Category Archives: Business Insurance

New Year, New Insurance

How to Get Lower Rates on Your Insurance

As the New Year approaches, one of your resolutions may be to find more ways to save money. You can do this by rethinking your insurance policies. It’s always a good idea to do an annual insurance review, because you might discover that you could be eligible for discounts and other savings that you aren’t currently taking advantage of!

For example, if you have an older car, you may have had the same car insurance for years. But did you know that your rates could be lowered based on any changes that have happened recently? For instance, if you changed jobs and don’t commute as far, that can affect how much you pay. And most likely, it will reduce the cost.

More Ways to Save on Homeowners Insurance

Also, you might be eligible for discounts to your Homeowners Insurance if you recently installed a security system or quit smoking. If you started bundling all of your insurance policies with one company, they’ll most likely give you discounts for that, too.

How to Do an Annual Insurance Review

Take time before the New Year to collect all of your insurance policies, whether it’s home, auto, renter’s, motorcycle, etc. Usually you can find the basic information on the summary page of your policy. Here’s what to look for: the amount of coverage, your premium costs and your deductible. Keep in mind, if you want to lower your premiums, you’ll be raising your deductible. First, you should make sure you can afford the deductible amount if you have to make a claim.

Could You Rebuild Your Home If You Had To?

This is an important question when you’re reevaluating your home insurance. The reality is, construction costs could be much higher than when you first took out your insurance policy. Also, remember that insurance companies will tell you that if something major needs to be replaced, it will be replaced with something of “like kind and quality.” Your kitchen may still look like the 1980s. If you needed to upgrade your kitchen with more contemporary cabinetry and appliances, you’ll need to be able to cover that cost.

Did You Purchase Valuable Items?

In the past year, you may have purchased jewelry or other very valuable items that you may not have extra coverage for. Do an inventory to make sure you haven’t forgotten that priceless painting! If you discover that you did buy something like that, you’ll need to increase your coverage for “personal possessions.”

Is Your Home More Likely to Flood?

When you purchased your house, it may not have been in a flood zone at the time. But in recent

years, have you had more damaging storms and repeated flooding in your basement? It may be time to consider getting flood insurance, even if it wasn’t required.

What Umbrella Insurance Can Do for You

Last but not least, consider umbrella insurance. It’s a low-cost way to get extra protection for things like your retirement fund, investments and any future income, which may all be lost as the result of a lawsuit. Many people don’t think about liability coverage until it’s too late. So umbrella insurance will help protect you above and beyond your standard home and auto insurance coverage.

For all your home, auto and other insurance needs, please contact Zawada Insurance Agency. We work to give you comprehensive coverage at a competitive price.

Zawada Insurance Agency, Inc. is a family-owned and operated independent insurance agency, located in Worcester, Massachusetts, serving central Massachusetts and beyond.

Business Owners Insurance: Are You Covered?

If you’re a plumber, electrician, HVAC installer or any kind of professional contractor, you may be eligible for a Business Owners Policy (BOP). This policy could include general liability, workers’ compensation, commercial auto insurance and other types of coverage.

General Liability Insurance

This is perhaps the most important type of coverage for a professional contractor. If there is an accident in the home where you’re performing work—whether it’s on pipes or electrical wires, for example—this will protect you from lawsuits and other liabilities.

Workers’ Compensation Insurance

If one of your employees is injured while on the job, this coverage will help cover medical costs as well as part of the wages lost while the employee was out sick or hurt. This is useful for industries that require a great deal of physical labor, which increases the risk of accidents.

Commercial Auto Insurance

There are special coverages for the vehicle you use for your business—extending to commercial autos, trucks and trailers. There are many options to choose from with this form of coverage, including liability and physical damage. Rates may also be adjusted according to the season. For example, if your business doesn’t do as much work during the winter, you may not use your company vehicle very much, so your rates might reflect this.

Business Interruption Insurance

Some Business Owners Insurance policies include coverage in cases where you’ve had to lose revenue because for, whatever reason, your business was out of operation. For example, if there’s a lawsuit pending against your business or a weather event forces you to halt operations, you would be covered.

