When you work in the cleaning business, you help people work and live in pleasant environments. People rely on your services to keep their property polished and dusted.
However, scratch a pane of glass or damage an expensive vase and you might face a costly lawsuit. Like any business, you are liable for any damage you cause to clients’ property. Even if you are found not guilty after a lawsuit, it can be ruinous to your business’ finances.
Therefore, to avoid financial ruin, it is sensible to take out an insurance policy. In this article, we cover the basics of janitorial services insurance, what it is, why you need it, and how to save some money at the time of its purchase.
As mentioned, you are liable for any property damage that occurs while working. Your work likely takes you to a multitude of locations. Some will be expensive properties, containing pricey items or furniture; damage to these can cost thousands. If scratched or broken, you will need to foot the bill. Or an employee might become injured while at work. In this case, you will need to pay medical bills and any lost wages.
Many different cleaning businesses can benefit from a form of janitorial services insurance. These include:
Janitorial services insurance or cleaning business insurance provides the following coverages:
Collectively, the above coverage is defined as general liability insurance. However, there are additional insurance packages a janitorial service or cleaning business might consider, including:
Insurance is designed to save you money in case of future calamity. However, you can still save money when purchasing the policy itself. Follow these tips next time you are buying insurance: