Washington, DC Business Insurance

One of the facts about doing business is that unforeseen circumstances can happen at virtually any time. The Business Benefits Group’s Business Insurance Division understands this, which has led to our providing the best in advice and service to make sure your company has the coverage it needs. At the core of our business model lies a desire to protect all of your valuable assets and provide you with the most effective risk-management solutions possible. Our Washington, DC Insurance Brokers make it our goal to take care of the whole insurance process for you, from implementation, to claim, to renewal.

Washington, DC Insurance Broker

At Business Benefits Group, we have found that a single-source approach is most effective, accomplished by combining our Business Insurance Division with the needs of your HR, Retirement and Benefits departments. Disasters that could potentially cause you to close down are kept at bay by the perfect mix of policies we arm you with. Since owning a business is fraught with perils enough, our variety of business-insurance solutions, useful in addressing the needs of any company, are most welcome for the peace of mind they can bring. Our status as a Washington, DC Insurance Broker capable of delivering the best results is well earned.

Who Needs Business Insurance?

Understanding exactly what your risks are, or what they could become down the line, is a vital first piece of the puzzle, and must be done before you can accurately decide which insurance you need. Depending on what type of industry you operate in, this could be clearly defined, or may take some digging to fully understand.

New Businesses

If you have just decided to launch your career as a business owner, there are several key considerations to make before you decide on which insurance to obtain.

• How many people are on staff?
• How does the business provide service to its clients/customers?
• Do your company’s corporate officers face any risks?
• What is needed to ensure that your equipment is safe and in compliance?
• Do employees drive for business-related reasons or operate any form of heavy machinery?
• What materials and/or substances do employees handle directly?
• What is needed to ensure that your location(s) are safe and in compliance?
• How is your business managing cyber security and intellectual property?
• Are your organization’s current and future assets protected?
• What are the actual needs of the business?

Established Businesses

All successful businesses grow, which may bring about the need to reassess your coverage based on projections of what can happen as your business expands. An accomplished business understands that these evaluations are important, to make sure new situations do not cause circumstances not covered by existing policies. A regular evaluation of your needed business-insurance coverage can go a long way towards saving you money and growing as safely as possible.

BBG’s Business Insurance Services and Solutions

No two business are exactly alike, with small quirks and practices making it unique among all other players on the field. However, no matter how you conduct your business, or what industry you are playing in, the goals of making money, saving time and cutting risk potential are always there. The Business Benefits Group (BBG) provides a fresh and professional perspective, giving you a much needed boost in the capability to look at risks from all angles. Some of the business insurance services we provide include:

• Errors and Omissions
• Request a Certificate of Insurance
• DBA Insurance
• General Liability
• Property Coverage
• Commercial Auto Insurance
• Malpractice Coverage
• Directors and Officers
• Umbrella Liability Insurance
• Workers Compensation

Errors and Omissions

No matter how hard you and your employees try, human mistakes and errors are an inevitability. These errors can be extremely costly, especially when dealing with a defective product or service being delivered to a client. These types of situations can bring with them fines, monetary damages and other unwanted nightmares.

As such, all business owners need to make sure that they, and their organizations, are completely covered from liabilities stemming from errors or omissions. At BBG, we make it our point to help you decide on, then ultimately acquire, the proper amount of coverage for your needs in specific. For additional information, please visit the dedicated page for Errors and Omissions.

Request a Certificate of Insurance

Proof of insurance is needed in many situations, and is most commonly presented in the form of a certificate of insurance. If you want to know more about how you can request a certificate of insurance, give us a call. Once the process has begun, we can handle the rest.

DBA Insurance

If your company handles government contracts, the Defense Base Act (DBA) requires that you provide insurance coverage for any employee that works on one, if they are working overseas. Failure to acquire this type of coverage can lead to all kinds of nasty penalties. These include jail time, fines, loss of the government contract and any monetary claims that arise from virtually any type of job-related injury or fatality.

