Employee illness, property damage, and bodily harm are just a few dangers that might jeopardize your cleaning company's financial health if you're not appropriately insured. Cleaning insurance is intended to protect you from the negative consequences of these risks, allowing you to continue in business and remain successful.
1. Business Owners Policy
You've invested some money in your company as a business owner. You may have purchased commercial cleaning goods such as vacuum cleaners, buffers, personal protective equipment, and cleaning supplies. If this applies to you, be aware that you have tangible investments that must be safeguarded.
Property insurance covers the cost of replacing or repairing your covered equipment if it is lost or damaged as a result of:
2. General Liability Insurance
You've heard this coverage referred to as "slip-and-fall insurance." For small cleaning firms, that's a good way to remember its importance. As you are aware, the danger of falls, stumbles, and slips are quite real in your work area.
Also, if a visitor to your client stumbles on your newly polished floors, your client might be sued for damages. As a result, that client may shift the responsibility to your janitorial service. This is when general liability insurance might come in handy. This policy kicks in effect when your company-issued for:
3. Janitorial Bond
Janitorial bonds (a surety bond) demonstrate that an insurance firm backs your work to prospective clients. When a client sees the phrase "bonded" on your website or marketing material, they understand that your bond provider will cover the replacement expenses if your employee steals or damages something.
4. Workers' Compensation Insurance
A successful cleaning business necessitates the use of human resources. Consider how much you rely on your workers to do. Unfortunately, injuries are rather prevalent among cleaning professionals, and it is your company's job to ensure that injured workers receive the medical attention they require.
Carrying workers' compensation insurance might help you avoid paying for medical expenses out of your pocket. Even if you have one employee, most states require you to have this coverage. It can help pay for:
Having the appropriate forms of insurance is critical to establishing your company as a reliable and professional cleaning service. It will assist in reassuring your consumers that you are looking out for their best interests.
At Jacobs Insurance Solutions, we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays and we're here to help you out. Learn more about our products and services by calling our agency at (817) 485-8989. You can also request a free quote by CLICKING HERE. Any coverage discussed is not guaranteed. Contact us today to go over your specific needs and we are happy to help you find a policy that works for you and your budget!