Cleaning Business Insurance Cost: A Guide to Choosing the Right Policy

Choosing the right cleaning business insurance policy can be a daunting task, but understanding the costs involved can help you make an informed decision. The average cost of cleaning business insurance can range from $500 to $2,000 per year.

Insurance premiums vary based on factors such as the size of your business, the type of services you offer, and the level of coverage you need. For example, a small cleaning business with a limited number of employees may pay less for insurance than a larger business with multiple locations.

To get the best value for your money, it's essential to shop around and compare quotes from different insurance providers. This can help you find a policy that meets your specific needs and budget.

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Business insurance is a must-have for cleaning professionals, and here's why: it protects you from a wide range of accidents and business risks.

Accidents can happen in a split second, like a customer slipping on a wet floor you just mopped. Business insurance helps you cover the costs of such mishaps.

You don't want to be stuck paying out of pocket for damages or to defend your business after an accident. Having the right types of insurance for your cleaning business means you're covered.

Types of coverage for cleaning businesses are crucial to protect against various risks and accidents. General liability coverage is a must-have, covering common risks such as property destruction, copyright infringement, and legal defense.

Different types of coverage are available, including professional liability, which protects against negligence claims related to mistakes or non-performance. Cyber liability insurance is also essential for businesses that use email, own a website, or store client data.

Here are some common types of coverage for cleaning businesses:

General Liability Coverage is a crucial type of insurance for cleaning businesses. It covers common risks and accidents, including property damage and injuries to non-employees.

This policy pays for the costs of property destruction, copyright infringement, legal defense, and more. The price of your policy will be determined by different factors, and you may be able to get a discount by buying it as part of a business owner policy (BOP).

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A BOP is a package that includes multiple insurance plans to protect against the interruption of business, destruction of property, and more. General liability insurance is the go-to policy for cleaning company owners since it covers common risks and accidents.

You can add tools and equipment insurance to your general liability insurance policy, which protects the tools your employees use. This can also include errors and omissions insurance, which can protect you if a client accuses you of negligence.

Here are some common types of business insurance that your cleaning business may need to protect against risks:

General liability insurance can help cover costs if a client accuses you of damaging an expensive carpet or not following safety instructions and causing an injury. It's essential to have the right types of insurance for your cleaning business to protect yourself and your assets from unexpected expenses.

A fidelity bond is a must-have for cleaning businesses, as it protects customers from employee theft while servicing their homes. This type of bond pays customers directly in the event of a theft or property loss, up to the maximum amount purchased.

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You may also want to consider a janitorial service bond, which is a type of fidelity bond that's specifically designed for cleaning businesses. Having a janitorial service bond can give you credibility with potential clients who might be concerned about having strangers enter their property.

Some clients may require a surety bond to cover theft claims by any of your workers. This type of insurance can provide an added layer of protection for your business and give you peace of mind.

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Business owners policy is a one-stop-shop for small businesses, covering commercial property insurance and general liability insurance. It's the perfect place to start for cleaning businesses, as it covers common risks such as bodily injury, property damage, and personal and advertising injury.

A business owners policy, or BOP, typically includes two main areas: commercial property insurance and general liability insurance. You can also consider adding an individual plan that combines multiple policies, depending on your business size, locations served, and number of employees.

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Some popular insurance options for cleaning businesses include general liability insurance, commercial crime insurance, and business equipment protection. Hiscox is a good option for buying commercial crime insurance online, which can pay out to cover theft of client property worth up to $5,000.

Here are some key policy options to consider:

Some insurance providers, like NEXT Insurance, offer customized cleaning business insurance that fits your needs. They also offer a 10% discount when you bundle two or more policies.

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Policy Coverage is crucial for cleaning businesses, and it's essential to understand what's included in a policy. General Liability Coverage is a must-have for cleaning company owners, as it covers common risks and accidents, including property destruction, copyright infringement, and legal defense.

Thimble's Cleaning Business Insurance offers customized coverage for various professions and activities, including boat washing, car detailing, carpet cleaning, and more. This means you can get the right coverage for your specific business needs.

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General Liability Coverage pays for the costs of property destruction, copyright infringement, legal defense, and more. The price of your policy may vary depending on different factors, and you may be able to get a discount by buying it as part of a Business Owner Policy (BOP).

A Business Owner Policy (BOP) is a package that includes multiple insurance plans to protect against the interruption of business, destruction of property, and more. BOPs can be purchased online, and they often include commercial property insurance and general liability insurance.

Professional Liability Plan covers negligence claims relating to mistakes or non-performance. This type of coverage will protect your cleaning firm from lawsuits claiming your service caused injuries to customers.

Here are some essential types of insurance for cleaning businesses:

These types of insurance can help protect your business from a wide range of accidents and business risks, from customer injuries to property damage and theft. By choosing the right policy coverage for your cleaning business, you can ensure that you're protected and can focus on delivering excellent service to your customers.

Some of your clients may require that you have surety bond coverage to cover theft claims by any of your workers.

A fidelity bond, also called an employee dishonesty bond, is a type of bond that protects your customers from property theft by employees while servicing a client's home.

Having a janitorial service bond makes sense for many cleaning businesses as it pays your client directly in the event of a theft or property loss, up to the maximum amount purchased.

Being bonded and insured offers a measure of credibility with potential clients who might otherwise be concerned about having strangers enter their property.

This type of bond is a must-have for cleaning businesses that value their reputation and want to reassure their clients of their trustworthiness.

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Cyber liability insurance is a must for cleaning professionals who use email, own a website, or store client data.

It can pay your recovery costs if your business falls victim to a cyber-attack.

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Most states require workers' compensation insurance, even if you only have one employee.

This policy protects your business from the cost of workplace illness and injury claims, which can be crippling.

Employment practices liability insurance can cover the cost of claims brought by employees for employment-related issues, such as unfair dismissal.

EPLI is a good policy to have, as workers nowadays know their rights.

To build the right insurance package for your cleaning business, call one of our licensed agents today at 978.344.4215.

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