Category Archives: Motorcycle Insurance

Motorcycle Insurance Coverage Options

The spring season is finally upon us, which means a great deal of people will start riding their motorcycles again. It is a great way to travel, especially in the day and age of social isolation. Hitting the road on your bike may actually be the best and safest way to get out of the house in order to blow off some steam. What better way is there to stay away from others, but still have the freedom to cruise? That being stated, you still need to make sure that your motorcycle is properly insured before you take it out for a spin. So without further ado, the following information will provide you with a bunch of motorcycle insurance coverage options that will protect both your ride and yourself.

In essence, there are many types of motorcycle insurance coverage options to choose from. In fact, they are similar to the standard options that are available for automobile insurance. In addition to liability coverage, and uninsured/underinsured motorist coverage, the following options are typically available to motorcycle owners in the Commonwealth of Massachusetts.

Collision Coverage

If you get into an accident with your motorcycle, collision coverage pays for the actual damage to the bike after your deductible is subtracted from the repair or replacement amount. The deductible is the amount of money that you choose when you initially purchased your policy. In essence, it is the amount that is deducted from the claim check.

Comprehensive Coverage

This type of motorcycle insurance coverage pays you if your motorcycle is stolen or if the bike is damaged by anything other than a collision with another vehicle. Please note that a deductible applies and collision with animals are covered under your comprehensive coverage.

Personal Injury Protection Coverage

This type of motorcycle insurance coverage pays for medical bills, or portions of medical bills for parties that are injured in an accident. The parties may include you, a passenger, a pedestrian, or another operator. Insurance companies typically offer personal injury protection as an add on option, although it may be included as part of your standard policy. Deductibles may apply in certain cases.

Trip Interruption Coverage

This type of motorcycle insurance coverage comes in extremely handy if you are in an accident, or your motorcycle is put out of action when far away from your home. In essence, trip interruption coverage pays for food, lodging, and transportation if you are at least 100 miles away from your primary address.

Roadside Assistance Coverage

Speaking of breaking down, roadside assistance coverage includes towing and even labor at the site where your motorcycle breaks down. This is typically limited to specific distances within the radius of your primary address. For example, roadside assistance may only cover you if the bike is located within 30 miles of your place of residence.

Transport Trailer Coverage

If you travel with your motorcycle or transport it in a trailer, you should seriously consider adding this type of coverage to your policy. In essence, it covers damages to trailers that are valued up to $7,500.

In conclusion, if you own and operate a motorcycle, it is just as important to have the proper insurance coverage as it for your automobile. It can make the difference of having an amazing experience on the open road, or potentially facing a disaster from a financial standpoint. Please consult with a professional insurance agent that specializes in providing motorcycle insurance. It is important to fully understand exactly what you are buying when it comes to insurance policies. If you have any questions, please call (508) 831-0133 to contact an associate at Zawada Insurance. We are happy to walk you through the details of your insurance policies and explain stockyour coverage options. We look forward to helping you with all of your personal and or business related insurance needs now and in the future.

Should your insurance coverage change during the spring?

With the onset of spring comes various business changes that may include new business ventures and projects. However, the season also comes with its own challenges, excess water being one of them. The volatile spring weather could be dangerous for you and your business. Consequently, ensuring you have insurance protection could go a long way in shielding you from financial losses in case of a natural disaster. Here are some tips to help you to remain safe and secure during the upcoming spring months.

  1. Floods

Flood insurance cost does not compare to the costs that flood damages can cause. The average flood damage when it happens is $39,000 while flood insurance is only about $700 per annum. These figures show that regardless of whether you are a homeowner or a business owner, having proper flood insurance coverage is crucial.

  1. Wet weather increases chances of injury

During wet weather, cases of slips and falls increase significantly. Employees involved in outdoor activities such as maintenance and cleanup are also exposed to similar risks. During these accidents, you and your employees may get injured and some goods may also be destroyed in the process. Due to the rise in your insurance liability risks, you should ensure you have the necessary insurance coverage during this time.