Types of Businesses Eligible for Business Owners Insurance


What types of professionals may need these kinds of insurance? If you’re in the plumbing industry, you should consider getting insurance if you’re a contractor, pipe fitter, and septic tank or sprinkler installer.

Building Contractors

If you’re a home builder or developer, remodeler or any type of handy person charged with fixing or making changes to residential homes, you too would be eligible for Business Owners Insurance. Builder’s Risk Insurance is also an important type of insurance for this industry. It covers equipment used in construction projects, as well as the cost of extra materials. It also covers you for the unexpected.  

HVAC Installers

For an HVAC contractor, General Liability Insurance is the most important policy to get. If there are lawsuits because of damage to the property caused by moisture or installation issues, even injuries that resulted from work you did, General Liability Insurance will cover it.


While electricians are necessary to repair power lines or install the electrical infrastructure of new buildings, there is still a high rate of risk in this profession.  Electricians often have to deal with live wires, circuits and high voltage. Bodily injury is a major concern, so getting the right types of insurance will protect you from high liability costs.

For all of the above professions, as well as other types of contractors, Zawada Insurance Agency will work with you to find the best coverage to protect your company. In future blogs, we’ll go into even more detail about the types of coverages unique to various industries.

For more information on insurance for business owners, please contact Zawada Insurance Agency. We work to give you comprehensive coverage at a competitive price.

Zawada Insurance Agency, Inc. is a family-owned and operated independent insurance agency, located in Worcester, Massachusetts, serving central Massachusetts and beyond.

True or False: Insurance Quiz

Can you guess which of these 8 statements are true?

There are myths about insurance—auto, home, health—and they persist in spite of the facts. As we’ve said in other blogs, it’s important to get the facts straight before you purchase insurance of any kind. Here are eight true and false statements to see how well you understand insurance.

  1. Vehicles stored in your home or garage are covered under your Homeowner’s policy.

False. Cars and other vehicles should be covered by Auto Insurance. Garden tractors and other related items are part of what is covered by Homeowner’s Insurance.

  1. Commercial Liability Insurance provides coverage for your employees who are injured on the job.

False. Only Workers Compensation covers on-the-job injuries.

  1. Homeowner’s Insurance is based on the real estate market value of your house.

False. Your coverage is based on what it would cost to rebuild your home. This cost can vary, so an insurance agent can help you calculate these costs.

  1. The Affordable Care Act prohibits health insurance companies from basing rates on pre-existing conditions.

True. Health insurance companies used to raise the rates for people with a pre-existing condition. Not anymore. For those who have medical conditions such as high blood pressure, asthma and other chronic, pre-existing medical issues, this is a big relief. In addition, insurance companies can’t charge different amounts for men and women, either.

  1. It’s not necessary to have Other Structures coverage in your Homeowner’s policy.

False. But this is a trick question. It depends on you, the homeowner. Your Homeowner’s policy, at least 10% of it at least, is devoted to Other Structures. These include any buildings or structures not attached to your house—sheds, barns (not used for business), detached garages, driveways and fencing. You can always add to your Other Structures coverage if you need more. But it is important to keep it as part of your policy in the event of some unfortunate occurrence.

  1. If you get a speeding ticket in another state, it WILL follow you home.

True. Not only will it follow you, but it will also affect your insurance rates.

  1. Homeowner’s policies cover flood, earthquake and other natural disasters.

True. . .and False. They don’t automatically cover these things. Make sure you have it, or add it to your policy. The majority of policies exclude types of water damage.

  1. If your boat is hitched to the back of your vehicle on the highway and you back into someone, your Auto Insurance will cover it.

True. However, it will be limited to the coverage that your Auto Insurance provides, so it may not pay for property damage, injury or loss of life.

Keep checking our blog for more tips and advice about all types of insurance.

For all your home, auto, boat and other insurance needs, please contact Zawada Insurance Agency, Inc. We’re a family-owned and operated independent insurance agency, located in Worcester, Massachusetts, serving central Massachusetts and beyond.