Insurance for Cleaning Business | Why You Need It & More

If you own a business in the cleaning profession or are considering venturing into the industry, it’s time to air out all the business laundry. Finding the right business insurance is the first step.

It is hard to give an exact estimate of the safety level of the cleaning business industry.

A study was done on the issue and revealed that cleaners had the most elevated safety risk of most injury categories compared to even health workers.

It is not as simple as just paying for general business insurance. Insurance for a cleaning business needs careful consideration because of its unique qualities. Luckily, this is an informational guide to help you find the best coverage to protect the future of your business, yourself, and your staff.

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Why Do You Need Insurance For Cleaning Service?

Cleaning services take place in many spaces such as schools, offices, hospitals, factories and even in cleaning firms. This means that preventing a catastrophe is difficult, so insurance for cleaning businesses is the most trustworthy way to handle this issue.

Cleaning business insurance is a great way to stay protected from the many things out of your control that could go wrong. These hazards include:

  • Machinery Hazards
  • Chemicals
  • Slips and falls
  • Fire and Electricity
  • Working alone after hours

Because of the vastness of this profession, a better understanding of policies available to you that suit the particular needs of your business is crucial.

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Types of Cleaning Businesses

You may be wondering whether your business even falls under this category. You need cleaning business insurance if your company is one of the following:

  • Laundry and dry cleaning
  • Janitorial cleaning services
  • Sanitisation and disinfection
  • Pressure washing services
  • Auto detailing services

There are many more ventures in the cleaning profession, and each needs coverage to suit their unique needs. When speaking to consultants and comparing cleaning business insurance quotes, be sure to share information about your business to find coverage that suits you.

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Types of Cleaning Business Insurance

A baseline coverage will most likely not be enough to ensure that your business is safe in the future. A combination of the following is your safest bet.

General Liability Insurance

Also known as public liability insurance for cleaning businesses, this coverage protects your business from litigation  should a third-party slip and fall on a wet surface. It may also cover property damage.

Business Owners Policy

With owning a cleaning company comes a lot of equipment. This may include buffers, vacuum cleaners, protective equipment, and cleaning supplies.

Most are expensive and should be protected from any possible damage, destruction, or loss from theft, fires, weather events, or vandalism.

Worker’s Compensation Policy

The people that work for your business are a central part of its success, and because of the nature of their work, injuries are pretty standard. Your responsibility is to ensure that workers get the medical care they need, should they be injured on duty.

The worker’s compensation policy  would cover lawsuits for worker injuries, replacement wages should they be off-duty for a while, and employee medical bills due to workplace accidents. Medical care is costly, and without this coverage, you may have to fork out enough money to set your business back for a long time.

 

Auto Insurance Costs

If your business owns vehicles or cleans vehicles, you benefit from this vehicle insurance. It covers theft, damage, and vandalism of company vehicles. Carpet cleaning companies and septic tank trucks should look into purchasing a policy.

Auto Detailing business insurance would also use this coverage to protect the company from damage to the client’s vehicle while in the business’s care.

Cleaning Business Insurance and Bonding Cost

This is a particular type of cleaning business insurance as it does so much more than just pay for damages. This acts as a surety bond for the specific case of a loss caused by an employee’s dishonesty. Should your employee break, steal or lose something that belongs to a client, the policy repairs or replaces the item.

This coverage shows potential clients and investors the business’s trustworthiness and may be a solid addition to any marketing strategy.

How Much is Insurance For Cleaning Business?

It is pretty hard to precisely estimate the cleaning business insurance cost without the particulars of your establishment. For example, the cost of business insurance for cleaners will differ from the cost of business insurance for pressure washing.

When comparing cleaning business insurance quotes, it may be tempting to pick the cheapest one. But this will backfire as you will have to pay out of your pocket in the case of an issue you are not adequately covered for.

One way of lowering the cleaning business insurance cost  is by reducing risk by making it safe. This can be done in the following ways:

  1. Always provide staff with sufficient protective gear, e.g. masks, gloves, non-slip shoes, etc.
  2. Provide adequate training on equipment or chemicals so that staff may practice caution and correct methods to avoid danger.
  3. Employers should make possible risk assessments to the staff to be aware of potential hazards and avoid them.

Practicing these three steps may assist in lowering your risk and the cleaning business insurance cost. When insurance companies see your efforts to lower safety risks, your premium may be reduced.

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Final Thoughts on Insurance for Cleaning Business

This guide may help potential and current cleaning business owners sufficiently protect their investment with insurance for cleaning businesses.

A well-planned combination of policy coverages and risk assessment and management is a sure way to avoid financial losses that could shut the business down for a long time.

Be sure to contact a consultant to help you make the correct cleaning business insurance purchase today.

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