Category Archives: General Liability Insurance Company Worcester MA

Information About General Liability Insurance For Contractors

General liability insurance is a type of business insurance coverage that was created to protect business owners from a variety of claims that are made by third parties. These may include but are not limited to bodily injury, personal injury, property damage, and other events that happen to occur based on the general operation of your company. Every business, whether privately owned or publicly traded, should partake in general liability insurance in order to protect their assets. This statement holds especially true for contactors due to the fact that there are a great deal of risks related to the industry.

Protect What You Have Worked So Hard To Build

If you own a business than it is extremely important to protect what you have worked so hard to build. Even a single accident that leads to a lawsuit can deplete your assets to the point where the business is no longer able to function. With the correct amount of general liability insurance in place you do not need to worry about that happening. It is crucial to invest in the proper amount of general liability insurance coverage that is based on your amount of exposure. It is by far the best method of protecting your business from the unexpected.

You will certainly be able to live with the peace of mind of knowing that no matter what occurs, your livelihood will remain intact. Most project owners require the general contractor to carry a general liability insurance policy in order to bid on the job. In turn many of those general contractors require their sub-contractors to carry a policy as well.

Factors That Determine The Cost Of Your General Liability Policy

At this point you may be curious as to how much a general liability insurance policy will cost for your business. The investment is actually impacted by several mitigating factors. Your business type, and location are taken into account.  The level of risk that your company is exposed to also factors into the equation, as well as the number of employees that are on the payroll. For example, a mid-size construction business that manufactures, delivers, and installs heating, ventilation, and air conditioning equipment will typically have a higher chance of being sued than a small sized contracting business that only installs the HVAC equipment.

Many construction companies and contracting businesses have storefronts or showrooms. When the general public is allowed to visit your place of business than there is always the chance that someone will sustain an injury while at the premises. Something as simple as a wet spot on the floor can cause a person to slip and fall. If this occurs than your general liability insurance policy will cover the financial damage that the accident causes your business when that visitor decides to sue in a court of law. We happen to live an extremely litigious society.

More personal injury cases are filed than ever before, and you certainly do not want to end up on the wrong end of that situation without the proper insurance policy in place.

In conclusion, if a third party makes an allegation that your company caused them bodily harm, an injury, or property damage and you do not have general liability insurance coverage than your business assets can be seized in order to pay the judgment. Do not leave your contracting business vulnerable to a crippling lawsuit.

For more information about general liability insurance, other types of business insurance, or personal insurance please contact Zawada Insurance Agency today and one of our licensed, experienced, and dedicated agents will answer any and all questions that you may have. We will also help you to calculate the great deal of risks that are associated with your business in order to create the best general liability policy available. We look forward to working with you.






Understanding Garage Liability Insurance

Running a local mechanic shop? Understanding what is and isn’t covered and by which insurance policies can be confusing. Most garage businesses need general liability insurance which protects those business owners working in the garage and auto repair service industries. …but there is more to it than that.

The different types of insurances that cover mechanic shops expand the confusion. They may include: general liability insurance, garage-keepers insurance, workers compensation and more. Zawada Insurance Group is here to help clarify what you need and why.

How General Liability Insurance Works:

A general liability insurance policy will cover against a lawsuit and bodily injury costs while people are at your location. Given the nature of garage work, if an injury should occur, it could be severe, so it’s very important to make sure that you are getting the proper coverage.

Garage Keepers Insurance:

OK so we know that liability protects from bodily injury lawsuits …but what about the customers’ vehicles while they are at your shop? Garage Keepers will cover a customer’s vehicle from things such as weather damage, fire and even theft.  Keeping a customer’s vehicle in your shop over night requires you to have this type of coverage.

Workers Compensation:

Workers Compensation does just what it says; it covers your workers in an unfortunate event such as a work related injury. If you have more than one employee this insurance is required in most states and it will protect from further lawsuits stemming from any injury covered by Workers Compensation.

Custom Tailored Policy to Fit Your Business

These are just a small example of the complexities of garage insurance needs. No matter what type of auto repair services you offer, Zawada Group understands that one size does not fit all, so give us a call and we will guide you to the protection you need and the coverage you can count on to help your business run smoothly for the New Year and beyond!

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

Give us a call today to get your Garage insured the right way!

General Liability Insurance

Why Business Liability Insurance is a Must-Have for Business Owners

If you are a business owner, you should have commercial general liability insurance coverage. This type of coverage will protect your business, covering the costs for claims involving bodily injury from accidents and property damage. Simply put, a general liability policy will protect you from the high costs of lawsuits. Without it, the out-of-pocket expenses, even from settlements out of court, can be higher than many business owners can handle.

As with any insurance policy, it’s all about protection. You hope you’ll never need it. But if you do, you’ll be glad you have it. For instance, general liability insurance covers you for unforeseen things.

What could go wrong?

There are a number of reasons to have general liability coverage. If there is an accident on the premises where you are renting—flood or fire damage—you would be responsible for the cost of repairs. If an employee falls while working at your business they will incur medical bills that you would be responsible for paying.  These situations are always possible, and that’s why you need to be protected.

Business Owners Policies vs. Liability Insurance

The type of coverage you get depends on your business. If you are a business owner who rents commercial property and employs many people, you would most likely want to get a business owners policy. This is because you’ll have greater liability issues.

If, on the other hand, you’re a contractor who doesn’t need to worry about property insurance and you don’t have people working for you, then you’ll want general liability insurance.

How Much Will General Liability Insurance Cost?

There are several factors that will influence how high your liability costs are.

The type of business you have. For example, is your business involved in many moving parts—production, delivery, customer service? Or is it simply a business that provides one service only, such as delivery or manufacturing?

Where you do business. Location plays a role in two ways. 1) If you’re located in a densely populated part of the country where many claims are made, your costs will go up. 2) If you require a number of facilities to do your business as opposed to only one, your costs may also go up.

How many employees you have. As mentioned above, if you are the sole contractor working for clients, you have less risk than if you employ a number of people. Whether your business is small or large, having employees will always increase your risk.

A Word about Workers Compensation

As a business owner, you must carry workers compensation. It will cover the costs if one of your employees is injured while on the job. If an employee has to lose work time from an extended illness or injury, it will cover the lost pay. And finally, it will cover legal fees if an employee should sue you.

Business owners have a unique set of challenges, which is why it’s so important to get the right insurance. Keep checking our blog for more helpful commercial insurance tips!

And for more information on insurance for business owners, please contact Zawada Insurance Agency.  

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