These facts make our extensive experience working with government contractors extremely helpful, and we can help expertly guide you through each of the requirements set forth by the U.S. Dept. of Labor. Our experience also extends to those working overseas on contracts awarded by the DOD, or Department of Defense. If you would like more in-depth information on this topic, please visit our extensive page titled DBA Insurance.

General Liability

Sometimes standard automobile or professional-liability insurance just cannot cover all claims, which is where General Liability (GL) steps in to protect you. This type of coverage provides protection from a broad spectrum of liability issues, giving you that sense of security that comes from knowing your insurance has your back, no matter what happens. We understand which types of insurance are needed to mitigate different types of situations, an area our business-insurance specialists are eager to advise you on. Our focus is not only assuaging any liability anxiety you may have, we are also proud to save you valued time and resources as well. Additional information on this type of coverage is available on our General Liability page.

Property Coverage

Serious tragedies, such as a fire, theft or natural disaster, can happen with no warning at all, and can be extremely harmful to any type of business. While forewarning of these types of situations may be impossible, our consummate professionals take into consideration what could happen, and help you obtain the property coverage needed to shield you from a devastating loss. More information can be found on our Property Coverage page.

Commercial Auto Insurance

BBG deals with most major insurance providers, which allows us to shop around for the best commercial auto insurance plans for your needs specifically. As this can be an aggravating task, our team is happy to step in and take it over, saving you from the unwanted headaches it usually brings.

Malpractice Coverage

One of the most rewarding and demanding fields to work in is the medical field. Professionals in this field, as well as the practices they operate, can be exposed to a number of different types of malpractice claims. Our team of malpractice specialists will analyze your practice and advise you on which type of policy will cover you, your practice and all of your other valuable assets, in the case that a malpractice claim is brought to bear. More information on this topic can be located on our Malpractice Coverage page.

Directors and Officers

At times, a company executive may be accused, or actually responsible, for wrongful acts, which can leave the organization and its officers open to liability. This type of situation is where Directors and Officers (D&O) coverage truly shines. A noticeable rise in these types of claims has made it a common occurrence for businesses of all sizes to acquire this type of insurance.

These types of claims have become so numerous, in fact, that a large swath of the corporate world has made acquiring D&O insurance a standard part of the insurance-acquisition process. Officers make mistakes just like employees do, which makes D&O insurance a lifesaver in case of any unfortunate circumstances. If you want to learn more about this type of coverage, please see our Directors and Officers page.

Umbrella Liability Insurance

Sometimes the situation your business is going through can exceed the limits of your general liability, primary auto and worker’s compensation coverage. The specific type of insurance needed in these types of scenarios is called Umbrella Liability insurance, and is something we are proud to help your company acquire. While Umbrella Liability insurance, certain limits are in place; however, the extent of your coverage can always be expanded as your risk increases. Take a look at our Umbrella Liability Insurance page for additional information.

Workers Compensation

No matter which industry your business is a part of, it is always extremely advisable to make sure all workers-compensation requirements are satisfied. Given just how severe and costly workers-compensation claims can be, we ensure that you completely understand each and every regulation that applies to your area of business. We concentrate not only on making the appropriate coverage part of your business-insurance strategy, we do so at the most affordable premiums. Check out our page on Workers Compensation, is you would like to know more.

Benefits of Our Business Insurance Services

The goal of any for-profit business is to provide a worthy service to its customers, all while generating a healthy profit. Our business-insurance specialists understand that your company is no different, and helps you in any way they can to achieve this goal. No more effective way exists to put your company in a vulnerable position as failing to comply with government regulations on insurance, or keeping yourself without adequate coverage. This is where our Business Insurance Division truly shines, with an analysis of exactly what your business needs and which solutions, when applied, would create minimal risks and enhanced organizational security.

Protect Your Business

Our clientele knows that our main priority is keeping your business safe from all potential harm, something that has led to many longstanding and prosperous relationships. Once we analyze your company in depth, we will advise you on only the best in coverage, vital to the mitigation of any unwanted occurrences that can rear their ugly heads. Contact BBG online today for more information.