“They have a deep understanding of the real estate business and the nuances of government processes of each county in their territory. They have successfully helped our company navigate the complicated real estate entitlement process and complete our buildings on time and on budget.”

– Michael Sheedy, Senior VP, Development
Preston Scheffenacker Properties

"IA is more of a partner than a service provider. They are an integral part of day to day operations and our overall strategic planning. The dedication and attention they afford us has been invaluable to our success and continued growth."

- Josie M. Geiger, Vice President
Contractor: Bowers

"We have found the knowledge possessed by IA of the surety industry and the Greater Washington DC construction marketplace to be unparalleled, even when compared to the national brokerage firms."

- Mike Burlas, CFO
Contractor: Miller and Long

"We have relied on IA to provide us with an insurance program that we value as an intricate part of our business model. They have delivered for us."

- Michael B. Goheen, CFO
360 H Street, Washington, DC
Owner: Steuart Investment Company

"When I first started with my company they were already working with IA. Now over 5 years later and several benefit changes later the people at IA continue to provide me with the service I have come to appreciate."

- Denise Roberts, Director of Human Resources
Government Contractor: AOC Solutions
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Rockville Office:
Fairfax Office:
Laurel Office:
Towson Office:
21 Church Street, Suite 100
10201 Fairfax Boulevard, Suite 500
7901 Sandy Spring Road, Suite 102
305 W. Chesapeake Avenue Suite 204
Rockville, MD 20850
Fairfax, VA 22030
Laurel, MD 20707
Towson, MD 21204
Phone: 301.838.9400
Phone: 703.352.7333
Phone: 301.369.9155
Phone: 410.825.7360


Insurance Associates

Insurance Associates is a full service agency. We provide clients with a complete array of services including surety bonding, commercial insurance, risk management, employee benefits, life and personal insurance coverage. Our Employee Benefits Division is proud to announce our latest partnership with United Benefit Advisors (UBA). This partnership will allow our clients to experience the comfort of working with a local advisor and the confidence that comes with the backing of a national organization. Being a partner in the UBA network enables us to share wisdom and harness the collaborative power of thousands of benefit experts throughout the nation and use this information to help our clients.

IA Blog

Things to Consider When Purchasing Builders Risk Insurance

Things to Consider When Purchasing Builders Risk InsuranceBuilder’s Risk Insurance tends to be one of the most confusing policies to implement for most Contractors and Owners.  As is the case with insurance on construction projects, the first consideration should be to carefully review the terms of the Construction Contract/ Agreement to be certain that the policy/coverage/terms purchased are in compliance. The Named Insured(s) should include the Contractor and the Project Owner and/or anyone else having a financial interest in the structure.  It is also important to decide which party will be listed as Read More...

Proud to be a Top Workplace

Proud to be a Top WorkplaceOur agency is excited to announce that in June this past year we were named a Top Workplace in The Washington Post.  This is our second year in a row that we are pleased to have won this honor.  We were ranked 17th out of 70 small businesses in Washington DC metro region.  This title was bestowed upon our agency by a survey that was conducted by a third party company, Workplace Dynamics, which surveyed the level of workplace satisfaction among our employees. We are proud Read More...


CONTRACTORS:  ARE YOU CONSIDERING BUYING A DRONE?Drones are becoming more popular, especially with larger contractors.  They can be a great tool to give an overview of jobsites and showcase the progress of work.  They are also being misused in some cases so one must be cautious in their use.  Therefore, one must be aware of guidelines and restrictions and utilize common sense. First, if you purchase a drone for your company, be aware that they are excluded for General Liability, under the Aircraft Exclusion.  You need to contact your agent to obtain Read More...

What Do You Mean My Theft Claim Is Not Covered??

What Do You Mean My Theft Claim Is Not Covered??Several months ago it was discovered that the president of a medium-large sized payroll company embezzled millions of dollars of clients’ payroll taxes that the owner stole instead of remitting them to the IRS or state & local tax authorities. The worst part was that this loss was not covered by the clients’ crime/fidelity policies, since the payroll company nor its owner were employees of the clients.  Neither was there coverage under the payroll company’s crime policy, since standard policy wording excludes theft by the owner Read More...

Job-Site Security: Video Surveillance

Job-Site Security: Video SurveillanceIf you own or operate a construction site, you know that theft is a major and costly concern. In fact, it’s estimated that more than $2 billion in construction equipment and copper electrical components like tubing or wiring is stolen each year. According to the National Equipment Register (NER), heavy equipment theft has been on the rise the past couple of years with 11,625 thefts being reported to law enforcement in 2014. The cost of being the victim of construction theft runs deeper than just the Read More...

Builders/Developers: Surety Bonds are your Best Option to Guarantee Improvements

Builders/Developers: Surety Bonds are your Best Option to Guarantee ImprovementsMany political jurisdictions have statutes that require an owner or developer of real property to post financial security to guarantee the completion of designated improvements as a precondition to granting a construction permit or to allow the recordation of a final parcel map. There are various ways to satisfy the financial security obligation, including: Cash Deposits Irrevocable Letters of Credit Surety Bonds (Subdivision/Improvement Bonds) The tool that should be seriously considered by all builders and developers is the use of surety bonds issued by licensed sureties, obtained Read More...

