Q: If I’ve met the FAR insurance requirements, is that enough?
A: Not usually. FAR requirements are only a baseline. Many contracts and business risks require broader coverage to stay fully protected.
Q: Is my government contracting business immune from liability?
A: Rarely. Immunity only applies in narrow cases. Most contractors still face legal exposure.
Q: What pitfalls should I avoid when protecting my company?
A: Don’t assume extra tasks are covered. If work isn’t listed in your contract or policy, claims may be denied.
Q: What factors affect my GovCon insurance premiums?
A: Your work type, contract size, employee count, and overseas operations all influence rates. Higher-risk work = higher premiums.
Q: How do insurance requirements differ for primes vs. subcontractors?
A: Primes usually have fewer requirements. Subcontractors often face stricter obligations passed down in contracts.
Q: What should I know about employees working overseas?
A: You’ll often need Defense Base Act coverage and added protections. Risks and costs increase once employees are outside the United States.
Q: How can an independent broker help my GovCon business?
A: A broker can clarify complex requirements, negotiate terms, and ensure cost-effective, compliant coverage.
A%20small%20park%20filled%20with%20benches.jpg?width=2000&height=1333&name=(Resized)A%20small%20park%20filled%20with%20benches.jpg)
