The Business Benefits Group’s (BBG) Business Insurance Division prides itself on is its ability to provide the solid advice and services for each company that it serves in the Arlington area. Many businesses have gravitated to Arlington, in part, because it is the second-largest city in the Washington D.C. Metropolitan area. It is also in the top five cities in the entire United States in terms of median income. Businesses all over the area have been able to take full advantage of our reputation as a dependable Arlington, VA Insurance Broker.
Who Can Benefit From Our Services?
Whether you are a brand new business, just opening the doors for the first time, or an established entity that has been providing goods or services for years, acquiring the proper amount and type of insurance coverage is a must. To understand which policies and amounts you will need, you must take a close look at the different hazards and strictures that are inherent to your business, both directly and indirectly. While an established business may be familiar with these types of factors, an increase in growth or development may change these factors over time.
BBG understands this need, and has become extremely familiar with the needs and requirements of many various industries, allowing us to provide relevant advice on specific policy recommendations. New business or old, BBG’s Business Insurance Professionals will provide recommendations to help you be armed with the most suitable coverage for virtually any situation that may arise.
Arlington, VA Insurance Broker Services
While the basics, such as making money and reducing risk, are inherent to virtually every type of business, each industry or field has factors that are unique. BBG offers a full spectrum of helpful services that deal with different types of policies that might have an impact on your business. Read on to learn more about the areas that can impact Arlington businesses specifically.
Arlington, VA is home to the headquarters of some of the biggest and most powerful institutions in our government and military, including the Department of Defense, which is headquartered in the Pentagon building, the Drug Enforcement Agency, and the Transportation and Safety Administration. As such, many smaller businesses deal directly with these giants, in one capacity or another, which leads to an overwhelming need for a specific type of insurance: Defense Base Act (DBA) Insurance.
DBA mandates that all contractors that work on government contracts overseas acquire insurance coverage for each employee working abroad. DBA Insurance is meant to mimic workers compensation insurance available to those working in the United States. The costs for this insurance can, as long as they are reasonable, be reimbursed through the contract that has been awarded. Failure to acquire this type of coverage for each employee can lead to a string of nasty repercussions, including loss of contract, civil suits, and even prison time.
Commercial Auto Insurance
Arlington is home to many major roadways that make it a hub of transportation and commerce. As such, most businesses in Arlington have employees that drive or operate heavy machinery, making the acquisition of proper commercial auto insurance a must. As the seemingly countless choices for auto insurance can be confusing, BBG’s Business Insurance Professionals’ ability to skillfully navigate the landscape to find you the most beneficial coverage is a welcome and helpful asset.
Due to the corporate nature of many of the businesses found servicing the public and the government in Arlington, Directors & Officers, or D&O, Insurance is fast becoming a routine acquisition for many businesses. D&O Insurance protects the executives in your business, and your business itself, from any suggested or actual misdoings that may occur.
When a situation arises that exceeds the limitations of your business auto or professional liability policies, General Liability insurance steps in to pick up the slack. The Business Insurance Professionals at BBG are adept at understanding the likely scenarios that could happen to different types of businesses, and they can advise you on the amounts and types of coverage that you are most likely to need.
Workers’ Compensation Insurance
If you have employees that work in the United States, whether it be for a government or private contract, it is essential to the success of your business to acquire Workers’ Compensation Insurance. Government mandates and regulations change from field to field, making it extremely helpful to have a team of professionals standing ready to help you find the policy that is right for your business.
We Protect Your Business
Remaining either uninsured or underinsured, is a prime way to potentially subject your organization to threats that could very easily cause you to shut your doors completely. BBG understands this need, and works hard to make sure that your business is protected in a cost effective manner. Whether you are just launching your career as a small business owner, or you have worked tirelessly to build an established entity, we invite you to contact us to find out how we can help your business succeed even further.