Landscape of Small Group Plans is Changing – What are Your Options?

Landscape of Small Group Plans is Changing – What are Your Options?As we progress further into 2016, we have observed significant changes to medical products offered by the carriers who insure small groups.  Complicating matters is the fact that, not only are products changing, but the previous products are no longer available.  This has put small businesses in a bind and has left them to juggle conflicting goals of keeping costs in line with their budget while still providing employees with what will be perceived as a strong benefits package. With the advancement of the Affordable Care Read More...

Cyber Liability For Contractors - Credit card information isn’t the only data at risk

Cyber Liability For Contractors - Credit card information isn’t the only data at riskMany contractors believe that they have little exposure to cyber-crime if they don’t take credit cards or store credit card data. Unfortunately, hackers have many ways to profit from your information once they’ve gained access to your computer system. Why contractors need to be concerned It’s not just large financial institutions or retailers that get hacked. In fact, Verizon’s "Data Breach Investigation Report" states that 85% of targets are small businesses. There are a number of reasons hackers may want to gain access to your systems, including: Access Read More...

IA Wellness Initiative

IA Wellness Initiative The idea that physical activity is important to health is not new. Ancient physicians and scholars believed it and Hippocrates wrote about it.  Regular physical activity comes with a wide range of benefits: weight loss, stronger muscles, healthy bones, and increased mood.  There is also a reduced risk of many diseases such as coronary heart disease, Type 2 Diabetes, and colon and breast cancer [1].  But did you know that physical activity can also improve your productivity?  Regular physical activity has been shown to make Read More...

Insurance Associates is excited to partner with United Benefit Advisors

Insurance Associates is excited to partner with United Benefit Advisors We are proud to be joining United Benefit Advisors (UBA) and the nearly 140 benefit consulting firms throughout the United States. Insurance Associates, Inc. is uniquely prepared to share our wisdom with employers who want the assurance that they are making informed choices that improve the lives of their employees and families. Our UBA affiliation also supplies us with a number of proprietary solutions that include the nation's largest health plan benchmarking survey, compliance and HR-focused solutions to employers. This gives our firm knowledge of Read More...

What Your Company Needs From its Human Resources Leader

What Your Company Needs From its Human Resources LeaderDepending on the size of your organization and the expertise on your team, you may have a variety of responsibilities that fall on your plate each day. Several years ago, the primary role of the HR leader was to act as a “personnel” manager by making sure employees were familiar with company policies and making sure those policies were being followed. Of course we all know that the role of the HR leader has broadened over the years to include responsibilities such as payroll processing, benefit Read More...

Max OSHA Penalties to Increase 78% in 2016!

Max OSHA Penalties to Increase 78% in 2016!By Bill Evans, AIC Director of Claims at Insurance Associates In case you have run out of Tool Box Talks or ways to stress the financial impact of safety to your employees, Uncle Sam has given you a big new incentive starting in 2016. The Federal Civil Penalties Inflation Adjustment Act of 1990 required federal agencies to raise their civil fines to keep pace with inflation.  However, for the past 25 years, OSHA was one of a very few agencies who were exempt from this requirement… until now. Section Read More...

Understanding Your Mod

Understanding Your ModAs a business owner or financial manager, it is important to identify and understand every cost associated with doing business. Worker’s Compensation insurance cost can be several thousand dollars per employee.  Through a better understanding of the National Council on Compensation Insurance (NCCI) experience modification formula and the data that goes into the mod, you can better control your mod, reduce cost, and gain insight into your company’s operations. The first step to achieving a lower mod is to understand how it is calculated and what Read More...

Contractual Risk Transfer

Contractual Risk Transfer  Contractual Risk Transfer — Friend or Foe?  The legal answer:  It depends.  It is usually the friend of the stronger party in a contract, who is frequently in a position to dictate terms that are often heavy handed—as far as the law will allow, and sometimes more than that. But sometimes the onerous terms in a contract can be struck or mitigated.  My personal success rate in getting undesirable terms removed or softened is about 50%. But you have to ask, and it sometimes depends on Read More...

Insurance Producers: Choose the Right Employer

Insurance Producers: Choose the Right EmployerProducers who are committed to a career in insurance sales should be very careful about where they build their book of business.  Non-compete/ non-solicitation agreements make it very difficult for you to leave and join a new company.  If you leave, you have to start over because you cannot take the customers you worked so hard to win for, typically, two years.  In addition,  after two years, most Producers find it very hard to move the accounts because the old relationships may have dwindled and the former customer Read More...


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18 YEARS! Wow Rochelle! Thanks for your dedication and service to the agency. Happy IA Anniversary. We appreciate YOU! ... See MoreSee Less

23 hours ago  ·  

We loved being a corporate sponsor for the 2016 Carnival of Chocolates to benefit The Dwelling Place, Inc.! Check out the gift we received below, pretty cool right? ... See MoreSee Less

2 days ago  ·  

Health Care Reform Updates

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