  1. Increase in traffic and road accidents

During the spring break there are far more travelers and with that comes an increased risk of accidents. Motorcycles are at a higher risk as its one of the best seasons to hit the road and enjoy the weather again. New England weather means sunny one minute and rain the next which can cause some dangerous driving conditions. Did you know that in 2016 alone 13% of traffic fatalities were motorcyclists? When spring is in the air, motorcycles are everywhere, and so in an increased risk for everyone, so making sure your covered is crucial.

  1. Spring comes with increased activities

If you own a business, spring could be one of the best times to expand. With business expansion, there is also an increase in customers and an increase in business additions. Ensure your insurance covers every new thing that you have added to your business. If you purchased new vehicles and equipment, ensure you have updated your insurance to cover for the changes in your risk profile. Check your general liability insurance to ensure all the new risks or tasks are covered.

If you are unsure how you need to go about adjusting your insurance during the spring, feel free to contact us. We will gather all the necessary data and information about the risks to determine the insurance packages that you need. Since 1989, we have provided our clients with quality personal and business insurance products at Zawada Insurance Agency Inc. We will help you to avoid any claims against you or your business by getting you insured.

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.

3 Types of Motorcycle Insurance – Which one is right for you?

In the summer, the warm weather may call to you to hit the open road on your motorcycle. Before you do, make sure you have the right motorcycle insurance to give you peace of mind and make your ride a whole lot smoother.

The following are the three major categories of motorcycle insurance:

Comprehensive Physical Damage. This type of policy will cover your costs if there’s a fire, theft, severe weather, falling debris, or if you hit—or are hit by—an animal. It will also protect you if your vehicle is vandalized in any way. This is a good all-around policy to choose. If you decide to purchase it, we recommend that you purchase more than the minimum to cover any accessories or custom parts.

Bodily Injury Liability. This type of motorcycle insurance is legally required by most states. It covers the medical costs incurred by other parties—NOT your medical costs. To cover your own costs, you’ll need something called Medical Parts Coverage, which includes injuries to your passengers, dental care and even funeral expenses. Bodily Liability will cover another party’s doctor visits and hospital stays. It also includes physical therapy, lost wages from work, medications and funeral expenses—all for the other party.

Collision Insurance. If you opt for this type of insurance, you will only be paid up to the current cash value of your bike after an accident after you’ve paid your deductible. For this reason, it’s not worth getting if your bike would be a total loss after an accident. But do consider getting it if your motorcycle is worth more than the cost to repair it.

For any type of motorcycle policies, insurance companies will take many factors into consideration. First, they’ll look at your driving history. Have you had many accidents in the past? They will also look at your age and gender, as well as your bike’s make and model.

Be prepared to pay a higher cost for motorcycle insurance, especially when you’ll be venturing out on the busy highways of Massachusetts. If you’d like to save some money, bundling can help greatly reduce some of the costs.

At Zawada, we’ll work with you to help you bundle your insurance policies so you can get the best prices—and also make sure that you’re getting only what makes sense for your needs, and nothing you don’t need. Sometimes insurance companies will try to talk you into policies that just don’t make sense for your situation. If you don’t have $5,000 or more extra dollars’ worth of luxury accessories on your motorcycle, why pay more to protect it?

These are just a few examples of how we work with you to help you get the insurance that best meets your needs.

Zawada Insurance Agency is your all-in-one resource for helping you find the right coverage for you and your family. We’re a family-owned and operated independent insurance agency, working to get you the most comprehensive coverage at a competitive price.

For more information about motorcycle, car, life, homeowner and other insurance coverages, please contact Zawada Insurance Agency today at (508) 831-0133.

Zawada Insurance Agency, Inc. located in Worcester, Massachusetts, serving central Massachusetts and beyond.