Charlottesville, VA Business Insurance

Scenarios that can have an adverse effect on your business’ activities and longevity are endless, a fact that has spurred the Business Benefits Group’s Insurance Division to provide the soundest service and advice possible to our clients. The core of our services is a dedication to protecting your valuable assets, and providing the best risk-management solutions available. Since we are an independent agency, we are able to reliably provide you with assistance on insurance claims, implementation, and renewal.

Charlottesville, VA Insurance Brokers

The professionals at the Business Benefits Group have found that a single-source approach is most effective, accomplished by integrating our Business Insurance Division with all of your company’s HR, Retirement and Benefits needs. Problems that can cause you to have to close your doors are rampant, and we arm you with the proper policy mix to defend your company effectively. We have a variety of business solutions available, no matter which area of business you are in.

Who Needs Business Insurance?

The first step in determining what type of insurance needs you have is a complete and thorough analysis of all the risks that your business is exposed to, as well as those it might come in contact with down the line. In some industries, the risks are fairly obvious; however, in others, you may need to dig a bit deeper.

Established Businesses

Every successful business grows, which may lead an established entity to reevaluate the coverage they currently have in place. With time comes development, which can cause the need for additional coverage to protect against these growth-related situations. If you have a complete understanding of what policies and coverage you have in effect at present, that will go a long way towards effectively growing your business experiences.

New Businesses

New business owners should always take the time to explore the different business insurance options that are available. Some of the most important considerations to make during this analysis, ones that will help discover the best plan for your business in specific, include:

• What needs does your business have?
• How is service provided to clients and customers?
• How many people do you employ?
• Is any business-related driving, or heavy machine operation, a part of anyone’s duties?
• Do employees handle any potentially harmful substances?
• What do you need to ensure compliance and safety in your location?
• What do you need to also provide this safety and compliance in your equipment?
• Are all of your company’s current and future assets sufficiently protected?
• Do you have plans in place for cyber security and intellectual property?
• Are any company officers subjected to risk?

BBG’s Business Insurance Services and Solutions

No two businesses are exactly alike, each having its own unique needs that must be addressed. However, no matter which industry you service, or the size of your company, certain desires remain constant. Important basics, such as saving time, money and cutting risk to your equipment and employees as much as possible are concerns of all businesses. Our highly experienced business insurance team understand that analyzing potential risks from every angle possible is the best way to help an organization achieve this goal. Services provided by Business Benefits Group include such necessities 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

A major advantage of using BBG’s services is that we represent a wide variety of different carriers, allowing us to do all the shopping and comparison of plans necessary. Finding the right policy can be a bit of a headache, so let us handle the burden so you don’t have to.

DBA Insurance

One part of the Defense Base Act (DBA) is the mandate that all companies that work on government contracts overseas must obtain the proper insurance coverage for their employees. The list of repercussions if your company does not is lengthy, and can include such penalties as imprisonment, fines, losing the government contract completely and exposing the company to civil lawsuits pertaining to any death or injury that happens on the job.

Our business insurance consultants have extensive experience helping contractors in similar situations. This allows us to give you the most expert advice and guidance on all of the requirements set forth by the U.S. Department of Labor, or DOL. We have also assisted many government contractors that do oversea work for the Department of Defense, or DOD. To gain more insight into DBA coverage, we urge you to check out our informational page on DBA Insurance.

Directors and Officers

If you come across a situation that deals with alleged or actual wrongdoing on the part of one of your directors or officers, Directors and Officers (D&O) Insurance is the policy that covers it. Given the sharp increase in these types of claims, it is becoming more and more common for even private companies to obtain this type of insurance. So much so, that the acquisition of D&O coverage has now become a normal part of the insurance process for most successful businesses. In the case that the unfortunate does occur, D&O insurance can make sure that vital company executives are protected from costly liability. To learn more about D&O insurance, please visit the pages we have dedicated to Directors and Officers coverage.

Errors and Omissions

Regardless of all of the steps your business may take to avoid them, errors by human employees are going to happen, and can be extremely costly. Extended liabilities can also come from mistakes that lead to a defective product being sent to a customer.

If you own your own business, you need to keep yourself and your valuable business protected from the costly fines and penalties that can stem from an omission or error made by one of your employees. Our highly-trained insurance specialists can assist you in finding and obtaining the coverage that fits your needs perfectly. For more information, please visit our Errors and Omissions page.

General Liability

When exposure to liability that goes beyond your professional or automobile coverage rears its ugly head, General Liability, or GL, insurance steps in to take up the slack. There is a virtually endless number of potentially libelous situations that can occur, which makes GL insurance a welcome asset. Our experts understand these risks, as well as how to identify them in relation to your business in specific. This way, we can mitigate the repercussions of these risks effectively. Our goal is to provide you with the way to save both time and resources, all while alleviating the anxieties that come with liability possibilities. If you need more information, please consult our dedicated General Liabilities page.

Malpractice Coverage

Few careers are as equally demanding and rewarding as being a medical professional. The different types of malpractice claims are extensive, potentially exposing you and your practice to unimaginable headaches. The professionals at Business Benefits Group have the experience that allows them to assist practitioners in finding the amount and type of coverage that will be sufficient coverage for all assets, if a claim is set forth. For more information on Malpractice Coverage, please visit its dedicated page.

Property Coverage

Unwanted and unforeseen situations, like floods, fires,vandalism or theft of company property can wreak havoc on your ability to operate successfully. While predicting the future may solely be the purview of science fiction, our extensive experience can help you locate the coverage needed to mitigate even the most serious of situations. To gain further insight into this area, please visit our dedicated Property Coverage page.

Umbrella Liability Insurance

If you come across a situation the exceeds even your general liabilities insurance, not to mention your auto or worker’s comp coverage, you need a specific type of policy called Umbrella Liability insurance. While there is a minimum amount needed to claim this type of coverage, it can be changed if you experience an increased risk of exposure to these types of claims. For more information on Umbrella Liability insurance, please check out its dedicated page.

Request a Certificate of Insurance

Proof of insurance is best accomplished by making the certificate of insurance available to a policyholder. If you need more information on how to get your certificate of insurance, please give us a call. We will happily take over the rest of the process for you.

Workers Compensation

Any business that employs even one person should take the requirements for workers compensation very seriously. Given just how costly a negative outcome can be, our consultants will break everything down completely, so you understand fully the regulations that deal with your area of business specifically. The best coverage at the best rate is something our team can help you acquire quickly and easily. To learn more about this type of coverage, please visit our Workers Compensation Coverage page.

Protect Your Business

Our longstanding list of clients trusts us with their insurance needs, an allowance that stems from their knowing that the protection of your business is our biggest priority. Once we analyze your business completely, we can advise you on which coverage specifically will mitigate any negative impact done to your business.