Real Solutions for Real Contractors
Case Studies
See how we\'ve helped Bergen County construction companies overcome insurance challenges and achieve their business goals.
Our Track Record
Measurable results for Bergen County contractors
$2.3M
Claims Recovered
$850K
Annual Savings
45%
Avg Premium Reduction
100%
Client Satisfaction
Reducing Risk & Premiums for Large GC
!The Challenge
A $50M revenue general contractor faced 40% premium increases due to three workers comp claims. Their experience mod had risen to 1.35, making them uncompetitive on bids requiring insurance documentation.
✓Our Solution
We implemented a comprehensive safety program, negotiated with carriers using detailed loss analysis, and restructured their coverage across multiple carriers. We also established a formal return-to-work program and quarterly safety training.
The Results
32%
Premium Reduction
1.35 to 0.98
Mod Rate Improvement
$67,000
Annual Savings
75% over 2 years
Claims Reduction
"Midland Associates didn't just find us cheaper insurance - they transformed our entire approach to risk management. The savings let us bid more competitively and win larger projects."
— Client, CEO
New Electrical Contractor Startup Success
!The Challenge
A newly licensed electrical contractor couldn't get affordable coverage due to lack of business history. Multiple carriers declined or quoted prohibitive rates, threatening their ability to bid on projects.
✓Our Solution
We leveraged the owner's 15-year employment history and certifications to secure coverage with a carrier specializing in new ventures. We structured a growing coverage program that expanded limits as revenue increased.
The Results
From 0 to 5
Carriers Quoting
$8,500
First Year Premium
$2M/$4M GL
Coverage Limits
300% Year 1
Business Growth
"Without Midland Associates, I couldn't have started my business. They found coverage when everyone else said no, and helped me grow from a one-man operation to 8 employees."
— Client, Owner
Fighting Denied Roofing Claim
!The Challenge
A roofing contractor faced a $150,000 denied claim for wind damage to a completed commercial roof. The carrier claimed improper installation, threatening the contractor's reputation and finances.
✓Our Solution
We brought in an independent adjuster, compiled weather data, installation photos, and manufacturer specifications. After three appeals and negotiations with carrier executives, we proved the damage was from an uncovered wind event, not workmanship.
The Results
$142,500
Claim Recovery
4 months
Time to Resolution
$25,000+
Legal Fees Saved
No cancellation
Coverage Retained
"Midland Associates saved our business. They fought harder for us than we could have fought for ourselves, and their expertise made the difference between bankruptcy and success."
— Client, President
Multi-State HVAC Coverage Solution
!The Challenge
An HVAC contractor expanding into NY and PA struggled with different state requirements, multiple policies, and compliance issues. They were overpaying for redundant coverage and missing required endorsements.
✓Our Solution
We consolidated their coverage under a single master policy with state-specific endorsements, ensuring compliance across all jurisdictions. We also negotiated multi-state discounts and streamlined their certificate management.
The Results
From 7 to 1
Policies Reduced
$31,000
Annual Savings
100% Resolved
Compliance Issues
15 hrs/month
Admin Time Saved
Protecting High-Value Excavation Equipment
!The Challenge
An excavation company with $2M in equipment faced coverage gaps and high deductibles. A recent $200,000 equipment theft claim was partially denied due to policy limitations they didn't know existed.
✓Our Solution
We restructured their equipment coverage with agreed value policies, reduced deductibles, and added coverage for rented equipment. We also implemented GPS tracking discounts and job site security protocols.
The Results
$2.2M Full Value
Equipment Coverage
$10,000 to $2,500
Deductible Reduction
Only 8%
Premium Increase
GPS tracking installed
Theft Prevention
"After our theft claim nightmare, Midland Associates made sure we'll never be underinsured again. The GPS tracking discount almost paid for the better coverage."
— Client, Operations Manager
Securing Bonds for Growing Concrete Contractor
!The Challenge
A concrete contractor couldn't get bonding for a $3M municipal project due to limited financial history and previous bonding capacity of only $500K. This was preventing them from growing into larger projects.
✓Our Solution
We worked with SBA-backed surety programs, prepared detailed financial presentations, and leveraged their strong project completion history. We also arranged a gradual bonding increase program tied to successful completions.
The Results
$500K to $3M
Bonding Capacity
$2.8M Municipal
Project Won
250% in 18 months
Revenue Growth
1.5% (competitive)
Bond Rate
Ready to Write Your Success Story?
Let us analyze your current coverage and show you how we can improve your protection while reducing costs.