Our dedicated team of professionals understands this and have a driving desire to help you achieve it. It is easy to find you or your business in an uncomfortable and vulnerable position if you stay under insured or fail to adhere to any applicable government regulations. We possess the knowledge and understanding needed to keep you insured, and remain compliant with all legal areas.
Protect Your Business
Our dedication to protecting your business has led to a longstanding clientele that trusts us with their needs completely. Once we perform a discerning analysis of all aspects of your business, we can make the recommendations on the coverage policies that are needed to mitigate any negative impacts that can result from any type of tragedy.
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